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SGS Société Générale de Surveillance SA

Senior Listed Derivatives (LD) Deliveries and Expirations, Vice President

SGS Société Générale de Surveillance SA, Chicago, Illinois, United States, 60290


ResponsibilitiesThe Operations Department (“OPER”) handles the middle and back office functions for all Global Banking and Investor Solutions (“GBIS”) business lines (Markets & Financing) and International Private Banking. OPER implements all necessary means to ensure the operational, administrative, and financial processing market and credit operations initiated by business lines. In addition, OPER ensures the control and security of transaction processing in accordance with current financial legislations.OPER, which operates within GBIS, is responsible for the following at worldwide level:Making available all the resources required for the administrative and financial processing of market and credit operations initiated by the various Business LinesPerforming level one auditing in accordance with regulatory requirements, and setting up all the facilities required for secure processing of transactionsManaging operational risksParticipating in drawing up economic and accounting results for SG Coverage and Investment Banking & International Private Banking operationsThe purpose of the position is to act as a support person in Deliveries department. The position duties include managing physical and cash settled positions for US markets, follow the sun processing for EMEA markets and daily and weekly expiration processes.The Deliveries team monitors all the physical/cash settled processes, assisting other reconciliation and regulatory reporting teams when necessary. The position also includes assisting EMEA counterparts with Follow the Sun processing for later deliverables.Day-to-Day Responsibilities:Managing all physical Deliveries in Americas markets (All asset classes)Confirm with Client Services the client’s intention for spot month deliverable productsMaintain accurate open positions in books and at the exchange to ensure the clients position exposure is accurateLiaison with Client Services to gather intentions on last trade datesCheck the exchanges for any delivery notices and report to the client services teams globallyProcess and reconcile all derivative option expirations on Americas marketsProvide option coverage for EMEA markets after hoursProfile RequiredTechnical Skills:Required:Proficiency in Microsoft Office ExcelComprehensive understanding of futures products and the physical deliverable productsDesired / Plus:Proficiency in Microsoft Office SuiteGMICompetencies:Estimates the risks or opportunities of one’s own actions and initiativesOrganizes follow-up with client services or affiliate to ensure problems are resolvedIdentifies opportunities to increase efficiencyWillingly accepts challenging assignmentsUnderstands and can explain why changes are being implementedSteps forward to provide extra support to team leader and colleagues when necessaryQualifications:Minimum 5 to 10 years of applicable experience required.Educational Requirements:College Degree or equivalent work experienceDesired / Plus:BS/BA in Accounting, Finance, Mathematics or other quantitative subjectsWhy Join UsGlobal Business Service Unit (GBSU) US delivers day-to-day services to Global Banking & Investor Solutions (GBIS) and its clients. GBSU consists of entities composed of IT & non-IT teams working side-by-side under the same leadership. GBSU supports the goal of rolling out a services platform model, spreading the technology and data culture, shortening decision-making processes, and adopting an industrial approach to ensure secure, stable, and compliant operations, as well as continuously improving front to back processing environments.Business InsightOUR 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.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 clientsHYBRID 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.

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