To be part of Societe Generale European Business Services means to work in a dynamic and active environment where your work has a real impact in the company’s activity.
Our teams work in an Agile mode and are constantly encouraged to collaborate in transversal projects through which they can learn and adapt together in order to contribute to the growth of our center of excellence.
Your main role is to conduct studies and assess impact analysis to answer European and US regulatory like : MIFID 2, DFA, EMIR, HireAct 871m on Equity Derivatives product (Equity Listed & OTC products).
About the project :
The project is composed of several streams :
Pre-trade transparency stream aims to make public all quotes sent to a client under a given size / price and traded outside a trading venue.
The main requirements are : capture all prices on equity derivatives provided by sales & traders to clients, compute MIFID eligibility and publish these quotes on an external portal so that they can be consulted by other clients with tha same MIFID classification;
DFA and EMIR Transaction Reporting. All the new OTC Regulations requiered the finantial entity to report all the life cycle event of their OTC deal.
SG is using DTCC as a GTR with some FPML reports.
HireAct 87m regulation : evaluate the tax to be paid to US IRS on eligible financial products having US underlyings sold to non US clients.
The eligibility assessment is computed taking into account risk indicators (delta, SET) and is to be reevaluated on daily basis for secondary trading animation.
Role & responsabilities :
Collect and centralize business needs on the different regulatory streams;
Perform detailed studies and challenge our business partners when needed;
Write functional specifications;
Participate to costing estimations (time, budget);
Elaborate tests scenarios (new features validation + regression testing scenarios);
Connect the different actors involved in the project : development team in Bucharest, related applications teams (Paris, Bucharest), transversal project managers, business product owners;
Validation and homologation of the developments including chain tests with related applications;
Regular reporting to clients;
Follow the developments and raise alerts if needed;
Integrate user feedbacks during and after UAT;
Write functional release notes;
Follow post production support.
A little about You :
Fluent in English (written + spoken), a good level in French is a significant advantage;
Knowledge on Investment banking & capital markets on equity derivatives is a significant advantage;
Good ability to understand & explain business process to developers;
Proactive & rigorous mindset;
Experience in writing functional specifications, defining the testing strategy and performing quality functional testing;
Strong in Analytical skills and should be able to relate information and guide the team effectively;
Strong ability to resolve problems and present solutions within a tight deadline;
Good communicator within and across team, an effective team member : written and verbal communication skills, including facilitation, presentation and production of documentation appropriate to an audience;
Experience in Agile methodology is an advantage.