Client Services Analyst – Collateral Margin Team

Job Reference ID:

23000EGV

Responsibilities

ABOUT THE JOB:

The Client Facing Margin Team (CFM) supports the margin, collateral and cash management needs of the Prime Service and Clearing business line across all supported asset classes.

Working transversally with related operational and business line teams the CFM team animates the delivery of efficient and professional margin and cash servicing to Prime Services clients, external partners, and internal stakeholders.

What will be your DAY-TO-DAY?

Production and Client Centricity:

• Manage, maintain, and update client reporting
• Manage daily communication and prompt resolution of client margin inquiries across asset classes and currencies
• Participate in margin related client onboarding and position transfer operations
• Capture and animate client cash balance FX conversion requests
• Establish and maintain production stability by delivering high quality service to clients, maintaining vigilance of platform IT infrastructure, and applying situational awareness to market conditions/client specific risks
• Identify and promptly resolve cash breaks
• Manage and execute account closure and offboarding requirements
• Capture and effect client external/internal payment operations
• Capture and effect updates and additions to client cash settlement instructions including call-back procedures
• Prepare and contribute to regular client reviews

Process efficiency and transformation:

• Participate and contribute to process improvement and modernization efforts
• Educate and influence clients on expected practices and behavior. Reinforce as necessary
• Participate and contribute to strategic transformation projects
• Identify, address and as necessary, escalate inefficient or ineffective processes

Manage risks:

• Respect SG golden rules and generally accepted best practices
• Apply scrutiny and situational awareness to client behavior and escalate concerns as warranted
• Ensure SGAS and its clients comply with both regulatory and house requirements

Profile Required

Skills and Qualifications:

Must Have:

• Experience across asset classes
• Understanding of product life cycle management
• System experience with GMI
• Able to meet daily production deadlines in a fast-paced environment with a high degree of accuracy
• Working knowledge of PC Span margining paradigm
• Knowledge of regulatory margin rules
• Good knowledge of all MS Suite product (Excel, Word, PowerPoint, Access)
• 2+ years of relevant clearing/settlement experience
• Very strong verbal and written communications skills
• Familiarity with joint audit committee margin handbook, rules, and regulations

Languages: (Other than English)

Desired / Plus: French,Spanish, Portuguese

Why join us

OUR Benefits:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

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

• Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
• 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)
• Minimum of 20 Vacation days + 4 personal days
• 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
• Supportive Maternity, paternity, parental and adoption leave policy

Business insight

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/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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 of the two genders is used alone in this display, it designates persons of all gender identities.