VIE Agent Capital Market BO - Banking operations processing - Luxembourg (country)

The Back Office Markets department deals with a lot of Société Générale Business lines: Wealth Management, Global banking & financing, SG Luxembourg local trading desk, Treasury / ALM, Corporate banking, Leasing.

It is in charge of the Post trade processing (back-office processes, accounting, confirmation, payment and the related controls) for several products: FX, money market products, OTC (IRS, options, repos, structured products), listed derivatives.

There are as well other activities addressed, like the follow up of the treasury balances and management of all the nostri accounts (incl the processing of the coverage transfers) & Mark to market processing for the credit support annex (CSA) variation margin.

Tasks and responsibilities

• Ensure the proper recording and control of L/D, FX and call account operations (market leg and client leg)

• Enter and ensures the proper outcome of operations (compliance with cut offs, confirmation and monitoring of payments), monitoring of suspends

• Assist the FO in the cash management of the bank

• Participate in the continuous improvement of the service and contributes to projects for the implementation of new tools and processes (workshop, specifications, UAT, production release, etc.)

• Ensure the reconciliation of transactions/confirmations with counterparties (compliance with EMIR / MiFID confirmation deadlines)

• Handle complaints from internal and external customers

Due to the VIE eligibility criteria, a questionnaire will be provided. Please make sure to answer all the questions for an efficient analysis of your application.

PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

Studies & experience:

• Graduate with a Master’s degree from a Business/Engineering School or University

• A previous experience in Finance / Banking would be appreciated

Language skills:

• Fluent in English

Technical, operational & soft skills:

• Good communication and presentation skills

• Proficient/Good command of MS Office

• Good knowledge of financial products, especially capital markets ones (FX, IRS,...)

• Knowledge of the banking processes, front to accounting / reporting / risks and the settlement delivery process

The VIE assignment in a nutshell

This VIE in Luxemburg is to begin as soon as possible, but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 24 months.

In case a visa is necessary, please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including your financial indemnities), please see Mon VIE-VIA Business France.

We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignment.

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. 
Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA. 
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating? 
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.