TRAINEE: Equity Exotics Trade Support - Trade Capture

Trainee|Hong Kong|Corporate & Investment banking

TRAINEE: Equity Exotics Trade Support - Trade Capture

Hong Kong, Hong Kong Trainee Corporate & Investment banking

Responsibilities

•    Product scope: Exotic Equity and Hybrid derivatives - Products including equity linked notes, share accumulators, auto-callable and other exotic payoffs
•    Assist with trade capture / modelling of exotic products and deals in the in-house information systems
•    Control of the economic characteristics of transactions (primary bookings, secondary bookings, modifications and cancellations) based on contractual data and in particular:
-    Ensure the consistency of transactional modeling with respect to the term sheet
-    Control the payoff modeling data in relation to the term sheet
-    Perform regular stock review needed in case of specific Asia event or operational incidents occurred in Asia area 
•    Ensure booking timeliness; provide justifications for any late bookings and amendments
•    Write down / update procedures linked to sensitive processes and controls
•    Assist FO on their specific requests with effective and innovative solutions
•    React in a timely manner to incidents and develop action plan for the long term
•    Enhance / develop tools to automate current process

Profile required

•    Hold a Bachelors or Masters degree with a major in Finance or similar
•    Equity derivatives product knowledge (vanilla and exotic, payoff understanding, life cycle events)
•    Knowledge of Python or VBA programming is an advantage
•    Strong and sharp analytical and problem-solving skills
•    Accuracy, swiftness, ability to work under pressure in trading environment
•    Being able to work and tackle challenges as a team
•    Excellent communication skills (both written and spoken); required to work with various internal partners (Traders, Engineers, Sales, Other Middle Offices, Product Control teams, Back Offices, IT) in different regions (Asia, Europe, America)
•    Fluent English is mandatory

This is a fixed term 12 month Trainee contract with Societe Generale. You will form part of the team on a full time basis. In order to apply for the Trainee position please ensure you have completed your qualification and will be available to work full time for the duration of the Trainee contract.

Business insight

Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.

ASIA-PACIFIC (ASIA), as one of the Business Units of Societe Generale, operates in 12 locations across the Asia Pacific region, employing over 2,500 employees with the regional headquarter located in Hong Kong. Our activities here are centered on Societe Generale's Global Banking & Investor Solutions pole (GBIS), a major growth engine for the Group and a key pillar of Societe Generale's universal banking model. Our expertise in Asia Pacific ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Global Transaction Banking and specialised financial services like Equipment & Vendor Finance and Vehicle Leasing & Fleet Management. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai offers customised business solutions to the Societe Generale Group globally including ASIA

Department Description

Within Société Générale Group, you will join GBSU (Global Business Service Unit) in Hong-Kong, as trade support trainee on EQD Investment scope. Our mission is to ensure all new trades and life cycle events are correctly reflected in the relevant information systems / database: 
-    for Front Office (FO) to have a clear and accurate view of their positions and risks,
-    for Operations to ensure smooth settlement for all trades,
-    for Finance to compute economic and accounting PnL in due time.

As the first link in the Operations chain, Trade Support is also the first level of control for the business.

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: 21000QXT
Entity: SG Securities (HK) Limited
Starting date: 2021/10/04
Publication date: 2021/09/02
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