Reference 25000H50
Responsibilities
Job Description
Trade Support Unit is responsible for the strict control of trades booked, liaising with internal departments and escalating to management where appropriate. TSU assistants work independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. A high level of FIC product experience is mandatory for this role.
This includes EQD, CTY, Forex, Money Market, Options, Interest Rate Derivatives and Credit derivative.
The primary function of the TSU role is to minimise operational risk by supporting the front and back office with their requests and monitoring trading activity. The role and expectations constantly evolve and as such processes need to be regularly reviewed, procedures kept up to date and training maintained to ensure full cover within the team.
Main responsibilities :
Team Mgt :
- Manage people and daily work allocation
- Participate and perform in year-end appraisals for the team
- Ability to provide feedback and envisage plans for people development
- Periodic assessment of process risk and sign off
- Review of SOP's and verification of Access recertification
- Participate and contribute on global weekly mgmt calls
- Discuss and provide feedback on KRI, KPI's, etc
- Maintain process maps, heat maps, improvement trackers, FTE allocation tracker, etc
- Handle and manage escalation
Transversal Task Management
Trade Checking / Affirmation - Reuters, E-Mail, Bloomberg, BlottersBroker Checking / Affirmation – Paper Confirmations, STP Screen follow-upTrade Validation –Pending Status Management – external and internal platformReporting –Trade ExpirationTrade booking and amendmentProduct Specific Task Management
è Holds a high level of expertise across products performing following tasks on a daily basis
Query Management – Counterpart Mismatch. Value Date Breaks, Missing Trades, Direction, Break Clause, Internal Reconciliation, Generics, Ad Hoc requests,STP Exception – Mapping Issues, Deal reject follow-up, feed failure follow-upBooking / Re-booking – Certificate of Deposits, Amortising Deal Structures, Back To Back, Re-booking of events deals, GenericsTrade Life Cycle / Mass Events / Amends & Cancelations – NDF Fixing, Expiry Management, Fixing exceptions, Mass Negotiations, Mass Novations,Risk AnalysisReferential Management – Bond Creation / CDS Rolls.Amendment and Cancellation Monitoring – Daily Weekly Analysis, Technical Modifications to Check.Clearing and Compression – Tri-Party, TriOptima, Ice, LCH, NDFGBS and Business partner Interaction Management
è Maintain strong relationships with all departments across SGCIB globally.
IT– Follow-up and tracking, daily issue resolution, New release, FO assistanceProject team (ORG) - Close interaction with Paris Teams and ORGCommercial MO (COM) – Regular interaction with COM in regards to client service and e-biz.Compliance – Continuous interaction and awarenessOPER Globally – TSU / BO / TRS globally to maintain high level of service and business interaction.COO / Business – Daily interaction and meetingsQuality and Control
è Ability to have a strong vision of Operations and Business evolvement and have relevant tools to adapt to ever changing markets.
KPI – Contribution and monitoringAC – Detailed analysis and action plan follow-upProcedure – Strict adherence and controlMain competencies
Previous trading Support Unit or Product control or Middle Office experience.Good understanding of one or two of the product (EQD,CTY, FX / MM / IRD / CDS / Options) is imperative.Strong Understanding of PnL and RiskUnderstanding Regulatory Environment-DFAExpected to work at all times with the highest level of accuracy and rigour to minimise operational loss.Close working relationships with Front office teams is essential.High level of communication and close working relationship with team members.Willingness to train on new products / activities / tools.Expected to be pro-active and keen to improve processes.Availability to work shift patterns if required.Ability to work under pressure in an environment where timely resolution to problems is a key element to successFlexibility and desire to broaden skill set.Ability to train and work on several IT systems throughout the day.Job Description
Profile required
Trade Support Unit is responsible for the strict control of trades booked, liaising with internal departments and escalating to management where appropriate. TSU assistants work independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. A high level of FIC product experience is mandatory for this role.
This includes EQD, CTY, Forex, Money Market, Options, Interest Rate Derivatives and Credit derivative.
The primary function of the TSU role is to minimise operational risk by supporting the front and back office with their requests and monitoring trading activity. The role and expectations constantly evolve and as such processes need to be regularly reviewed, procedures kept up to date and training maintained to ensure full cover within the team.
Main responsibilities :
Team Mgt :
Manage people and daily work allocationParticipate and perform in year-end appraisals for the teamAbility to provide feedback and envisage plans for people developmentPeriodic assessment of process risk and sign offReview of SOP's and verification of Access recertificationParticipate and contribute on global weekly mgmt callsDiscuss and provide feedback on KRI, KPI's, etcMaintain process maps, heat maps, improvement trackers, FTE allocation tracker, etcHandle and manage escalationTransversal Task Management
Trade Checking / Affirmation - Reuters, E-Mail, Bloomberg, BlottersBroker Checking / Affirmation – Paper Confirmations, STP Screen follow-upTrade Validation –Pending Status Management – external and internal platformReporting –Trade ExpirationTrade booking and amendmentProduct Specific Task Management
è Holds a high level of expertise across products performing following tasks on a daily basis
Query Management – Counterpart Mismatch. Value Date Breaks, Missing Trades, Direction, Break Clause, Internal Reconciliation, Generics, Ad Hoc requests,STP Exception – Mapping Issues, Deal reject follow-up, feed failure follow-upBooking / Re-booking – Certificate of Deposits, Amortising Deal Structures, Back To Back, Re-booking of events deals, GenericsTrade Life Cycle / Mass Events / Amends & Cancelations – NDF Fixing, Expiry Management, Fixing exceptions, Mass Negotiations, Mass Novations,Risk AnalysisReferential Management – Bond Creation / CDS Rolls.Amendment and Cancellation Monitoring – Daily Weekly Analysis, Technical Modifications to Check.Clearing and Compression – Tri-Party, TriOptima, Ice, LCH, NDFGBS and Business partner Interaction Management
è Maintain strong relationships with all departments across SGCIB globally.
IT– Follow-up and tracking, daily issue resolution, New release, FO assistanceProject team (ORG) - Close interaction with Paris Teams and ORGCommercial MO (COM) – Regular interaction with COM in regards to client service and e-biz.Compliance – Continuous interaction and awarenessOPER Globally – TSU / BO / TRS globally to maintain high level of service and business interaction.COO / Business – Daily interaction and meetingsQuality and Control
è Ability to have a strong vision of Operations and Business evolvement and have relevant tools to adapt to ever changing markets.
KPI – Contribution and monitoringAC – Detailed analysis and action plan follow-upProcedure – Strict adherence and controlMain competencies
Previous trading Support Unit or Product control or Middle Office experience.Good understanding of one or two of the product (EQD,CTY, FX / MM / IRD / CDS / Options) is imperative.Strong Understanding of PnL and RiskUnderstanding Regulatory Environment-DFAExpected to work at all times with the highest level of accuracy and rigour to minimise operational loss.Close working relationships with Front office teams is essential.High level of communication and close working relationship with team members.Willingness to train on new products / activities / tools.Expected to be pro-active and keen to improve processes.Availability to work shift patterns if required.Ability to work under pressure in an environment where timely resolution to problems is a key element to successFlexibility and desire to broaden skill set.Ability to train and work on several IT systems throughout the day.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
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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
options, Compression, Money Market, Forex, Bloomberg, Risk Analysis, Clearing, ice, Reporting, interest rate derivatives