FXO Middle Office Trade Support Analyst

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Societe Generale
  • 16 Jan 18 2018-01-16

FXO Middle Office Trade Support Analyst


Environment

SG CIB is the Corporate and Investment Banking arm of the Société Générale Group. Present in over 50 countries across Europe, the Americas and Asia. SG CIB provides corporate, financial institutions, investors and public sector clients with value-added integrated financial solutions.

Primary Objectives:

Trader Support's mission is to ensure all trades and events on the Front office position are correctly reflected in the relevant IT system/ database in order mainly:

  • for the Operations chain to be able to ensure a smooth settlement/confirmation for all operations,
  • for Front Office to have a clear and honest vision of their position and risk,
  • for Finance to be able to compute/produce economic and accounting PNL in due time.

As 1st link in the Operations chain, Trader support is also the 1st level of control of the business.

Mission

Major Accountabilities/Principal responsibilities:

Duties

  • Product scope: FX Options (both vanilla and structured) and Exotic FX
  • Modelling/trade capture of exotic product and deals in the in-house information systems (FO to BO) based on documentation (term sheets, tickets) provided by FO;
  • Control of bookings initiated by FO
  • Pricing of exotic trades for accuracy check, control of bookings initiated by FO;
  • Ensure booking timeliness, provide justification for any Late Booking and Amend/Cancel, develop and deploy relevant action plan to reduce the associated KPI;
  • Monitoring of lifecycle events. Ensure integration of fixings, calculations of coupons and early termination decisions.
  • Improve booking quality control through close monitoring of rework on exotic booking;
  • Contribute to improving the booking platform through the initiation of enhancements and bug fixes and follow-up (UAT on deliveries).


Profile

Key Skill Areas & Knowledge Required:

  • Product knowledge: FX Options (both vanilla and structured) and/or Exotic FX (payoff understanding, lifecycle events) with relevant experience and expertise as trade support;
  • Understanding of trader's job and hedging decision making;
  • Strong and sharp analytical skills;
  • Good energy. Ability to handle high trade volumes and some pressurized situations
  • Excellent communication skills, required to interface with various internal partners (Traders, Engineers, Sales, other Middle Offices, Product Control teams, Back Offices, IT) and in different countries (Asia, Europe, America).
  • English language compulsory.





Behavioural Competency required:


  • Results orientated
  • Positive mindset: challenge and change oriented.
  • Cooperative team player.