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• 수시채용

• 채용시 마감

• 마감

• Corporate and Investment Banking

• 소시에테제네랄은행

• Banking Operations

• Korea

Title: BO Associate
Operations (OPER) provides independent operational support to trading and sales. The department works with a number of departments across the firm (including Risk Management, FIND, ITEC, Legal and Compliance) in the course of fulfilling their roles and responsibilities and to ensure compliance with firm policies and procedures. Under OPER, there are 2 functional teams (MO and BO) supporting  3 main product lines.

For Listed Securities workflow, OPER supports Cash Equities (GEF), Fixed Income (FIC) and Investment Banking Divisions (DCM). OPER manages key relationships for the bank and infrastructure providers, on-boarding of institutional clients, and assists in the coordination of issuance of new financial products. Additional functions include settlement of trades and handling a variety of asset servicing events. 

For Listed Derivatives workflow, OPER provides clearing, execution and custody services for all major trading products in KRX (Korea Exchange). Its goal is to deliver superior client service, broad product offering and scalable technology to global client base and franchise trading businesses, while minimizing operational risk.

For OTC Derivatives workflow, OPER is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. Derivatives Operations is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our business.

BO Main responsibilities:
Trade Settlement Processing (Exchange/Client) including Fail Management and Settlement Reconciliation
Payment Execution
OTC Confirmation Processing
Collateral Management (OTC)
Exchange Margin Management for Listed Derivatives
Corporate Action – Execution in the market (facing Depository or issuer companies, etc)
Position Management – Short monitoring, etc
FBK Controls/GPS Controls for BO
Reference Data Management – Cash SSI Management, Master Agreement, CSA
Treasury Operations – Cash Flow Projection, Bank Facility Account Management
Reconciliation – Position/Treasury/Nostro/Nostro Accounts
Accounting / Provision Management
Tax Reporting Management
Fee/Invoice Management – SWIFT Invoice /Commission Process

BO Mission Statement
Ensure trades are settled in a timely, accurate and compliant manner, while minimizing the risks associated with the process
Ensure Payment processing should be done in compliance with Korean regulations as well as group norms and control policies
Ensure  payment on value date, generate, pre match with counterparties, control and validate according to schedule, manage treasury incidents and cash breaks
Affirm  trades, draft send and sign confirmation in timing target,  manage client interface in case of disagreement on confirmations
Ensure all the reference data related to cash SSI and ISDA/CSA is accurately reflected in SOPHIS, BDR and all the relevant systems
Help mitigate counterparty risk associated with client trading by calculating the value of a client’s exposure to SGS Seoul or to the exchange and by posting collateral or decreasing the level of leverage
Project and communicate the short-term liquidity requirements based on daily cash flow from all business areas
Treasury position management on our custodian accounts on cash and securities and on our correspondent banking accounts.
Data integrity and reconciliations of accounts, treasury, nostro movements are central to handling risk and exposure
Process both income and corporate events arising from prop positions and ensure asset income and market events are acted upon within the deadlines and reflected within SOPHIS
 
Main Responsibilities of Associate;
Responsible for day to day processing & controlling in responsible functional areas to a high quality standard
Coordinate a team's work assignments and balance the workload, providing day-to-day work support and assistance while still serving as hands-on contributors.
Subject-matter experts on a function and/or systems within a team
Participate in projects to design new systems or systems changes
 Improve current work processes
 Increase controls and reduce costs.
Serve as point people on a function and/or systems within a team
Assist with more complex, non-standard exception-based processing or queries.
Delegate responsibilities effectively

Required Qualifications;
Multiple years of Operations experience (7~ 10 years) weighted largely towards products in broker/dealers in Korea.
Confident when dealing with demanding business people and ability to work in a fast paced environment
Excellent attention to detail and the capacity to keep track of a large and varied workload
Ready to take on a hands-on job of delivery and meeting deadlines both in day-to-day processing and projects
Proactive approach to identify opportunities to streamline and automate processes
 A strong understanding of the control environment and a pro-active approach to minimizing operational risk
Ability to improve processes, coordinate multiple tasks and strong teamwork
 Excellent communication skills both verbal and written in Korean and English.
Ability to challenge and debate issues of importance to the organization.
Ability to look at situations from several points of view

• https://careers.societegenerale.com/job-offers/BO-Associate-RQ00112243-en