Analyst/Associate - Operations, Societe Generale Securities India (Mumbai)

Societe Generale; Maharashtra; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Societe Generale Securities India Pvt. Ltd.

is seeking a Change & Control Manager (individual contributor) to deliver all changes impacting Operations and certify GBTO account balances in line with India Head of GBTO and Business Line objectives. The role requires deep knowledge of Indian markets, regulatory requirements, and strong risk and control mindset to ensure compliance and operational excellence across back-office processes.

Qualifications

• Minimum 10 years of experience in Indian Financial Market (Cash Equity, F&O, Commodity).
• Strong written and oral communication skills.
• Sound knowledge of clearing and settlement system.
• Ability to identify and develop strong working relationship with internal partners as well as external Clients groups.
• Successful customer service track record and the ability to foster a service-oriented work environment.

Responsibilities

• Deliver market, regulatory, technology changes at functional level in a fast-changing environment.
• Certify GBTO account balances monthly and yearly; coordinate with Finance.
• Maintain adherence to internal and external process guidelines including compliance and legal.
• Drive risk reduction through smart controls/technology enhancements.
• Participate in organizational projects and change initiatives to improve efficiency.

Skills

Capital markets

Regulatory compliance

Communication skills

Relationship building

Customer service

Proactive mindset

Risk & control

Education

Graduate/Postgraduate

Tools

MS Office

Python

Job description

Responsibilities

Responsibilities

Job Summary:

The role incumbent as Change & Control Manager (individual contributor) is responsible for delivering all the changes impacting Operations team & also certify GBTO account balance of Société Générale Securities India Pvt Ltd., in accordance with the objectives set by the India Head of GBTO (IT & Operations) and Business Line.

Main Responsibilities

Production Monitoring and Operations Excellence:

• To be involved in delivering various market, regulatory, technology change at functional level in a fast-changing environment. Self-starter, innovative & self-driven to deliver projects on time in a high pressure situation.
• Good understanding of Indian Stock Exchanges, Clearing House, Custody, Depository & SEBI regulatory framework.
• Ensure strict adherence to internal and external process guidelines including compliance and legal.
• Experience of working on operational risk & reduction by implementing smart controls/technology enhancement.
• Act as an SME to certify account balances of back office system account balances - monthly and yearly. Work closely with internal Finance team.
• To maintain our risk at lowest level in a sensitive context of new Regulatory pressure.
• Participate in various organizational level projects & change initiatives. Use various internal global applications to bring in efficiency wherever applicable.

Client and Relational Excellence:

• Participate in client onboarding related topics impacting technology & Operational BAU related changes.
• Maintain and establish good relationship with Business line (MARK), Regional Management, Clients, Vendors. Collaborate to deliver noticeable result.
• Work with Head of GBTO in various projects to deliver efficiency, risk reduction by implementing smart controls.

Change Management & Transformation:

• Collate and analyze metrics to influence efficiencies and improvement efforts. Driving an environment of innovation, continuous improvement in an efficient and cost-effective manner.
• Instill culture of the right practices among the team members to change the mindset and be more focused on the process development and improvement to make it more efficient and robust.
• Participate in projects, NPC’s & new client onboarding initiatives.

People and Culture:

• Participate in team meetings/White board. Instill team work culture towards achieving goals at a team level. Demonstrate SG core values: Team Spirit, Innovation, Responsibility & commitment with client centric approach as a core element.
• Digital Innovation:
• Think innovatively on the BAU area assigned to come up with process improvement ideas.
• Help team manager in various efficiency initiatives.

Digital Innovation:

• Identify areas of improvements through brainstorming with team members and regional teams or peer groups.
• Continuously promote & look for opportunities for process improvement initiatives within the team. Deliver efficiency & automation by using group level resources & technology.

Required

Profile required

Academic Background (degree and major):

Graduate/Postgraduate

Relevant Working Experience in number of years:

Minimum 10 years of experience in Indian Financial Market (Cash Equity, F&O, Commodity)

Skills & Competencies required:

Technical:

• Knowledge of capital markets, regulatory / compliance requirements
• Strong written and oral communication skills
• Sound knowledge of clearing and settlement system
• Ability to identify and develop strong working relationship with internal partners as well as external Clients groups.
• Successful customer service track record and the ability to foster a service-oriented work environment

Behavioral:

• Proactive, motivated & self-starter with a positive attitude.
• Risk and control-oriented approach
• Result orientation with collaborative skill
• Ability to inspire team & empathy
• People management skills

Language Skills:

English

Computer Skill:

• Sound knowledge of MS Office word, excel and power point
• Knowledge of Python is preferred

Business insight

Societe Generale Securities India Pvt. Ltd. (SGSI) is the stock-broking arm of Societe Generale Group (SG Group) and was one of the earliest foreign brokers to enter India. SGSI started with a representative office in 1994 and established a full-fledged presence by 1995.

SGSI is a Securities and Exchange Board of India (SEBI) registered Stock Broker with Trading and Clearing Membership and obtained membership of Stock Exchanges (National Stock Exchange, Bombay Stock Exchange and Metropolitan Stock Exchange) to provide services in various segments (Cash Equities, F&O, Currency & Debt) of Stock Exchange. The Company has been active in the Stock Market since 1997.

SGSI is managed by a team of professionals /specialists in the broking business. The Company has a dedicated team of specialist dealers & traders to cater to the needs of institutional clients.

The Company has established itself as a premium player in the institutional segment where quality service and best technology combined with best possible execution and clearing services. The Company aims to specialize and develop capabilities in providing best quality execution and clearing services to its clients.

Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.