Settlements Analyst

Permanent contract|Montreal|Banking Operations

Settlements Analyst

Montreal, Canada Permanent contract Banking Operations


  • 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

  • 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

Business insight

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities and the world in which we live, because relationships are at the heart of how we operate.

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, sexual or 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: 21000C7L
Starting date: 2021/05/24
Publication date: 2021/04/14