TRAINEE: Exotics Cross Asset Middle Office
AI Job Summary
RESPONSIBILITIES
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
React in a timely manner to incidents and develop action plan for the long term
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.
PROFILE REQUIRED
- Good knowledge of capital market exotic 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
- Hold a Bachelors or Masters degree in Finance, Business Administration, Computer Science or similar discipline is preferred
- 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
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. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 employees and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of August 2023). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,300 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customised business solutions.
Department Description
Within Société Générale Group, you will join GBSU (Global Business Service Unit) 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.
- Job type:Graduate Jobs
- Disciplines:Banking and Finance, Business and Commerce,...
- Work rights:Hong Kong Citizen, Hong Kong...
- Locations:Hong Kong
- Salary range
30000
- Program duration
1 year
- VACANCIES
1
- POSITION START DATE
Apr 2024 (approx)
- Closing Date:26th Apr 2024, 3:59 pm
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