Senior Analyst - Middle Office Services

Societe Generale Global Solution Centre; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Société Générale Global Solution Centre in Bengaluru is seeking a trade operations professional to ensure accurate and timely booking of OTC derivative and ETD trades. You will validate trade economics, dates, notionals, and parties while reconciling Front Office data with internal systems.

The role requires handling lifecycle events, MT messaging, and CLS settlements, with a focus on resolving discrepancies and maintaining audit trails across Risk, Front Office, and Operations.

Qualifications

• Experience in OTC derivative and ETD trade booking and validation.
• Proficiency in reconciling Front Office trades with internal systems.
• Knowledge of Swift MT300/MT340/MT540/MT541/MT910 messaging.
• Experience with CLS booking setups and settlements is a plus.
• Ability to identify and resolve trade discrepancies quickly.

Responsibilities

• Ensure accurate and timely booking of OTC derivative and ETD trades executed by the Front Office.
• Validate trade economics, trade dates, notional amounts, rates, schedules, and counterparties.
• Reconcile Front Office trade details against internal systems and source platforms.
• Identify and resolve trade booking errors promptly.
• Manage lifecycle events including amendments, resets, novations, restructures, and terminations.
• Monitor lifecycle events and ensure timely, accurate processing.

Skills

Trade processing

Trade reconciliation

Swift messages

CLS settlements

MS Office

Tools

MS Office

Job description

• Ensure accurate and timely booking of OTC derivative and ETD trades executed by the Front Office.
• Validate trade economics, trade dates, notional amounts, rates, schedules, and counterparties.
• Reconcile Front Office trade details against internal systems and source platforms.
• Identify and resolve trade booking errors promptly.
• Ensure good knowledge on swift’s integration like MT300, MT 340, MT540/MT541 and MT910
• Manage OTC derivative and ETD lifecycle events including amendments, resets, rate fixings, novation’s, restructures, and terminations.
• Monitor upcoming lifecycle events and ensure timely and accurate processing.
• Ensure trade data remains consistent between Front Office, Risk, and Operations systems throughout the trade lifecycle.
• Should be aware of Trade matching platforms and actions to be taken while discrepancy occurs.
• Handfull experience in CLS bookings and settlements.
• Good knowledge of Fund setup’s and SSI’s setups.
• Acting on all Voluntary corporate actions (VCA) by checking with clients, counterparties and custodians.
• Quick actions on VCA and report the confirmation to client and custody
• Track confirmation status to ensure trades are confirmed within agreed timelines.
• Liaise with internal teams to resolve economic discrepancies raised during confirmation matching.
• Escalate unmatched or aging confirmations where trade economics are disputed.
• Perform daily trade and position reconciliations between Front Office and downstream systems.
• Investigate and resolve trade breaks related to economics, lifecycle events, or system issues.
• Maintain clear audit trails for trade-related adjustments.
• Act as the primary trade-management contact for Front Office, Product Control, Risk, and Technology teams.
• Support traders by addressing trade-related queries and lifecycle event clarifications.
• Communicate clearly and proactively on trade issues and resolution status.
• Ensure trade data accuracy and completeness to support downstream valuation and risk processes.
• Follow established trade management controls, policies, and SLAs.
• Highlight recurring issues and contribute to root cause analysis.
• Identify opportunities to streamline trade management workflows and reduce manual interventions.
• Assist in system enhancements, testing, and trade-related process improvements.
• Contribute to documentation of trade management procedures and SOPs.

Reference 26000EWD

Responsibilities

• Ensure accurate and timely booking of OTC derivative and ETD trades executed by the Front Office.
• Validate trade economics, trade dates, notional amounts, rates, schedules, and counterparties.
• Reconcile Front Office trade details against internal systems and source platforms.
• Identify and resolve trade booking errors promptly.
• Ensure good knowledge on swift’s integration like MT300, MT 340, MT540/MT541 and MT910
• Manage OTC derivative and ETD lifecycle events including amendments, resets, rate fixings, novation’s, restructures, and terminations.
• Monitor upcoming lifecycle events and ensure timely and accurate processing.
• Ensure trade data remains consistent between Front Office, Risk, and Operations systems throughout the trade lifecycle.
• Should be aware of Trade matching platforms and actions to be taken while discrepancy occurs.
• Handfull experience in CLS bookings and settlements.
• Good knowledge of Fund setup’s and SSI’s setups.
• Acting on all Voluntary corporate actions (VCA) by checking with clients, counterparties and custodians.
• Quick actions on VCA and report the confirmation to client and custody
• Track confirmation status to ensure trades are confirmed within agreed timelines.
• Liaise with internal teams to resolve economic discrepancies raised during confirmation matching.
• Escalate unmatched or aging confirmations where trade economics are disputed.
• Perform daily trade and position reconciliations between Front Office and downstream systems.
• Investigate and resolve trade breaks related to economics, lifecycle events, or system issues.
• Maintain clear audit trails for trade-related adjustments.
• Act as the primary trade-management contact for Front Office, Product Control, Risk, and Technology teams.
• Support traders by addressing trade-related queries and lifecycle event clarifications.
• Communicate clearly and proactively on trade issues and resolution status.
• Ensure trade data accuracy and completeness to support downstream valuation and risk processes.
• Follow established trade management controls, policies, and SLAs.
• Highlight recurring issues and contribute to root cause analysis.
• Identify opportunities to streamline trade management workflows and reduce manual interventions.
• Assist in system enhancements, testing, and trade-related process improvements.
• Contribute to documentation of trade management procedures and SOPs.

Required

Profile required

• On a daily basis you process:
• Record on a daily basis the OTC and ETD products received by email
• Validation / quality check of the OTC products according to cut-off time
• Retrieve the proof of ownership of All products on a define scope according to cut-off time
• You proactively propose process optimization
• You participate to process review and tools enhancement projects
• You ensure that policies, procedures, best practices, mission and objectives set by management are correctly applied
• Help build high level of risk awareness by identifying proactively identifying anomalies in process & controls and alerting management about self-identified issues
• No Data breach (DLPs)
• Reporting: ensure the reporting with all metrics & analytics on a daily, weekly, monthly basis.
• Issue management: Daily supervision from a trade management perspective of any issues, technical or operational, which may have a negative impact on the successful execution, or which increase the associated risks. Ensure that incident and issues are escalated according to strict guidelines and track in the appropriate tools. Understanding of impact on clients and downstream departments, minimizing impact.

• Cross over sessions
• Participate actively in CI gems League
• Transparency, autonomy and effective communication to be displayed
• Upskill by attending training scheduled by L&D
• Key focus on Client centricity (Onshore and Stake holders) Target VOC > 9
• Good knowledge of MS Office applications
• Able to handle work pressures and adhered to deadlines
• Able to work in non-standard working hours and during Indian holidays
• Understand the upstream and downstream of MOS
• Ensure the SOP are updated on a timely manner
• Completion of all production activities to be in line with agreed procedures for smooth Audits. Understand the end-to-end process and guide New Joinee on the same.
• Work with Manager to establish the right control framework for the process
• Manage the flow of day-to-day operations for your Scopes -
• Risk mitigation in the process - to ensure the risk are identified and mitigations are in place to avoid impacts
• Demonstrate and be an advocate for changes and collective mindset.
• Ownership on Email and Workflow management to avoid escalations
• Influence valuable changes and positive outcomes
• Establish an open discussion for decision-making
• Establish ownership for the result orientation with regards to the production
• Contributions towards SGSS OKR defined for 2025. on the Secure Business, Client Experience & Transformation

• Ensure Quality in daily production is maintained and comparatively improve the quality percent by 10%

Enhance knowledge on Derivative Products and Swift Message.

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!

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