Job Description

Vos missions au quotidien

Purpose of the Role

MTR/CCR/Clearing/ team who is responsible for (a) Settlement of margin calls received from CCP's (b) Treasury back - office funding & projections, work closely with front office dealers (c) Margin control/investigations (d) Client facing activity of margin collection, monitoring & interacting actively with client's to resolve any margin related topics.

Primary responsibilities will include (but not limited to) performing

• Collateral management, Settlements ( Cash / Bonds ) facing clients, Clearing House, Exchanges

• Follow all the FBK settlement norms in case of manual payments
• Enhanced knowledge on MT message formats, Swifts, etc.
• Keep self posted all the time on the calendar & currency holidays, projection cut offs, and various other deadlines
• Monitor in real time our collateral level at clearing houses
• Collection of margin from clients
• Manage clearing invoices (settlement, registration)
• Identity, resolve and report accounting breaks
• Identity, resolve and report treasury breaks and incidents

• Accounting

• make error free posting of accounting entries
• Follow accounting principles
• Avoid Back dated amendments and posting of entries and provide required justification for manual/back dated entries

• Cash/ Securities / Accounting Lettrage breaks investigations

• Daily update the comments of latest progress on the resolution of each T+2 breaks in GDS
• All comments on breaks > T+2, needs to be updates
• Reporting

• Ensure daily accurate capture of KPI/KRI's.
• Publish weekly and monthly KPI/KRI of process
• Daily checklist is updated and saved in respective share drives
• SOP's needs to be updated to reflect the most current processes and alignment as per the mission statement

The employee will also be responsible to help and raise to the Manager the need for creating a back up for tasks performed and will ensure that new joiners are trained on the tasks.

He / She will also ensure that documentation is created and reviewed at a pre defined frequency with the objective to highlight and add steps that are new and/or omit the steps that are not needed to perform the task effectively.

The incumbent will participate in all team meetings, Department meetings and Town hall if and when invited and contribute to the meetings constructively.

Responsibilities in the Role

The role incumbent, as Associate/Senior Associate supporting US work hours

• Continuous Improvement

• Assist in the implementation of CI tools
• Participation in WB on a regular basis with necessary contribution towards the discussions.
• Participation in the PSS and make contribution and contribute in resolving the problems at hand. Sometimes the incumbent is required to take charge of the leading the PSS also.
• Cross training: Ensure to create a back up planning by training other team members on the activities performed by

• Preparing a robust training plan
• Cascade knowledge effectively and efficiently
• Within the reasonable timeframe

And highlight the areas where there is no back up planning to the manager. The objective is to gain expertise and train other team members (identified and proposed) to ensure there are no breaks in the delivery of activities/services performed.

• Process improvement:

• Play active role in implementing process/control improvements initiatives.
• No process is continued / discontinued without knowledge / approval of the supervisors and maintain the procedure as per the changes in the process
• Share knowledge/best practice/ exceptions with the members of the team.

• Client

• Escalate and Report Client Incidents within CMT

• Work closely with the stakeholders for effective resolution of breaks.
• Liaise and work closely with ITEC to coordinate on enhancements on all activities. Ensure that new roll out activities UAT performed and activities are released in PRD with maximum STP.
• Know your key clients
• Service Culture Client mindset

• Operational risk :

• Enhance Knowledge on process and systems cartography
• Inform team about errors and incidents
• Log incident in Trouble Tracker
• Perform all controls timely and accurately in the scope of OPER CCR.
• Timely escalation to management in case of deviation from daily BAU
• Perform permanent supervision controls /GPS

• Flag a control as an anomaly to remediate to make it an effective control
• Declare the EOD controls in the toll defined and rolled out Task Tracker, Tactical tool and/or Morse+
• Attend the Lessons 2 Learn sessions organized
• No unplanned leaves.
• Transversal Initiatives: participate in various transversal initiatives like information security, Audit, BCP etc. as and when deputed and play the role as it demands, apart from ensuring the BAU in the normal course does not suffer.
• No Audit request responded before consulting the management.
• Identify, analyze and create Risk awareness within the team.

• Delivery and Operations

• Assist team to ensure smooth functioning of the process by ensuring all the day to day tasks are completed by the agreed deadlines, error free processing and accuracy by arriving at speedy and proper resolution of the escalations.
• Ensure daily checklists are followed and effectively utilized. Ensure all the queries received from the internal/external clients are responded.
• Complete adherence to email notifications and mailbox management.
• Organize and plan vacation team in coordination with Team Lead and/or Managers to ensure minimal impact to production performed and daily activities.
• Participate in the meetings with onshore stakeholders whenever required.
• Demonstrate a high level of diligence and tenacity in all aspects of the role.
• Demonstrate sense of responsibility, accountability, availability, and flexibility at all times in the interest of servicing our internal and external Clients.

Et si c'etait vous ?

Abilities/skills required:

Proficiency in MS Office Tools (Excel, Word Doc, PPT, etc)

Eye for Detail

Project Management

Business Analysis

Operational Skills

Knowledge or previous experience on settlement processes (swifts, correspondent banking) and/or

Knowledge or previous experience on accounting and treasury breaks management and/or

Knowledge or previous experience on collateral management (how it works, why it's used) and/or

Knowledge or previous experience on IRD (Swap, FRA), CDS (Index and SN) and FX (NDF) products

Excel

Pourquoi nous choisir ?

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you're joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us