Trader Support Unit Repo

Overview

SG capitalizes on its experience in the Fixed Income and Equities markets and its strong structuring capabilities to develop a unique product offering to clients and investors. At the cutting edge of financial research, SG's products linked to fixed income, equities, and their respective derivatives and indexes feature innovative client solutions, fitting market conditions, and client expectations.

Reference 260001KY

Responsibilities

SG is committed to trading activities with institutional counterparts on a wide array of products, ranging from plain vanilla to highly complex exotic structures. TSU positions are an integral part of the Middle Office Team, which will strengthen the efficiency and processing of the group to support the Front Office business line. Middle Office Trade Support will process the activity of the various desks including Money Markets, Repo Financing, Municipals, U.S. Governments, Corporate Bonds, Global Foreign Exchange, Interest Rate and Credit Derivative Products.

Day-to-Day Responsibilities:

• Responsible for the direct support of several Repo desks including US Treasury, Corporate and Emerging Market Bonds, ABP in NY. Main responsibilities:
• Deal Capture: enforce controls designed to make sure that executed trades are booked promptly and accurately
• Trade Input/Modifications/Cancellation
• TriParty deal allocations
• Corporate Action monitoring/booking
• Ensure consistency of process with global TSU counterparts
• Resolve Front Office vs. Back Office Trade Breaks
• Keep all procedure manuals current and up to date
• Respond to requests for Audit and Inspection teams
• Responsible for correct static data maintenance
• Liaison between Front Office, Back Office, Product Control Group, and Technology teams globally
• Test system upgrades/enhancements
• Ad Hoc assisting of the traders and salespersons
• Monitoring of the STP processes so that all trades flow to BO systems promptly
• Liaise with Back Office to investigate and resolve fails, DK’s and breaks

Profile / Requirements

LANGUAGE: Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Technical Skills: Product exposure should include understanding of Fixed Income products (US Treasuries, Agencies, Corporate Bonds and ABP).

• Strong Excel Skills
• Process Improvement

Desired / Plus:

• Knowledge of:
• TriParty Repo
• Bi-lateral Repo trade lifecycle and settlement
• BONY AccessEdge
• FED, DTC, Euroclear settlement
• GSCC/FICC netting
• Equilend

Competencies:

• Self-starter, proactive, and detail-oriented.
• Strong communication and partnering skills
• Ability to handle various ad-hoc requests in a dynamic and fast-paced environment

Qualifications (Desired/Plus):

• Familiar with Regulatory obligations
• Experience Needed: minimum 1-3 years\' experience in Fixed Income Repo
• Educational Requirements: Bachelor\'s degree in business, Finance, or Economics or equivalent
• Languages: (Other than English) none

Why join us

OUR BENEFITS:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

Competitive compensation & benefits offering, including but not limited to:

• Minimum of 20 Vacation days + 4 personal days
• Supportive Maternity, paternity, parental and adoption leave policy
• Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.

Culture & Development: A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others).

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-culture/

D&I:

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees\' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

Diversity and Inclusion

Societe Generale is an equal opportunity employer and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law. We strive to write our postings as inclusively as possible. If, however, one gender is used alone in this display, it designates persons of all gender identities.