Societe Generale - Trade Support Unit - Middle Office

Trade Support Unit is responsible for the strict control of trades booked, liaising with internal departments like Traders, Sales, Back Office and escalating to management where appropriate. TSU assistants work independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. A high level of FIC product experience is mandatory for this role.

This includes Forex, Money Market, Options, Interest Rate Derivatives and Credit derivative.

The primary function of the TSU role is to minimise operational risk by supporting the front and back office with their requests and monitoring trading activity. The role and expectations constantly evolve and as such processes need to be regularly reviewed, procedures kept up to date and training maintained to ensure full cover within the team.

Number of open positions – 10 ( 10 PE /SPE)

Any graduate with 2 – 4.5 yrs experience) in middle office function specifically dealing with Fx Options & Money Markets, Commodity, Credit Default Swap & Interest Rate Derivatives.

Strong working knowledge of confirmation + settlement + products on the above mentioned asset classes.

Main responsibilities:

Transversal Task Management

- Trade Checking / Affirmation - Reuters, E-Mail, Bloomberg, Blotters

- Broker Checking / Affirmation – Paper Confirmations, STP Screen follow-up

- Trade Validation

- Pending Status Management – external and internal platform

- Reporting

- Trade Expiration

- Trade booking and amendment

Product Specific Task Management

Holds a high level of expertise across products performing following tasks on a daily basis

- Query Management – Counterpart Mismatch. Value Date Breaks, Missing Trades, Direction, Break Clause, Internal Reconciliation, Generics, Ad Hoc requests,

- STP Exception – Mapping Issues, Deal reject follow-up, feed failure follow-up

- Booking / Re-booking – Certificate of Deposits, Amortising Deal Structures, Back To Back, Re-booking of events deals, Generics

- Trade Life Cycle / Mass Events / Amends & Cancelations – NDF Fixing, Expiry Management, Fixing exceptions, Mass Negotiations, Mass Novations

- Risk Analysis

- Referential Management – Bond Creation / CDS Rolls.

- Amendment and Cancellation Monitoring – Daily Weekly Analysis, Technical Modifications to Check.

- Clearing and Compression – Tri-Party, TriOptima, Ice, LCH, NDF

Note -

- Notice Period shouldn’t be more than 60 days

- Shouldn’t have stability issues

- Shouldn’t have applied with Societe Generale GSC in the last 6 months