Responsibilities
Mission: The Transfer Agent - Dealing is able to oversee and control the outsourced activity on performing daily Dealing, Cashflow reporting, Batching and Confirmation activity and above to perform corrections activity. The collaborator should have a good understanding of the overall Transfer Agency business.
Tasks and responsibilities:
- Dealing activity management:
- Able to process and perform oversight on the below outsourced activity to SG GSC India
- Receive and place manual transactions received from investors (subscriptions, redemptions, switches and transfers) in the transfer agency system, according to procedures in place
- Manage the SWIFT queues and ensure that the repair SWIFT messages are processed within the funds trading cut-off times.
- Ensure daily deadlines are met in a multi-batch environment
- Ensure effective understanding of specific process and strict adherence to procedures
- Ensure all Estimates, Cashflows and Confirmed Deal reporting are sent timely to the clients, fund accounting and other parties according to their deadlines.
- Handle internal and external queries in a professional and timely manner
- Chase clients and internal departments when requested in the case of a query management
- Liaise with other SGSS entities
- Participate in periodic audits, Compliance and Risk sample checks
- In addition, the staff :
- Act as point of reference or expertise for their offshored colleagues
- Ensure effective compliance and controls in own area
- Prepare / Update procedures and checklists in cooperation with the team leader where applicable for onshore and verify the offshored process/procedures where applicable
- Participate to tests and trainings when requested
- Carry on reporting activities for clients and investors and ensure reports are provided within the agreed deadline
- Review/Produce monthly KPIs / Permanent Supervision within the agreed deadline
- Escalate any issue to Team Leader, suggesting resolution where possible
- May review tasks and reports as a support back up for the Team leader
- May represent the team during meetings and projects
Profile required
Operational skills
- Intermediate level of French and advanced level English, any other language would be an asset, especially German
- 1 to 2 years of experience in TA Dealing is strongly recommended, Knowledge/Experience on the TA flows with Fund Accounting and Custody would be an added advantage
- Good knowledge of Fund Distribution Services (Transfer Agency)
- Good knowledge of the Dealing activities (UCITS) and Cashflow reporting
- Good understanding of the intra (REGISTRATION/PAYMENTS/RECONCILIATION) interdependencies within a Transfer Agency Department
- Result oriented (able to assess a situation and resolve it in a timely manner), on the basis of the technical skills and risk features
- Good financial skills and eye for accuracy
- Sound knowledge on the Dealing and Reporting flows of TA process
- Good working use of Microsoft Office, especially Excel
- Advantage to have knowledge of Multifonds TA system or other TA system
- Knowledge of SWIFT / SFTP trading (Particularly - MT/MX 502, 509, 515, 535/536) in the context of Transfer Agency business
- Ability to work under pressure
Behavioral skills
- Team spirit
- Good organizational skills
- Rigor
- Analytical mind
- Communication skills
- Client orientation
- Position not submitted to MIFID 2
Why join us
Société Générale Luxembourg is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context.
Our Recruitment process:
The short-listed candidates will be invited to perform a reasoning test, a personality questionnaire and to one or more face to face interviews in order to discuss about their experience, skills and values. In order to finalize the recruitment process, the selected candidate will have to present a certain number of supporting documents before his integration (copy of diplomas, proof of previous jobs, and possibly an extract of the criminal record (bulletin n ° 3 for the Grand Duchy of Luxembourg).
Business insight
We offer our employees a working environment adapted to the evolution of the business lines; this translates in two key words: remote working & agility (depending on the department).
“Building together, with our clients, a better and sustainable future through responsible and innovative financial solutions”.
Our CSR strategy is at the heart of our DNA and the Group wishes to position itself as one of the key players in the fight against climate change by supporting customers in their energy transition. In Luxembourg, our international environment offers us tremendous diversity within our teams, for which we guarantee equal opportunities.
Our open-innovation lab #Leplateaulux, in connection with the Luxembourg innovation ecosystem, allows our employees to benefit from proximity with external start-ups and internal project developers.
Société Générale Securities Services (SGSS), the Securities business line of Société Générale Group, is one of the main Administration and Custody actors for mutual funds in Luxembourg. We offer a complete range of services for institutional clients: liquidity management, compensation, depositary and conservation services, funds administration and asset servicing, transfer agent and issuer services.
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.