SG Securities - Back Office Brokerage, Associate - OPER - Shanghai - 20190104003
Société GénéraleShanghaiUpdate time: August 16,2019
Job Description
Mission
- Responsible for day to day processing for Cash equity & Listed Derivatives clearing/settlement Back Office Team (BO for settlement, payment, reconciliation, collateral management, broker confirmation/statement, fee management, cash management, etc to a high-quality standard
- Coordinate a team's work assignments and balance the workload, providing day-to-day processing and assistance while supervising junior analysts’ daily processing
- Subject-matter experts on a function and/or systems within a team
- Participate in projects to design new systems or systems changes
- Monitor and mitigate operational risks, ensure compliance of all necessary controls over the processing
- Always seek opportunity to review and streamline the current work process to improve the efficiency and reduce the costs.
- Serve as point people on a function and/or systems within a team
- Assist with more complex, non-standard exception-based processing or queries.
- Delegate responsibilities effectively
All our positions are open to people with disabilities
Profile
Academic Background And Certifications, Experience
- Multiple years of Operations experience (6 - 8 years) weighted largely towards Cash Equity and listed products done in broker/dealers in mainland China, experienced towards CSDCC (Shanghai, Shenzhen)/CFFEX clearing/settlement process.
Operational Skills
- Excellent communication skills both verbal and written in Chinese and English.
- Confident when dealing with demanding business people and ability to work in a fast paced environment
- Ready to take on a hands-on job of delivery and meeting deadlines both in day-to-day processing and projects
- Proactive approach to identify opportunities to streamline and automate processes
- A strong understanding of the control environment and a pro-active approach to minimizing operational risk
- Ability to improve processes, coordinate multiple tasks and strong teamwork
- Ability to challenge and debate issues of importance to the organization.
Behavioral Skills
- Client - Understanding and Respect
- Team Spirit - Synergies
- Team Spirit - Open mindset
- Innovation - Change management
- Responsibility - Accountability
- Commitment - Inspiration
Other behavioral skills
- Excellent attention to detail and the capacity to keep track of a large and varied workload
- Ability to look at situations from several points of view
- Ability to work in a challenging environment
- Ability to work in a multicultural environment
- Adaptability
- Multi-tasking
Environment
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy. Active in the real economy for over 150 years, with a solid position in Europe. The Group is built on three complementary core businesses:
- French Retail Banking, which encompasses the Societe Generale, Crédit du Nord and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;
- International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;
- Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.
In 1981, Societe Generale became one of the first international banks to open a representative office in Beijing. In 2008, Societe Generale (China) Limited received final approval to be a wholly foreign owned bank in China. Since then, Societe Generale (China) Limited has been committed and dedicated to provide one-stop financial solutions to clients.
It has one of the broadest networks among international banks in China and is present in the country’s principal commercial centers: Beijing, Shanghai, Guangzhou, Tianjin, Wuhan, Hangzhou and Harbin.
Societe Generale in China is committed to contribute to the development of the Chinese financial sector, by bringing its global expertise and its global network, in particular in relation to the OBOR (one belt one road) initiatives. Following the decision from the Chinese regulators to allow foreign banks to hold up to 51% of a domestic securities company, Societe Generale has decided to establish a securities joint venture with Chinese partners. Subject to all relevant regulatory approvals*, this company will aim at bringing onshore Societe Generale worldwide recognized expertise in the cash and derivatives equities markets, thus contributing to the further development of financial products risk management in China.
Setting up and establishing a securities joint venture in China requires different stages of regulatory approvals, while it is our wholehearted intention and plan to get through to the final approval, there is no guarantee that such regulatory approval can be obtained. Should we encounter any delay or unforeseen circumstances outside the control of Societe Generale in the application process, we may need to postpone our hiring or make alternative arrangement with our hired personnel. In terms of the capacity of the hired personnel, they will not be considered as staff of the securities joint venture until the setup and establishment of such is completed and hence their employment may be associated with other entities for the time being.
Job code: 190000BO
Business unit: Societe Generale China Limited
Starting date: Immediate
Date of publication: 01/07/2019
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