The purpose of this position is to support the Global Markets Prime Services Clearing business on the Futures & Options segment in relation to client money reconciliation, compliance and control, as well as relevant post trade activities of APAC listed derivatives markets. The scope of client money reconciliation includes Australia, Singapore, HK and Japan locations.
Scope may be extended to relevant client facing activities in prime clearing & services activities (listed, COTC, FXPB)
The successful candidate’s responsibilities include the following, but is not limited to:
- Handle client money functions and exchange regulatory reporting
o Perform daily client money reconciliations & controls for APAC exchanges and ensure compliance with the regulations of the relevant jurisdictions,
o Ensure all regional regulatory reporting is completed accurately and on a timely basis.
o Perform critical review and challenge existing systems, processes & controls for continuous improvement,
o Contribute and drive APAC entities client money committees
o Work closely with local or regional Compliance teams and Operational risk team, as well as local entity stakeholders
o Liaise with IT on changes management topics
- Perform daily exchange transactional &/or margin activities, position, fx selldown & event management and ensure their completion on a timely manner.
- Perform investigation for proper resolution &/or direct them to appropriate teams as appropriate.
- Ensure that all key controls are completed appropriately and on a timely basis.
- Report and escalate significant issues and blocking points to manager on a timely manner.
- Develop an expertise of the Societe Generale business and organization, as well as the general Clearing business to have an adequate understanding of the business and the supporting platform.
- Cover for any other activities as the need arises to back up the team in a pro-active and professional manner
- Cross train with teammates regularly and ensure effective communication/handovers of BAU activities among team members
- Contribute to BAU change topics or improvement plans as required
- Maintain up to date procedures of the tasks covered, and make sure to adhere to the Group policies and exchange rules as appropriate
- Challenge status quo, offer improvements and insights to deliver additional value to clients / improve the Societe Generale servicing as part of continuous improvement culture (Propose ideas and observe a collaborative mindset
Operational Risk & Regulatory Responsibility:
- Observe procedures and best practices to reduce occurrence and severity of potential mistakes, escalate issues promptly to Management and participate in the continuous improvement of processes.
PROFILE REQUIRED
Academic Background and Certifications, Experience:
- 5-8 years’ experience with an investment bank, corporate finance or similar financial institution
- Strong analytical and numerical skills. Keen eye for details. Ability to simplify complex ideas
- Understanding the clearing, post trade processing of ETD &/or Finance is an advantage
- Ability to work within team with diverse cultural backgrounds
Operational Skills:
- Fluent in written and spoken English. Other Asian languages will be an advantage (Japanese, Korean, Chinese)
- Ability to work effectively and efficiently under pressure
- Strong analytical and numerical skills
- Keen eye for details
- Enthusiastic and self-motivated
- Self-starter, and ability to work independently
- Ability to work within team with diverse cultural backgrounds
- Flexible in terms of shift work hours
Behavioral Skills:
- Collective Mindset
- Results-Oriented
- Risk Awareness
- Interpersonal Skills
- Willing to Learn and Develop Skills
- Thinking Out of the Box
