Description of the Business Line or Department
The Global Markets functions is a trusted partner to external clients (Corporates, Financial institutions and Asset Managers) in market activities, offering a cross-expertise in Research, Investment and Risk Solutions, Execution and Prime Services.
FIXED INCOME & CURRENCIES
A SOLUTIONS & DERIVATIVES HOUSE
The Fixed Income department at Societe Generale aim at providing a full set of services to Institutional and Corporate clients that will support their investment or risk management targets.
Thanks to market-leading research, engineering, trading and e-commerce capabilities, our clients benefit from strategic insights, flow information, competitive pricing and seamless execution across rates, credit, FX, and emerging markets.
We design solutions for our clients, capitalising on the full spectrum of fixed income and currencies products and services.
LINKING BORROWERS TO INVESTORS FROM ORIGINATION TO DISTRIBUTION
We service our clients on the full credit spectrum from Investment Grade to High Yield and X-Over and on cash as well as indices, options and singe name CDS.
GLOBAL FX & EMERGING MARKETS EUROPEAN MARKET LEADER WITH EMERGING MARKET FOCUS
Our clients can tap our capacity to execute large FX deals. We also offer a global coverage on all major currencies, and the local access of our global emerging markets platform spanning CEE, Asia, Africa and Brazil.
ACCESS TO CASH AND DERIVATIVES
Through packaged trade ideas or flawless execution, we offer our clients the best of our trading and structuring expertise. Our capabilities span from derivatives to government, agency & supranational securities to covered bonds, inflation-linked products and ETFs.
Summary of the key purposes of the role
Emerging Market making focusing on African currencies.
Managing treasury positions in African currencies
Maintain and develop our strong footprint in EM Africa.
Providing liquidity to external clients, SG branches, and internal clients.
Close working relationship with sales, and developing better client contacts, including trade idea generation, and regular client visits with sales & strategy.
Products include FX spot, fwd, fxswaps, NDF and Cross currency swaps, local currency government bonds
Building cooperation and relationships with local SG entities throughout the region
Summary of responsibilities
Client Coverage Responsibilities (Internal and External Clients including market participants)
§ Develop our profile and reputation among clients as a reliable market maker
§ Develop long term relationships with clients based on trust and professionalism
§ Build, foster and cultivate client relationships in line with regulatory requirements
§ Develop the client franchise by having strong interaction with the sales and engineer teams as required. Work in partnership with sales team to communicate market flows, trade ideas and any relevant trading information to support revenue generation.
§ Provide reliable backup and support as required for other traders within the team
§ Maintain and develop strong interactions for both internal stakeholders (e.g. Sales, GLFI, Syndicate, research, compliance, middle/back office, IT, Eng and Risq etc.) and our customers.
Product Scope Responsibilities
§ Pricing and execution of relevant product transaction on behalf of SG Clients. Making sure that all procedural guidelines e.g. Mifid, risk controls and product governance are observed.
§ Take order and execute on behalf of clients in accordance with SG Trading handbook and/or Sales Handbook, risk and credit limits, SG compliance policies and regulatory guidelines.
§ Manage his/her book and hedge risk appropriately
§ Implement team business plan to develop SG business as directed
§ Support the development of IT tools and systems to enhance SG’s trading efficiency (e.g. automation, pricing engines, development of analytical toold and new hedging as applicable)
Knowledge Management Responsibilities
§ Maintain understanding of financial markets, competitors and clients to develop own trading position.
§ Maintain up to date intelligence on market initiatives and products in the trading environment
Risk Management Responsibilities
§ To further improve SG market share and reputation through professionalism, discipline and attention to risks e.g. compliance, market, credit, legal, reputation.
§ Using SG trading tools managing/ Monitoring the profit and loss of SG’s account. Ensuring respect to revelant trading limits and risk management.
§ Ensure full adherence to the SG Sales and Trading responsibilities including Sales and/or Trading handbook and regular training as applicable to the regulatory requirements. Ensuring compliance with all trading recording procedure and counterparty trades are within operating credit limits.
Level of autonomy and authority
As defined in the Trading Mandate relevant for your role. Trading mandates must be annually reviewed and signed.
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, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.