Transversal Fund Operations- Trainee
Responsibilities
Primary Objective
Trade Support’s mission is to ensure all trades (Futures, TRS, Structure Bonds, Cash Equities) / Funds (Subscription, Redemption) and events (Margin calls, Distribution) are correctly booked and reflected in the relevant IT systems and/or 3rd party outsource processing team in order, mainly:
- For the Operations chain to be able to ensure a smooth settlement/ matching/ pre-confirmation for all operations.
- Payments regarding fund business / fee agent are punctually processed and follow-up.
- Produce important Fund related reports (Bis report / Performance report)
- Work closely with IT team to define requirements for new business initiative or propose system enhancement / bug fix requests.
- Assist other daily operations related to Fund accounting for SGHJ.
- Support/ monitor and control Post trade processing activity of Cash Equity and Fund business.
- Service the client base and ensure all operational requirements are completed to a high standard.
- Be a subject expert to take a lead in designated tasks, developing proper controls (check points) including workflow and RACI in the form of standard operating procedure.
- Support business growth and new client onboarding flow.
- Keep a Risk assessed mindset and identify any potential risk on current/new business and to implement any control workflow process when needed and with adequate framework
- Provide support to team management, understand the bank strategies and to promote the correct Group Value.
Duties
1. Post-trade transaction support – monitor and control bookings/ positions/ trade enrichment; ensure all trade confirmations are processed; follow up on any events related to the lifecycle of the trade (e.g. confirmation, settlement, fail trade follow-up, matching issue follow-up).
2. Reporting – regular reporting to line management (KPI/KRI); and reporting to Business partners (e.g. Fund manager, Cash equities Sales Trader) for their activities monitoring.
3. Coordinate with different internal stakeholders, such as:
- IT on system issue follow-up and system enhancement.
- 3rd party outsourcing vendors / partners who performs back office / fund accounting trade booking.
- Other Departments (e.g. fee agent processing team, Finance department) if needed.
4. Static data maintenance – perform all Asia-specific requirements, ensuring a full segregation of duties.
Profile required
- Strong and sharp analytical skills.
- Positive mindset, challenge and change oriented.
- Be curious and ask relevant questions to understand the business context and how to relate that to the daily operation.
- Excellent communication skills, required to interface with various internal partners (Traders, Sales, other Middle Offices, Product Control teams, Back Offices, IT) and in different countries (Asia, Europe, America).
- English compulsory
- Attention to detail to prevent operational errors / mistakes.
- Native Japanese language skills
Business insight
About Societe Generale
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.
Our expertise in the Asia Pacific region ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Securities Services, Trade Finance and Cash Management Services. Leveraging on our formidable global footprint, we serve corporates, financial institutions, and the public sector. With our regional headquarters in Hong Kong, we operate in 11 countries across Asia Pacific, employing over 6,600 employees. You can find us in Beijing, Seoul, Tokyo, Singapore, Mumbai, Sydney and other locations in the region.