Settlement Analyst

Permanent contract|Montreal|Banking operations processing

Settlement Analyst

Montreal, Canada Permanent contract Banking operations processing




  • Processing settlement activity for Money Market, Interest Rate, Credit, FX and Equity Derivative trading activity, including reconciliation and break clearance
  • Ensure all aspects of OTC Derivative trade settlement affirmation are carried out in a timely and efficient manner
  • Ensure that the affirmation process is performed for unmatched deals, including the chasing of confirmations from counterparties as required via email and phone
  • Ensure that all relevant payment messages are authorized and released before the currency cut-off time
  • Ensure that all payment messages are generated successfully
  • Maintain and exchange static data and settlement instructions for Counterparts and Clients
  • Promptly identify, track, and settle all outgoing and incoming payments
  • Perform fail management and break resolution related to OTC Derivative cash settlements
  • Provide top class customer service as it relates to client's requests, responding to client needs and queries in an efficient manner while participating in customer services initiatives
  • Investigate queries and activities across the different product groups by extracting data from various systems & liaising with Middle Office
  • Ensure that policies, procedures, best practices, mission, and objectives set by management are adhered to on daily basis
  • Follow-up to ensure amendments are done
  • Identify root causes for the discrepancies and make suggestions to implement a permanent fix

Profile required

What you bring to our team:

Profile Required

  • Estimates the risks or opportunities of own actions and initiatives
  • Shows willingness to try new ways of doing things
  • Applies procedures and guidelines to ensure client is appropriately served
  • Contributes positively to team processes and tasks

Specific Context

  • 3+ years of experience supporting settlement functions related to OTC Derivatives
  • Comprehensive knowledge of operational risk principles and procedures
  • Ability to transform large amounts of data and information into short and concise communication with sound business conclusions and recommendations
  • Strong ability to work in a collaborative environment and to present results to both expert and non-expert audiences
  • Builds productive relationships with other internal and external parties
  • Work hours are based on US Calendar

Educational Requirements:

Bachelor's Degree

What we do differently at Société Générale

  •  Competitive compensation & benefits offering, including but not limited to:
    • Minimum of 20 days Vacation days + 4 personal days
    • Supportive Maternity, paternity, parental and adoption leave policy
    • Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.);
    • Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family;
  • There are many Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
  • We foster a culture of continuous development by encouraging our employees to seek improvements through various training programs (online training and coaching platform such as Coursera, GoFluent, PluralSight, First Finance, and others)

Why join us

Why Join Us

It is with a long-term approach that we are engaging with the world as it is today: a world in which economic development goes hand-in-hand with environmental and social progress.

As a result, we made Team spirit a central value at Societe Generale Canada. We work together to be able to offer each employee the tailored approach they require to grow.

As soon as you arrive, you will be integrated into our teams and will learn every day alongside experts, who will support you in your task.

Get ready to join an innovative company where you can bring your full self to work and evolve with forward-thinking individuals to build the bank of tomorrow!

Business insight

About us

Expanding its activities in Montreal, Société Générale Group is a large multinational bank that counts 130 000 employees located in more than 60 countries around the globe.

At Société Générale, reimagining green IT impact with our focus on sustainable movement is how we interpret our mission as responsible bankers.

Société Générale has positioned itself as a frontrunner in supporting the energy transition and carbon net zero financing.

People are the drivers of change and the world of tomorrow will be shaped by our collective creativity, combined experiences, and diversity of opinions, so that together we can have a positive impact on the future!

Teamwork and collaboration are something that we don't only talk about but that we embody through our work and global initiatives.

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: 22000MFV
Entity: Montreal Solution Center 1
Starting date: 2022/08/29
Publication date: 2022/07/25