Senior Analyst - Collateral Management

Reference 25000HT1

Responsibilities

Core Mission

The Cross-Asset Collateral & Risk operations Department (CCR), part of GBIS Operation department, oversees :

• The Collateral management on OTC products, Repo & Sec lending and CCP cleared products (OTC and listed products) for both Principal & Agency business,
• Reconciliation process facing OTC counterparts and cleared trade done by MARK / Principal,
• Global monitoring of counterparty / country risk for OPER entity,
• Project management and more specifically Collateral transformation program and regulatory projects.

This is a worldwide perimeter with teams located in Europe (Paris & London), in USA (Jersey City & Chicago) and Asia (Bangalore, Chennai & Hong Kong).

Within CCR, the teams located in India oversee performing all activities off-shored from other Regions, for both Principal and Agency business.

Responsibilities

The Margins, Port Recs & Dispute management teams within GSC CCR oversee the daily reconciliation of OTC collateralized trades (under ISDA / CSA), and must ensure the fast and accurate correction of identified discrepancies, relying on appropriate teams : TSU, Back-offices, MACC (in charge of valuation), external clients.

Reconciliation & Dispute management responsibilities :

Margining responsibilities :

Other responsibilities :

Ø Participation in WB on a regular basis with necessary contribution towards the discussions.

Ø Participation in the PSS and make contribution and contribute in resolving the problems at hand. Sometimes the incumbent is required to take charge of leading the PSS too.

Ø Work closely with the stakeholders for effective resolution of breaks (Cash, Securities, unmatched, MTM etc.)

Ø Escalate and report client incidents immediately to your reporting Manager and log onto Trouble tracker

Ø Attend the Sessions organized on the Operational risk matters in consultation of your direct Manager.

Ø Ensure high risk items / situations are escalated to supervisors in timely fashion. Ensure all risk incidents are escalated to reporting / functional line manager in a timely fashion and are tracked till resolution.

Ø Assist team to ensure smooth functioning of the process by ensuring all 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.

Ø Analyze and understand all the scope of activities managed. Ensure the SLAs / thresholds on the respective activities, breaks are adhered to all times and followed up effectively for

Ø Ensure daily checklists, Controls are followed and effectively utilized.

Ø Effective mailbox management ensure all the queries received from the internal / external clients are responded.

The Role is highly transversal and is a real opportunity to work on complex topics (valuation, OTC products, risk, Legal, Client, IT, Regulation) with a lot of interactions with on-shore / off-shore business partners (Front / Middle Offices, MACC, TSU, Legal, etc.)

Internal & External interactions

Internal : CCR On-shore teams WW, FO, MACC, OPER BL, ITEC, Legal, RISQ, etc.

External : Clients, Counterparties, CCP, Vendors (Vermeg, TriOptima, etc.)

Expected Profile & Skills

Qualifications

Profile Required

Expected Profile & Skills

Qualifications

Why join us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status

Business insight

At Société Générale, 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!

Still hesitating

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

We are committed to support accelerating our Group's ESG strategy by implementing ESG principles in all our activities and policies. They are translated in our business activity (ESG assessment, reporting, project management or IT activities), our work environment and in our responsible practices for environment protection.

Diversity and Inclusion

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Skills Required

Analytical Skills, Collateral Management