Senior Analyst- PB

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

Job summary

Societe Generale Global Solution Centre in Bengaluru seeks a Securities Prime Brokerage Settlements specialist to manage trade life cycle processes and ensure 100% production quality. You will coordinate with custodians, brokers, and front office to avoid penalties and ensure accurate settlements, while supporting process improvements and KPI reporting.

The role requires strong interpersonal skills, documentation ability, and understanding of investment banking markets and prime brokerage

Qualifications

• Excellent interpersonal skills with ability to communicate to decision makers
• Strong writing and documentation abilities across teams
• Excellent coordination across GBSU and Business units
• Understanding of Investment Banking market and Prime brokerage activities

Responsibilities

• Deliver 100% quality production through monitoring and completion of trade lifecycle tasks
• Handle SOP reviews, cross trainings, PDPs, checklists and EOD controls
• Support process improvements for efficiency, controls and client delight
• Pre-match and manage fails for Equity, Fixed income, Repo and Rev-Repo trades
• Liaise with Custodians, Brokers/Trade Support and front office to avoid penalties
• Ensure timely action on market penalties and buy-ins; escalate as needed
• Record 100% pre-matching and narrate in the system; manage netting and pairing
• Follow client money regulations as per FCA norms and process cash settlements
• Handle client claims and penalties with investigation; produce KPI reports
• Collaborate with upstream/downstream partners; participate in projects
• Maintain end-of-day accuracy and raise alerts for abnormal events
• Demonstrate proactive, self-starting attitude and team collaboration

Skills

Interpersonal skills

Documentation skills

Coordination

Investment banking knowledge

Job description

Role description

The position is available with Securities - Prime brokerage operations team, the reporting line is to delivery manager as first line of management and further supervision to a Function head

Responsibilities

The position is available with Securities - Prime brokerage operations team, the reporting line is to delivery manager as first line of management and further supervision to a Function head

The main responsibility is to be able to deliver 100% quality production by way of Monitoring and Completion of activities and tasks related to processing of trade life cycle functions in SEC operations. This position also requires handling of supplementary responsibilities like SOP review, cross trainings, PDP’s, completions of checklists and EOD controls, etc. Demonstrate adaptability and agility towards process needs by being flexible in terms of shifts and working hours. In addition, staff is also expected to work on projects and process improvements which will lead to better efficiency, controls, and client delight

Required

Profile required

Securities Prime Brokerage Settlements main responsibilities and tasks

• Responsible for Pre-matching and fails management for the Equity, Fixed income, Repo and Rev-Repo trades in Global Market.
• Liaise with Custodians, Brokers / Trade Support and front office teams to avoid, market penalties in all markets
• Ensure all market penalties , buy-in notifications are acted upon in a timely manner, passing notification on to relevant counterparts , escalating to business line, trading desks and direct manage
• Responsible for 100% pre-matching and narrating the same in system
• Responsible for Netting and Pairing off the trades as per clients bookings.
• Responsible to follow client money regulation as per FCA norms.
• Responsible to process the Cash Settlements within stipulated currency cut off time
• Responsible to handle claims and penalties for the clients with detailed investigation
• Prioritize the trades as per market and Value to avoid any Buy-in execution.
• Responsible for collating fails reports to management, business lines and trading desks on a daily basis
• Daily/ Weekly and Monthly KPI Reporting to all the stakeholders.
• Process payments, journals, securities movement in accordance with the guidelines.
• Ensures end-of-day accuracy and with consistency
• Systematically raises alerts in case of abnormal events; breaks etc
• Performs internal controls (permanent supervision, validation, etc...)
• Monitors key performance indicators
• Monitors operational risks (e.g. exceptions follow-up, pending trades, breaks etc)
• Participates in projects to support the business line
• Close collaboration with all upstream and downstream partners involved in the chain
• Self-starter, naturally proactive continually looking to expand knowledge
• Thrive in the team environment whilst still being a strong individual contributor
• Strong relationship building, management and influencing skills

Competencies

• Excellent interpersonal skills; to be able to communicate convincingly at all levels with the key decision makers in the relevant business lines and elsewhere within the investment bank
• Strong written documentation abilities
• Coordination skills (across and between the teams in GBSU and the Business)
• Understanding of Investment Banking market and Prime brokerage activities
• Compliant with confidentiality requirements
• Ability to work autonomously and be responsible for following matters through to completion
• Solution-focused, client-oriented and proactive
• Have a strong risk culture and reliable professional conduct

Financial Conduct Authority & Prudential Regulation Authority Conduct Rules

Individual Conduct Rules - All staff covered by Code of Conduct rules are reminded of their obligation to adhere fully to these codes of conduct and failure will be considered as an act of gross misconduct

• RULE 1 You must act with integrity
• RULE 2 You must act with due skill, care and diligence
• RULE 3 You must be open and cooperative with the FCA, the PRA and other regulators
• RULE 4 You must pay due regard to the interests of customers and treat them fairly
• RULE 5 You must observe proper standards of market conduct

All Staff are covered by SG Group Leadership Model

• Team spirit – The employee encourages collective success
• Innovation – The employee will create conditions that encourage innovation
• Responsibility – The employee acts with integrity and in an ethical manner
• Commitment – The employee is committed to the role and inspires others
• Client orientation – The employee actively improves his/ her relationship with clients

Profile required

• Understanding of Investment Banking market activities
• Understanding of the Prime brokerage ; Pre-matching and Fails management of trades
• Excellent interpersonal skills; to be able to communicate convincingly at all levels with the key decision makers in the relevant business lines and elsewhere within the investment bank
• Strong written documentation abilities
• Coordination skills (across and between the teams in GBSU and the Business)
• Understanding of Investment Banking market and Prime Finance activities
• Compliant with confidentiality requirements
• Ability to work autonomously and be responsible for following matters through to completion
• Solution-focused, client-oriented and proactive
• Team player, enjoy sharing information, keen learner
• Have a strong risk culture and reliable professional conduct

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.