Clearing and Settlement Analyst – 18 months contract

Overview ABOUT THE JOB: The aim of Global Business Service Unit (GBSU) Canada is to deliver day-to-day services to Société Générale investment and corporate bank units and their clients to accelerate their transformation. GBSU differentiates itself from competitors with the pace of the agile transformation delivered, spreading the technology and data culture, shortening the decision-making process, and adopting a true industrial approach, leveraging on different teams either transversal or aligned to the different sub business units. The Operations Department is responsible for the middle and back-office functions for all Société Générale’s business lines in Canada. The Operations Group shall take all necessary measures to ensure the proper functioning of the operational, administrative, and financial processes of market transactions initiated by the business lines. In addition, the Operations Group ensures that controls surrounding transactional processes are in line with the financial rules in place. The position offered is under the Securities Department and is part of a team responsible for the allocation, settlement and reconciliation of equity and bond transactions. What will be your DAY-TO-DAY? Responsibilities Settlement of fixed income, equity and option products in the US and Global markets Reconciliation of cash positions and stock records between custodian/clearing agents/banks vs. in-house systems Reconciliation of all suspense and control accounts KPI/KRI reporting with full details around root cause and resolution Continuous efforts to resolve all breaks including fails with counterparts Work schedule is based on the calendar of the US Federal Reserve Bank. Must be flexible to work between 8:00am and 7:00pm. Overtime and late shifts on occasion. Profile required Skills and Qualifications: Must Have: Proficiency with clearing and settlements tools and systems Experienced in handling all functions within the DTCC clearing systems Proficient in Microsoft Excel, Word, and Outlook Nice to have: US Regulatory / Compliance experience Knowledge of broker / dealer operations Experience documenting front to back systems flows Competencies Bachelor’s degree in business (Finance, Accounting, Economics, Marketing, or related field), or equivalent 5-7 years related experience Understanding of trade flow and products for fixed income, equities, and options To be able to multitask and meet deadlines To advise and escalate on issues when necessary To work together with counterparts, customers, other departments, and outside vendors Comprehensive knowledge of processing domestic and international settlements Strong communication skills, written and verbal Good inter-personal and partnering skills, a “team-player” Ability to prioritize and work in a dynamic environment Languages: French, 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). Benefits & Culture OUR BENEFITS: WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE Competitive compensation & benefits offering, including but not limited to: 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) Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know. 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. #J-18808-Ljbffr