TRAINEE: Exotics Equity Middle Office

RESPONSIBILITIES

• Product scope: Exotics Equity and Hybrid derivatives - Products including equity linked notes, share accumulators, auto-callable and other exotic 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

Profile Requirements:

• Hold a relevant Bachelors or Masters degree in Finance, Economics or similar
• Ideally exposure to capital market exotic products with cross asset underlying (Equity, Commodity, FX, Rates …)
• Ability to communicate at different levels.
• Ability to adapt to fast changing environment
• Good knowledge of Microsoft Office applications, VBA, Python and PowerBI
• Fluent English is mandatory

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.

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 

BUSINESS INSIGHT

Company Description

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 133,000 employees based in 61 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.

ASIA-PACIFIC (ASIA), as one of the Business Units of Societe Generale, operates in 12 locations across the Asia Pacific region, employing over 2,500 employees with the regional headquarter located in Hong Kong. Our activities here are centered on Societe Generale's Global Banking & Investor Solutions pole (GBIS), a major growth engine for the Group and a key pillar of Societe Generale's universal banking model. Our expertise in Asia Pacific ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Global Transaction Banking and specialised financial services like Equipment & Vendor Finance and Vehicle Leasing & Fleet Management. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai offers customised business solutions to the Societe Generale Group globally including ASIA.

Department Description

Within Société Générale Group, you will join GBSU (Global Business Service Unit) in Hong-Kong, as middle officer on EQD Investment scope. 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.