Job Opportunity for Associate Confirmation at Société Générale

By | October 16, 2021
Legal Job Opportunities

Last Updated on by Admin LB

Job Opportunity for Associate Confirmation at Société Générale, Bengaluru, Karnataka.

About Company

Société Générale S.A., often nicknamed SocGen, is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services.

Job Title

Associate Confirmation

Responsibilities for Job Opportunity for Associate Confirmation 

  • Draft confirmations;
  • Affirm trade economics of deals executed by Front Office.
  • Match confirmations with the booking done by Front Office.
  • Be a point of contact between Front Office / Sales, Legal and client upon request.
  • Ensure the process of Confirmation and Matching are completed on a timely basis.
  • Ensure all deals are matched off within the defined timeline.
  • Ensure all high-risk items are flagged off to the management on a timely basis and the escalation matrix is followed.
  • Ensure active participation within various internal and external resources and execute the deal.
  • Work on any ad-hoc duties that may be assigned by management.
  • Involve in the various systems implementation (UAT, testing, migration, etc), as well as major processes review.
  • Responsible for ensuring that procedures are updated.
  • Builds a strong repository of the Operations and Domain knowledge in the team.
  • Ensures Day to day SLA & Quality parameters are met, checklists are prepared and submitted to the supervisor on a daily basis.
  • Observe operational risks and controls including business contingency.
  • Monthly duties include preparing monthly permanent supervision reports and follow up with discrepancies.
  • Responsible for ensuring that all operational issues are resolved, procedures and controls are updated and reviewed periodically.
  • Create and capture process updates/workflows pertaining to the business process.
  • Perform route cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager.
  • Provide training sessions to new joiners and existing partners in the team.
  • Work on identifying and implementing process improvements in consultation with the Supervisor.
  • Initiate and lead team-building activities within the team.
  • Participate in Audits/ BCP exercises and help the supervisor to ensure awareness in the team.
  • Assist the supervisor/ Manager in conducting Risk/ BCP/ Compliance awareness sessions.
  • Manage the sensitive clients and escalate to managers/FO in order to meet Fed Target.

Skills

  • Drafting / Matching / Affirmating confirmations for Over-The-Counter (OTC) Derivatives.
  • Must have knowledge of capital markets with exposure to derivative products.
  • Extensive knowledge about OTC Derivatives.

Location

Bengaluru, Karnataka

Application Link

To Apply – Click Here

Source – Click Here


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