Trainee - Operations, SG Securities India (Mumbai)
Societe Generale
Operations
Mumbai, Maharashtra, India
Responsibilities
Job Summary:
• Societe Generale Securities India Private Limited (SGSI) is registered as stock broker with the Indian capital markets’ regulator “Securities and Exchange Board of India” (SEBI). It is a member of the National Stock Exchange, Bombay Stock Exchange and Metropolitan Stock Exchange of India, and is enrolled on Capital market, Futures & Options and Currency Derivatives segment.
• This is an individual contributor role. The selected candidate will be part of Global Business Service Unit (GBSU) department & responsible to support all middle/back office operational activities in Mumbai office for listed derivatives & Cash Equity products.
Main Responsibilities:
1. Operational Excellence:
• Sound understanding of Indian capital market, Clearing House, Custody, Depository & SEBI regulatory framework.
• Role entails KYC/KRA, trade processing, contracting, sending STP to custodians, bank reconciliations, and any other related activities for Cash Equity & Derivative markets.
• Perform operational activities. Perform EOD related activities & proactively escalate if any issues encountered. Ensure strict adherence to internal and external process guidelines.
• Would also be required to liaise with custody, settlement, Client fund management, regulatory reporting etc.
• Manage monthly MIS and other reports from time to time.
• Interfaces with regional team on all operations related matters
• Need to take corrective actions, when necessary, take ownership of issues in hand to see through till closure.
2. Client and Relational Excellence:
• Maintain and establish good relationship with Business line (MARK), Regional Management, Clients, Vendors. Collaborate to deliver noticeable result.
• Manage escalations with a sense of client centricity & commitment. Demonstrate responsibility, trustworthy & agility.
3. People and Culture:
• Participate in team meetings/White board. Instill team work culture towards achieving goals at a team level. Demonstrate SG core values: Team Spirit, Innovation, Responsibility & commitment with client centric approach as a core element.
4. Digital Innovation:
• Think innovatively on the BAU area assigned to come up with process improvement ideas.
• Help team manager in various efficiency initiatives.