Senior Analyst- Deal management

Permanent contract|Bangalore|Banking operations processing

Senior Analyst- Deal management

Bangalore, India Permanent contract Banking operations processing


Develop expertise on all Derivative products and good understanding on Operational Risk. Produce the indicators of risk (KRI) or performance (KPI) of the activity of the Team. Report and escalate Client Incidents; Know your Key clients and always demonstrate good client focus Contribute towards CI Practices by Attending WB, Cross trainings, setting up PSS on non-value-added items and recurrent issues and challenging the status quo. Analysis and amendments of the breaks raised by the Control teams, Back office teams and the other stakeholders (such as ROCS QTY). Coordination between the Front Office and all the support functions of requests for information and the problem resolutions Understand the Function's ambitions - Trasfer booking to FO, Reduce Rework and Increase Automation and work accordingly towards it. Good understanding on OR in your respective scope and ensure KRI's or anomalies are escalated in a timely manner and daily checks are tracked via Task tracker / Morse Develop expertise on all the activities handled by the team. Handling production related escalations Perform UAT's and participate in various projects related to his / her asset of expertise. Help in creation and review of SOP and procedural maps and representations. Ensuring all the relevant controls and activities are performed by the juniors on time and no key risk are outstanding. Demonstrate Flexibility to support for Extended business hours whenever there is business requirement. Contribution towards various initiatives driven globally and locally aimed at Time saves and FTE saves. You also participate in the projects and the transverse tasks of the service: Participate in Initiatives to make the processes more robust, Participate to Initiatives of automation and convergence of the processes Demonstrate behavioral qualities like ownership and commitment towards the process and work towards achievement of organizational goals. Ensure 100% accuracy and quality is maintained. Taking lead on Whiteboard discussions in the absence of Ops Lead Develop good rapport to the Stakeholders and demonstrate a collaborative approach

  1- Contracts management

• Agree on the operational feasibility of the contract terms covering the Repo and Loan Operations (GMSLA, GMRA, Long Form Confirmations, etc.) to the Legal Department and the FO;
• Coordinates actions with APTP teams on the operational feasibility of the various clauses if necessary;
• Monitors quality indicators 

2- Valuation calculation and control
• Analysis of valuation changes from one day to the next (portfolio, valuation, etc.) 
• Ensures daily margin calls are correctly calculated in systems, escalates alerts and supports corrections as needed (scope of incorrect deals, missing prices, delays in COLT calculations, Collat One etc.)

3- Collateral management of and margin calls on Repo activity and Borrowings loans 
• Notify daily margin calls to individual customers according to the defined rules and support, in time, customer requests to confirm daily exposures;
• Instructs the teams in charge of the implementation of the cash payments and the necessary securities deliveries;
• Supports the necessary actions for the clients management by default (management alert and FO);
• Manages the exchange of collateral associated with FOP deals on a daily basis according to the rules defined in the contracts;
• Implements counterparty supervision according to the rules defined by the risk management.

4- Optimization of the collateral pool dedicated to the borrowing and Repo activity:
• Anticipation of collateral needs and exposure + shorts coverage in the dedicated pool;
• Optimisation of the collateral to be posted against the schedule agreed between SG and its counterparties;
• The management of OSTs on securities exchanged as collateral
• Ensures algo optimization by tracing proposal inconsistencies

5- Dispute Management
• Supports the management of recurring disputes and those relating to sensitive customers and/or large amounts;
• Monitors the correct resolution of discrepancies handled by the Collateral Manager;
• Alert and review disputes (reporting, monitoring of indicators) and ensure compliance with regulatory constraints (process, deadline, etc.)

6- Portfolio reconciliation
• Centralises and supports the monitoring of recurring valuation variances and is the interface with the valuation control teams; 
• Is the preferred internal control contact for KRI monitoring and analysis 
• Is the privileged contact of OPER line on collateral reconciliation 

7- Project studies:
• Writes more complex procedures (Synthetic Operating Modes) and proposes continuous changes in the process and/or monitoring indicators. Do not hesitate to review the new controls to be implemented or the risk areas. 

8- Perimeter and characteristic dimensions 
• Accompanies and/or trains Collateral Managers on processes and products

The main issues for the position in 2019 are:

- Continue to develop its expertise and versatility in order to maintain a strong control of operational/credit risks, in a very changing context (regulatory changes, global coverage of default management), etc. )
- Contribute to the development and strengthening of the international set up by working with its manager on follow the sun and resilience;
- Prepare for the future by contributing to projects in the Collateral business transformation programs,
- Focus on leadership model and commitment as well as the development of a customer culture.
- Contribute to the development of the business and to the improvement of the quality of the service by improving efficiency and reliability of processes (IT, Controls, implementation of a new exposure calculator tool, etc.), but also by ensuring constant customer support;
- Maintain discipline on our costs, seek to simplify and improve operational efficiency on a day-to-day basis, notably through increased measurement of the performance of our processes, macro development, etc.
- Maintain motivation and commitment, contribute to the success of projects impacting our business
- Contributing to the preparation for the future in a sensitive regulatory environment”

Profile required

• 5-10 years of experience in Investment banking, OTC Derivatives
• Experience of working with Thunderhead Smart communication
• Create templates for Document Generation using Thunderhead
• Should be able to work with numerous business and technology teams to gather requirements, document them and convert them to functional requirements
• Communicate and collaborate with clients to gather business and functional requirements and deliver artifacts such as BRD, Use Cases, GUI, Screen and Interface designs
• Perform data analysis to validate business requirement
• Write SQL queries to extract data, understand patterns, relationships amongst disparate data sets and be able to harmonize them
• Perform logical data modeling and establishing proposed system flows
• Explain/demonstrate business requirements/specifications to IT team, and contribute a business or process perspective during design reviews
• Provide IT test plans, and ensure that the proper testing plans have been completed
• Traditional SDLC environment need a strong background in software development, integration and business processes
• Must have Investment banking
• Must have experience of working on Thunderhead Smart Communication
• Agile/Scrum experience (Not mandatory)

• Must be Graduate or PG in Finance 
• Good communication skills
• Ablity to anticipate and prioritise 
• Good analytical skills

Why join us

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”

Business insight

At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices and sharing their skills with charities. There are many ways to get involved.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000SP5
Entity: SG Global Solution Centre
Starting date: 2021/11/01
Publication date: 2021/09/30