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Settlement Analyst

3 months ago


Montreal, Canada SGS Société Générale de Surveillance SA Full time
Responsibilities

ABOUT THE JOB:

Global Banking Technology & Operations (GBTO) delivers day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. With IT & Operations teams working side by side under the same leadership, the goal of GBTO is to meet the evolving needs of its clients and market requirements, as well as anticipate technological advances to accelerate and support the transformation of GBIS activities. GBTO is at the very heart of this technological and operational challenge.

What will be your DAY-TO-DAY?

  • Process settlement activity for Money Market, Interest Trade, Credit Trading Activity, including reconciliation and break clearance
  • Ensure timely affirmation of OTC Derivative trade settlements and manage unmatched deals
  • Authorize and release payment messages before currency cut-off time
  • Ensure successful generation of payment messages
  • Maintain and exchange static data and settlement instructions for counterparts and clients
  • Identify, track, and settle all payments promptly
  • Perform fail management and resolve breaks related to OTC Derivative cash settlements
  • Provide excellent customer service and address client queries efficiently
  • Investigate queries across product groups by extracting data and liaising with Middle Office
  • Adhere to policies, procedures, best practices, and management objectives
  • Identify root causes for discrepancies and suggest permanent fixes
  • Work hours based on the US calendar
  • You should be ok to work between the hours of 9:00am-7:00pm, working hours will be on a rotational basis.

Skills and Qualifications:

Must Have:

  • 3+ years of experience in settlement functions for OTC Derivatives
  • Comprehensive knowledge of operational risk principles and procedures
  • Strong communication skills with the ability to draw sound business conclusions and recommendations
  • Ability to work collaboratively and present results to both expert and non-expert audiences
  • Builds productive relationships with internal and external parties

Languages: French and English

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority (“FINRA”).

OUR BENEFITS:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE:

  • Minimum of 20 Vacation days + 4 personal days
    • Supportive Maternity, paternity, parental and adoption leave policy
    • 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
  • 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).
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