Exciting Job Opportunity at Societe Generale for Regulatory Reporting – Analyst/ Analyst-Accounts Payable Roles. Any Graduate, BCOM ,MBA candidates can apply for these.
Table of Contents
The complete details of this jobs are as follows :
- Company – Societe Generale
- Role – Regulatory Reporting – Analyst/ Analyst-Accounts Payable
- Qualification – Any Graduate, BCOM ,MBA
- Experience – 0-3 years
- Location – Chennai/ Bangalore
- Salary – 3 LPA – 5 LPA
ABOUT COMPANY
Societe Generale is a French multinational banking and financial services company. Founded in 1864, it is one of the largest banks in Europe and has a significant international presence. Here are some key details about Societe Generale:
Banking Services: Societe Generale offers a wide range of banking services to individuals, businesses, and institutional clients. These services include retail banking, corporate and investment banking, private banking, and asset management.
Global Operations: The bank operates in more than 60 countries worldwide, with a strong presence in Europe, Africa, and Asia. It has a network of branches, subsidiaries, and representative offices to serve its customers globally.
Financial Products and Services: Societe Generale provides various financial products and services such as loans, mortgages, savings accounts, insurance, payment solutions, investment banking, capital markets, derivatives trading, and wealth management.
Diversified Business Segments: The bank operates through several business segments, including French Retail Banking, International Retail Banking and Financial Services, Global Banking and Investor Solutions, and Corporate and Investment Banking. This diversification helps balance its revenue streams.
Innovation and Digital Transformation: Societe Generale has been actively embracing digital transformation and investing in technology-driven solutions. It aims to enhance customer experience, streamline operations, and develop innovative financial products and services.
Sustainability and Social Responsibility: The bank has committed to sustainable development and corporate social responsibility. It focuses on environmental and social initiatives, promotes responsible investment practices, and supports various philanthropic activities.
Regulatory Oversight: Societe Generale, like other banks, operates under regulatory oversight to ensure compliance with banking regulations, risk management, and financial stability.
Notable Incidents: Societe Generale faced a significant incident in 2008 when it discovered massive unauthorized trading losses by a trader, resulting in billions of euros in losses. The incident highlighted the importance of risk management and internal controls in the banking sector.
Overall, Societe Generale is a prominent European bank with a global footprint, offering a wide range of banking and financial services to individuals, businesses, and institutional clients.
What You Will Be Doing As An Regulatory Reporting – Analyst
- Regulatory Compliance: Monitor and stay updated on relevant financial regulations, guidelines, and reporting requirements imposed by regulatory bodies such as the central bank, securities regulators, and financial authorities.
- Reporting Processes: Prepare and submit accurate and timely regulatory reports, such as financial statements, capital adequacy reports, liquidity reports, and other regulatory filings. This involves extracting and analyzing data from various internal systems and collaborating with different stakeholders to ensure the accuracy and completeness of the reports.
- Data Management: Maintain and manage data repositories and systems used for regulatory reporting purposes. This includes data validation, reconciliation, and ensuring data integrity and quality.
- Process Improvement: Identify opportunities for process improvements, automation, and efficiency enhancements in the regulatory reporting function. Collaborate with IT teams to implement technological solutions that streamline reporting processes and reduce manual work.
- Risk Management: Assess the impact of regulatory changes on reporting requirements and proactively identify and mitigate potential risks associated with non-compliance or reporting errors. Participate in internal audits and regulatory inspections, providing necessary documentation and information as required.
- Regulatory Projects: Contribute to regulatory projects and initiatives, such as the implementation of new reporting regulations or the enhancement of existing reporting frameworks. This may involve collaborating with cross-functional teams, including IT, legal, compliance, and operations.
- Stakeholder Management: Interact with internal stakeholders, including finance teams, risk management teams, compliance officers, and senior management, to provide updates on regulatory reporting matters, resolve queries, and address any reporting-related issues.
- Industry Knowledge: Stay abreast of industry best practices and emerging trends in regulatory reporting, attending training sessions, seminars, and conferences to maintain expertise in this field.
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What You Will Be Doing As An Analyst-Accounts Payable
- Proficient in reading, writing, speaking and document translation of Japanese language.
- Responsible for processing Vendor invoices
- Responsible for creation and maintenance of Vendors set up’s in ERP – People Soft
- Responsible for processing Inter Office (AR) invoices
- Handle customer queries (emails & calls)
- Gathers relevant information required for processing Vendor Invoices from requestors/department SPOCS
- Responsible for clearing Incomplete/Exception invoices or Responsible for gathering information and backup’s required for expense approval.
- Adherence of the process transactions as per the agreed SOP guidance and regular updation of SOP’s.
- Perform month-end activities/checks and ensure smooth closing.
- Responsible for allocation of invoices/ requests to team and manage location/vendor escalation/s
- Act as a Subject Matter Expert and assist team members with process queries
- Perform daily/monthly/quarterly defined controls, Participate and provide data input for Monthly Governance meetings
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HOW TO APPLY FOR Societe Generale 2023 ?
To apply for the Societe Generale 2023 Off Campus Drive – interested candidates must follow the procedure outlined below:
- Click on the “Apply here” button provided below. You will be redirected to Societe Generale company official career page.
- Click on “Apply Online”.
- If you have not registered before, create an account.
- After registration, login and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Provide accurate information in your application.
- Verify that all the details entered are correct.
- Submit the application process after verification.
INTERESTED CANDIDATES CAN APPLY THROUGH THE BELOW LINK
Regulatory Reporting – Analyst Role – Chennai
Analyst-Accounts Payable Role – Bangalore
Societe Generale – Frequently Asked Question ?
What is the Societe Generale selection process?
The selection process will be based on a Written test followed by Technical and HR interviews.
What is the average salary for the post?
The average salary is 3 LPA – 5 LPA for the this role.
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DISCLAIMER:
The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.
