Securities Back Office Representative, Vice President
Securities Back Office Representative, Vice President
Societe Generale
Jersey City, NJ
See who Societe Generale has hired for this role
Reference:
24000GZW
Responsibilities
The Security Back-Office Department within Operations ensures the operational, clearance, administrative and processing of transactions initiated by the various business lines. In addition, it ensures the control and security of transaction processing in accordance with current financial legislations and SRO regulations and handles the Daily Settlement processing for SG Paris and certain affiliates with securities held by SG Americas Securities (‘SGAS’) on the Broadridge BPS Back Office System. The department also manages various other responsibilities affiliated with clearance.
Security Back-Office is responsible for the following in all SG entities:
The Security Back-Office Representative is a senior member of the team who leverages their technical, operational and analytical skills to work with the various trading desks, BPO, Other SG back-office entities and the Middle/Front Office to manage daily trading and clearing activity
In this role, the Sec BO Representative will:
The responsibilities for this position include:
Profile required
TECHNICAL SKILLS
Required/Must have:
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:
HYBRID WORK ENVIRONMENT:
For most positions, 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.
COMPENSATION & SALARY RANGE:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
24000GZW
Responsibilities
The Security Back-Office Department within Operations ensures the operational, clearance, administrative and processing of transactions initiated by the various business lines. In addition, it ensures the control and security of transaction processing in accordance with current financial legislations and SRO regulations and handles the Daily Settlement processing for SG Paris and certain affiliates with securities held by SG Americas Securities (‘SGAS’) on the Broadridge BPS Back Office System. The department also manages various other responsibilities affiliated with clearance.
Security Back-Office is responsible for the following in all SG entities:
- Overseeing BPO (Broadridge Outsourced Services) and all its functions including:
- Aged Fails and block issues
- Payable and Receivables (including Coupon interest and Dividends)
- Suspense
- Assuring that the BPO is in proper review and escalation
- Managing operational risks.
- Prepare Managerial reports when needed
- Assist in facilitating resolutions between Trading Desks and Back-Office
- Review and Approve wire payments
- Memo seg releases
- Short sale Notifications
The Security Back-Office Representative is a senior member of the team who leverages their technical, operational and analytical skills to work with the various trading desks, BPO, Other SG back-office entities and the Middle/Front Office to manage daily trading and clearing activity
In this role, the Sec BO Representative will:
- Manage functional and operational requirements with Stakeholders.
- Provide daily reports for Senior Management.
- Ensure adherence to regulatory, legal & compliance requirements by working with the relevant internal contacts.
The responsibilities for this position include:
- Prepare Morning short sale report
- Review and release Memo Seg
- Review, confirm and release wires throughout the day
- Review BPO Fail reports – escalate back to BPO on outstanding issues and be prepared to assist in facilitating in review and/or escalation to responsible desk
- Review the Payable / Receivable reporting and assure that all aged are being actioned
- Review Suspense accts and assure that all are actioned
- Identifying and resolving day to day issues in BPS accounts.
- Assist the trading desks and other SG entities on needed research on issue
Profile required
TECHNICAL SKILLS
- DTC Portal,
- Extensive Broadridge BPS and Impact working knowledge
- Microsoft: Access, Excel, Word, Teams and Outlook.
- Clear written and verbal communication skills, appropriate to a given audience, (technical, functional, etc.)
- Ability to analyze complex workflow methodologies and make recommendations for improvement.
- Ability to follow the workflow from Front-End trading systems to Back-Office systems
- Must be comfortable working in a very dynamic environment, with rapidly changing priorities.
- Must be comfortable working with counterparts, customers, other departments and outside vendors.
- Excellent problem-solving skills.
- Must be able to interact with Stakeholders and support staff – traders, middle office, IT, etc.
- Must be able to manage multiple tasks in parallel.
- Must have knowledge of various Broadridge research reports and how and when to utilize
- Versatility
- 10-15 years of experience in financial sector.
- Knowledge of Broker Dealer operations and Market Practices.
- Knowledge of Fixed Income and Equity products.
- Knowledge of US Regulatory Requirements (FINRA, Federal Reserve, etc.)
Required/Must have:
- Bachelor's Degree
- Series 99
- BS in Finance or Management is a plus.
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
HYBRID WORK ENVIRONMENT:
For most positions, 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.
COMPENSATION & SALARY RANGE:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
-
Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Other, Information Technology, and Management -
Industries
Financial Services and Investment Banking
Referrals increase your chances of interviewing at Societe Generale by 2x
See who you knowGet notified about new Security Representative jobs in Jersey City, NJ.
Sign in to create job alertSimilar jobs
People also viewed
-
Chief Information Security Officer - IMAPS
Chief Information Security Officer - IMAPS
-
VP Product Security
VP Product Security
-
SVP Cyber Security and Compliance
SVP Cyber Security and Compliance
-
Chief Information Security Officer (CISO)
Chief Information Security Officer (CISO)
-
Chief Information Security Officer
Chief Information Security Officer
-
Vice President of Security
Vice President of Security
-
Vice President of Security
Vice President of Security
-
Vice President of Security
Vice President of Security
-
Vice President US Retail Sales, Security Business Unit
Vice President US Retail Sales, Security Business Unit
-
Vice President of Security
Vice President of Security
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub