Structured Financing Specialist

Permanent contract|Montreal|Banking operations processing

Structured Financing Specialist

  • Montreal, Canada
  • Permanent contract
  • Banking operations processing



The Operations Department (GBSU) ensures the operational processing and control of activity across all Global Banking and Investor Solutions business lines (Capital Markets, ex-Newedge & Financing). GBSU implements all necessary means to ensure the operational, administrative, and financial processing of capital markets and credit operations initiated by these business lines. We ensure the control and security of transaction processing in accordance with current financial regulations while acting as the first level of control on operations and booking quality. GBSU provide all necessary support during the lifecycle of the transaction, perform Know Your Customer processing, and provide general client relationship management. GBSU also acts to steer the evolution of regulatory projects and controls our external service providers.

The Counterparty Collateral Management team works to reduce counterparty risk by negotiating and administering collateral annex provisions for all master agreements (derivatives, repo, securities lending, clearing, prime brokerage, etc.). The collateral annex defines the acceptable collateral, calculation rules for each asset type, how custodial relationships are handled, and what actions are to occur during an event of a default or other termination event. The Cross-Asset Collateral and Risk negotiation team is responsible for providing the operational feasibility review during the legal negotiation, regulatory compliance, and controls where applicable, and input and validation of agreements in the relevant databases and investigating any disputes or regulatory inquiries.  We are a cross-regional team with hubs in India, Paris, and New York.


What will be your DAY-TO-DAY?


The Collateral Management Specialist helps to mitigate credit and regulatory risk to the firm by monitoring exposure levels versus collateral balances. This activity crosses several asset classes, including equities, rates, FX, credit, commodity, fixed income, structured and financing products (SFT).

This new position in our structure will initially require the implementation of a target operating model with clear communication between the regions and a follow the sun process. Responsibilities include:

1.       Project: Implement the Target Operating Model

Ø  Implement a follow the sun process on SFT collateral pool

Ø  Define RACI between different stakeholders

Ø  Define controls to reduce operational risks on collateral pools

Ø  Propose end of day actions to anticipate day+1 collateral shortfalls

Ø  Ensure IT chain convergence

Ø  Deploy target IT tools on AMER scope

Ø  Align processes and controls with EMEA team


2.       Production:

Ø  Instruct margin calls, interest calculation, payment/receive orders as per Collateral Documentation.

Ø  Book collateral movements as agreed with each counterparty

Ø  Interact with worldwide SG departments such as FO/MO/BO, Risk, Legal, Compliance and Audit.

Ø  Take the required action when a counterparty default

Ø  Select the best collateral based on the contract terms, the collateral optimization process and the defined strategies

Ø  Raise alert in the event of unusual client activity

Ø  Attend client meetings to represent the collateral activity

Ø  Monitor KPIs

·         Solve disputes

Ø  Manage the dispute resolution process

Ø  Reconcile, investigate, and follow up on any trade/MTM discrepancies with clients

Ø  Coordinate the dispute resolution either internally or liaising with the client ensuring a remediation plan is in place

Ø  Ensure requests are addressed in a timely manner

·         Manage collateral pool

Ø  Follow with Front Office that enough collateral and right quality securities have been sent to the pool

Ø  Propose collateral optimizations

Ø  Follow collateral settlements and monitor CSDR impacts

·         Process improvements:

Ø  Write Procedures (operating modes)

Ø  Relay to the team any issues found daily to identify and implement process improvements

Ø  Champion initiatives for improved client service, process efficiency, control, cost savings, etc.

·         Perimeter:

Ø  Assist and/or train collateral analysts

Ø  Work in a worldwide organization

Profile required

Skills and Qualifications:

Must Have:

Ø  Good knowledge of repo, derivatives, and Collateral Management

Ø  Strong analytical, problem-solving, and organizational skills

Ø  Strong financial analysis skills

Ø  Familiarity with banking procedures, loan, and payment systems

Ø  Familiarity with legal documentation including CSAs, MSFTAs, MRAs Sec Lending agreements and clearing agreements.

Ø  Excellent organizational and work documentation skills

Ø  Ability to maintain an awareness of changing market conditions and the relevant impact on clients.

Ø  Ability to interact in a mature and professional manner when interfacing with clients, team members and other SG departments


Desired / Plus:

Ø  Previous experience in Financing

Ø  Project management experience



Ø  Estimates the risks or opportunities of own actions and initiatives

Ø  Strong knowledge of capital markets, financial and banking industry

Ø  Highly numerate, detail oriented, and strong analytical skills

Ø  Steps forward to provide extra support to team leader and colleagues

Ø  Applies procedures and guidelines

Ø  Seeks opportunities to acquire new knowledge and skills

Ø  Organizes post-experience debriefs to ensure useful information is shared

Ø  Prioritizes work in a dynamic, deadline-focused environment.

Ø  Collaborative work style -- effectively interacts with partners across organizational boundaries/hierarchies

Ø  Creates and sustains a network of strong client relationships. Strong influencing, negotiating, and facilitation skills.

Ø  Team player, interacts well, and creates synergy in team environment



Experience Needed:

Ø  5+ years’ experience in investment banking

Ø  3+ years direct collateral management experience


Educational Requirements:

Ø  BS degree in Finance and/or Business


Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority (“FINRA”).

Why join us

OUR Benefits:


Competitive compensation & benefits offering, including but not limited to:

  • Minimum of 20 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
  • Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc. 
  • A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others).

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.
For more information about our Culture and Conduct initiatives, please visit this link (
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
We strive to write our postings as inclusively as possible. If, however, one of the two genders is used alone in this display, it designates persons of all gender identities.

Reference: 23000L6Q
Starting date: 2023/10/30
Publication date: 2023/08/24