TRAINEE: Cash & Equity Settlement Officer

RESPONSIBILITIES

• Settlement - Ensure trades are instructed and settled in a timely, accurate and compliant manner for Hong Kong and Stock Connect market.
• Matching - Pre-matching processing and proactively communicate the trade status to the stakeholders.
• Control - Cash and stock reconciliation break investigation, analyze the root cause and resolve the breaks.
• Funding - Perform cash flow projection on the funding requirement. Arrange funding with Treasury Desk and be mindful on Treasury cutoff.
• Payment - Process internal / external payment via internal Payment Tool.
• Project - Participate in projects on new business or system changes.

PROFILE REQUIRED

• Hold a relevant Bachelors or Masters degree.
• Some operation experience in financial institution is preferred.
• Motivated self-starter, eager to learn and willing to work on a variety of assignments.
• Excellent attention to detail and the capacity to keep track of a large and varied workload.
• Demonstrate the capacity to work in a team environment on collective success.
• Think out of the box; propose new ideas and solutions on identified problems or existing processes.
• Excellent communication skills in both English and Cantonese.

Behavioral Skill

• Team Spirit - Open mindset: I listen and share my views and my expertise in an open mode
• Client - Understanding and Respect: I listen to clients and colleagues in order to understand and anticipate their needs
• Innovation - Technology: I include technological breakthroughs in the strategies implemented
• Responsibility - Empowerment and Accountability: I give resources and autonomy to make decisions
• Commitment - Sustainability: I strive to develop my skills and knowledge

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

GBSU (Global Business Support Unit) provides independent operational support to trading and sales. The department works with a number of departments across the firm (including Risk Management, DFIN, IT, Legal and Compliance) in the course of fulfilling their roles and responsibilities and to ensure compliance with firm policies and procedures.