Societe Generale Looking for Senior Business Management Officer – Prime Services at New York, United States Full Time

Reference:
23000SP2
Responsibilities
The MARK AMER Business Management Office (BMO) supports Global Markets activities. The team is responsible for driving business initiatives, acts as the primary liaison between the Front Office and the different support groups in the bank, and provides a critical service as the champion of business supervision and control.
Within MARK AMER Business Line BMO group, the EQD BMO team members focus on subset of Equity businesses, ranging from Delta One and volatility principal activities to agency execution and clearing solutions. We are looking for a Business Manager / COO responsible for the prime brokerage clearing perimeter, with a focus on supporting the development and the growth of US Cash Equity Prime Brokerage offering.

• Assist business line heads (Product/Sales) and BMO management with the facilitation of business initiatives and projects, while simultaneously acting as an independent control within the business, mitigating a variety of risks and ensuring smooth operational processing
• Support the Cash Equity Prime Brokerage project team in designing and setting-up operational and risk framework, leveraging on past experience in this field
• Lead complex projects involving IT and operational changes and regulatory analysis
• Liaise and be primary contact with resource groups supporting the business, including Operations, Technology, Accounting, HR, Legal, Compliance, Audit and Risk. Coordinate topics with team across all regions
• Assess and monitor operational risk and permanent supervision for various topics including trade processing fails, fees & commissions processing and margin risk computations
• Review, challenge and update processes, policies, and procedures
• Ensure business is operating in a controlled environment and recommend remediation plans for identified weaknesses
• Oversee the collection and analysis of information technology requirements
• Conduct business/impact analyses on various business initiatives considering impacts on systems and infrastructure, trading, compliance and operations
• Ensure appropriate and clear communication to management, project sponsor, project team, technology and accounting management, and other stakeholders
• Monitor financial performance, with a particular focus on expense management / cost savings (including vendor costs, RWA costs and balance sheet consumption)
• Support and foster automation of processes
• Participate in the review and implementation of various regulatory and business transformation programs (includes impact analysis and remediation planning)

Required
Profile required
Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research. Our prime services’ offering is a unique combination of execution, clearing, custody and financing services.
SKILLS AND QUALIFICATIONS:
Must Have:

• 7-10 years of experience working in a global financial organization, with leadership responsibilities for clearing activities
• 2-5 years of experience of leadership responsibilities related to US Equity prime brokerage activities
• 2-5 years of professional experience working with the following products: stocks/bonds, Listed derivatives products, FX
• Knowledge of clearing / financing business
• Knowledge of VBA / Python programming
• FINRA Series 7, 63, 3
• Bachelor’s degree in finance, Engineering, Computer Science, Information Systems, or a related field
• Language(s) English

Nice to Have:

• Experience in directly interacting with business line managers and resource-type functions (including Operation, IT, Legal, Compliance, Risk and Accounting)
• Advanced degree in Business and/or Engineering
• Language(s): French

Business insight
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

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)
HYBRID 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.
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.