Job description

Summary

Processing and maintenance of all Interest Rate Derivatives on the NY book, and related cash settlements. Alternately, assist EBO team in the processing and settlement of Paris’ Securities transactions; account opening; EOD funding.


Key Area Responsibilities

Main Responsibilities EQUITY:

Management of trading operations for Equities / Convertible Bonds / EIS Sales scopes :

• Monitoring of settlement-delivery of operations for equities
• Management of settlement-delivery on physical OSTs
• Monitoring of CB issuance settlements

Main Responsibilities of the Equities Lending/Borrowing:

• Verification of proper transaction integration in the settlement-delivery chain
• Verification of proper receipt of settlement instructions by custodians
• Monitoring of proper operation settlements
• Real-time monitoring of global positions
• Escalation of failed transactions to FO
• Management of issues with IT support
• Management of accounting suspense items

Main Responsibilities of the Securities Lending/Borrowing Collateral:

• Management of triparty longbox funding
• Monitoring of proper daily operation settlements for the implementation of cash and securities collateral
• Monitoring of payment defaults/cash receipt in relation to treasury and accounting

Main Responsibilities of the Securities Lending/Borrowing Invoicing Division:

• Monthly generation and sending of invoices
• Reconciliation of received invoices
• Analysis and investigation of identified discrepancies
• Correction of discrepancies and payment processing
• Monitoring of payment defaults and accounting suspense items
• Research for optimization of invoicing processes
  
  
  (EBO)
• Manage any pending transactions for DTC/FED and BNY settlements with regard to primary and secondary markets. This includes government issues, repo settlements and resets, corporate bonds, triparty activity, and asset backed securities.
• Follow up on CAD/MXN trade issues with agent banks; limited trade processing as required.
• Settlement of equities transactions, buy and sell, repo and securities lending/borrowing activities
• All related operational management, including billing processing.
  BNY Custody account settlements/monitoring and related reconciliations.
• Soc Gen Futures processing – daily margin calls and program monitoring/reconciliation review.
• Manage settlement issues on behalf of Paris book during NY business hours.
• Liaise with NY Front Office/Middle Office and the custodian as required.
• Liaise with counterparties as needed in coordination with Bondsettlement team in Paris and CAS BO.
• Monitor and investigate breaks on real-time daily position report reconciliation (Calypso against P3).
• Maintain referential data, including creation and modification of SDI records on Calypso and accounts on Phase3 using Calypso and ALERT.
• Validate CA positions on new Treasury auctions with MO for regulatory reporting.

Salary Range: $100k-$120k

#LI-DNI

Complément

Cont'd
Review trades with Japanese clients to ensure integrity of data flowing from Calypso to Phase 3.
Investigate and liaise with clients and MO regarding EOD client fails and DK’s, until resolution.
Review of processing queues and alerts from sub-systems (EAI, EFIRA, Murex, APEX, OT) to ensure smooth transaction workflow.
End of business day (3pm) Calypso queue verification to ensure all trades and issues have been addressed for same day value.
Provide Paris BO with daily end of day IM reports.
Update of 15A6 trade accounts on Calypso to correct internal reconciliation breaks.
Contribute to annual procedures document updates.
Annual bank compliance tutorials as assigned.
Management and Reporting
CMO-CMB Management 
Key Internal contacts (Derivatives)
IRD and MM desk traders
Funds Transfer group
Control and Reconciliation teams
Paris CMO Derivatives and Documentation teams (EBO)
CAS Domestic Settlements
MO (NY, Paris, HK, FFT, Italy, London, Tokyo)
CAS Trade Support
Client On-boarding
Calypso/Summit/Integration Services IT support teams
Key External contacts
Soc Gen/BNY account officers
Clients, brokers as needed