TRAINEE: Exotics Cross Asset Trade Support
Responsibilities
In your 1st year, you will be exploring various products and activities across the region with details below
Product scope: Exotics Products on Equity, Rates, Credit, FX and Hybrid such as ELN, CLN, share accumulators, auto-callables and other exotics payoffs
Work closely with front office and the different support functions (MO, BO, Risk, Finance, ITEC) in order to:
Ensure that the modeling of products and transactions into our information system is done in an accurate and timely manner
Make sure proper control framework is in place to guarantee the exhaustiveness and quality of the bookings in order to reduce operational risk
Coordinate with FO and support functions to follow up and push for resolution of production issues
Push for automation, simplification and convergence of the processes
Analyze impacts of new products
Handle Client requests and assist relevant teams in performing the operational leg of all client related tasks
Help in producing relevant reporting on the products client had subscribed with SG
Take in charge any escalation request (information request, claims, complaint etc.) from our clients
Write down / update procedures linked to sensitive processes and controls
After gaining more knoweldge from 1st year, you can also expect to explore more different area within the Exotics Cross Asset Middle Office and be able to come up with more comprehensive solutions & enhance eixsting processes with below examples:
Involve in process improvement / automation
Contribute to regular error rate governance on Asia scope. Analyze error rate concentration and help identifying root-cause and remediation action plan
React in a timely manner to incidents and develop action plan for the long term
Candidates with outstanding performance will be considered for early conversion to permanent roles.
Profile required
Relevant Bachelor’s or Graduate’s degree holder is preferred
Graduates with some working experience gained from other sectors are also welcomed
Good knowledge of capital market exotics products with cross asset underlying (Equity, Commodity, FX, Rates)
Fluent in English is essential, with other language skills would be a plus
Ability to communicate effectively and interface with various internal partners (Traders, Engineers, Sales, other Middle Offices, Product Control teams, Back Offices, IT) and in different countries in Asia, Europe, America regions
Ability to adapt to a fast changing environment
Knowledge of Python or VBA programming is an advantage
Support change by proactively contributing to the change process and adapting to new constraints
Willingness to embody the Group's values by honouring its commitments, fostering a climate of trust and knowing how to work with colleagues from different environments and cultures
Behavioral Skills
Client - Client focus: I put long term relationship with our clients at the center of my actions, whatever my position
Team Spirit - Synergies: I make cooperation with colleagues in and outside my team a priority
Team Spirit - Collective mindset: I favour the team’s interest over my own results
Innovation - Simplification: I make things & ideas simple
Innovation - Thinking out of the box/Creativity: I propose new ideas and solutions
Responsibility - Performance: I strive for high performance
Diversity, Equity & Inclusion (DE&I):
Our 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 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
Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/
Hybrid Work Environment:
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
Department Description
Within Société Générale Group, you will join GBTO (Global Banking Technology & Operations) in Hong-Kong, as middle officer on Investment scope. The role is transversal across asset classes and 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.
Business insight
Our Culture:
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.
Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.