LEAD - Collateral Management

Societe Generale Global Solution Centre; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Société Générale Global Solution Centre (SG GSC) in Bengaluru seeks a CCR Operations professional to manage collateral and settlement processes across OTC, repo, and CCP-cleared products. You will support offshored activities, ensure quality production, and participate in regulatory projects.

The role requires flexibility in shifts, strong risk awareness, and engagement in continuous improvement initiatives, with training and compliance obligations to be met timely.

Qualifications

• Strong knowledge of collateral management and clearing processes.
• Proficiency in SWIFT messaging for payments.

Responsibilities

• Deliver 100% quality production by completing tasks related to core CCR operations.
• Demonstrate adaptability to shifts and flexible working hours to cover business priorities.
• Handle SOP updation, cross trainings, PDPs, and EOD checks.
• Lead process improvement initiatives to enhance efficiency and client satisfaction.
• Complete mandatory e-training and compliance programs on time.

Job description

Responsibilities

CCR department, part of GBIS Operation department, is in charge of :- 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 counter party/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 are in charge of performing all activities off-shored from other Regions, for both Principal and Agency business. Your key responsibilities within CCR India in 2021 : 1) Ensure to deliver 100% quality production by way of completion of activities and tasks related to processing of your core function in CCR operations.2) Demonstrate adaptability and agility towards process needs by being flexible in terms of shifts and working hours to ensure good coverage of business priorities.3) . This position also requires handling of supplementary responsibilities like SOP updation and review, cross trainings, PDP’s, completions of checklists and EOD controls, etc4) Work on projects and process improvements which will lead to better efficiency, controls and client delight.5) Complete L&D allocated e-training, mandatory compliance training, service culture sessions, etc on time without any escalations.

Responsibilities

CCR department, part of GBIS Operation department, is in charge of :- 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 counter party/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 are in charge of performing all activities off-shored from other Regions, for both Principal and Agency business. Your key responsibilities within CCR India in 2021 : 1) Ensure to deliver 100% quality production by way of completion of activities and tasks related to processing of your core function in CCR operations.2) Demonstrate adaptability and agility towards process needs by being flexible in terms of shifts and working hours to ensure good coverage of business priorities.3) . This position also requires handling of supplementary responsibilities like SOP updation and review, cross trainings, PDP’s, completions of checklists and EOD controls, etc4) Work on projects and process improvements which will lead to better efficiency, controls and client delight.5) Complete L&D allocated e-training, mandatory compliance training, service culture sessions, etc on time without any escalations.

These positions are being offshored from AMER and moved to SG GSC

Behavioural Competencies

• Result oriented : Capacity to reach ambitious but realistic objectives.
• Risk oriented : Understanding of priority, risks and stakes and more specifically on operational risk and clients,
• Client oriented : Capacity to answer efficiently to client request with the best service quality,
• Cooperation : They also need to demonstrate team spirit with mindset of working with others in harmony, contributing towards innovation and change mgmt process, team work and favor general interest.
• Exemplarity : Demonstrate ownership and commitment to deliver 100% on code of conduct, compliance and risk management policies, training completion, on their own.

Technical skills

• Good understanding of market environment (Industry, infrastructure, regulatory rules),
• Good understanding of bilateral collateral management and clearing stakes,
• Good communication (oral and written capabilities), capacity to convey strong messages,
• Change management and process improvement culture,
• Capacity to Master the tools and application

Profile required

Good Understanding of Collateral business and has proficiency in Swift message for payment processing.

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.