Dollar Rates Trader

Permanent contract|New York|Corporate & Investment banking

Dollar Rates Trader

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

  • Market Maker in US Medium Term Swaps
  • Add value to the SG rates franchise by growing our market share with key clients
  • Evaluate and analyze market conditions, economic data and financial information to identify and define market trends/trading opportunities
  • Provide insightful commentary and market color to internal salesforce and directly to clients
  • Manage risk in disciplined and value-additive manner within all SG approved limits
  • Work closely with Algorithmic trading group to ensure consistent pricing and solid hit ratios for key clients

Profile required

Competencies and Experience

Technical Skills:

  • Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams
  • High-achiever driven to exceed expectations, with the highest personal standards in regards to integrity and confidentiality
  • Demonstrated ability to build relationships within a large organization and willingness to be team player
  • Must be quick in analyzing the client needs, risk for the bank and available liquidity to extract value from client flows
  • Good communication skills with sales and other trading desks to be able identify revenue-generating opportunities
  • Good communication with internal traders in NY and in other offices to maximize team productivity

Competencies:

  • Strong analytical skills and good understanding of mathematics and yield curve models
  • Solid market knowledge of USD rates and macroeconomics
  • Strong technical skill, comfort with coding, and proven ability to translate trading concepts into IT-friendly language to help facilitate projects

Experience Needed:

  • 5-7 years of experience trading in a global bank

Educational Requirements:

  • Bachelor's degree in Financial Engineering, Finance, Economics, Physics, a related field or the equivalent thereof. 

Employee Specific Job Responsibilities:

  • Price and manage USD Swaps desk flows in disciplined manner using cash bonds, futures and swaps to hedge
  • Liaise and communicate with sales teams to produce and present trade ideas
  • Compete effectively on all e-trading platforms to maintain hit ratios and market share
  • Work with algorithmic trading team and IT to enhance our e-trading footprint and capabilities
  • Provide timely commentary/analysis on events affecting the rates market
  • Collaborate with quantitative developers to develop trading tools and systems to help SG become more efficient in pricing and managing risk
  • Communicate with clients on a regular basis to create trusted relationships and increased market share

Why join us

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.

Business insight

Division Description:

Within Société Générale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution, 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 Global Markets platform committed to long-term client relationships through value added services and smart solutions. The business uses an advisory and innovation mindset, focused on client needs, with the world leading financial markets engineering team.  Global Markets is a leading player in derivatives, unrivaled equity derivatives expertise and #1 in listed derivatives, cross-asset and economic research.  Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000TJQ
Entity: SG Americas Securities
Starting date: 2021/11/29
Publication date: 2021/09/30
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