Equity Derivatives Market Risk & Product Control

Permanent contract|New York|Risks

Equity Derivatives Market Risk & Product Control

New York, United States Permanent contract Risks

Responsibilities

Provide support to the traders to understand and manage their positions and risks through various reports and analysis;

  • Working closely with the trading teams to develop a deep knowledge of their business, clients and strategies;
  • Provide a deep analysis of trading desk positions and risk exposures;
  • Explain P&L by its attributes tying back to risk sensitivities
  • Continuous enhancement of P&L/Risk processes and systems using Python

Oversight and escalation for resolution of complex issues regarding PnL and market risk metrics of the EQD desks;

  • Provide expertise on certification of Greeks, P&L and sensitivities to different risk factors (Delta, Gamma, Vega, Repo, Forex etc.);
  • Monitoring and certification of Stress-Tests and Regulatory metrics such as Value-at-Risk and Expected Shortfall;
  • Monitoring of risk limit consumptions and follow-up of breaches with Front-Office and Risk management;
  • Provide explanation about the different metric highlights to trading and senior management;

Contribute to regulatory projects and their implementation at the bank

  • Provide analysis and sign off of valuation and risk metrics for new products or major projects such as IBOR transition and FRTB
  • Work with other departments and Paris headoffice on transversal and regulatory projects

Profile required

Technical Skills

  • Understanding valuation components of Equity Derivatives
  • Knowledge of Greeks(Delta, Gamma, Vega, Repo, Forex)
  • Strong analytical and mathematical skills
  • Proficiency in Python programming a plus, for the purposes of data manipulation, automation and/or debugging

Work Experience

  • Prior work experience in financial services with good knowledge of Equity Derivatives risk and PnL metrics

Education

  • Masters degree in Finance or applicable experience

Soft Skills

  • Strong interpersonal skills
  • Handle various ad-hoc requests
  • Prone to take initiatives
  • Reactive, detail-oriented, driven to work in fast learning environment
  • Verbal and written communication skills
  • Ability to prioritize and work in a dynamic, deadline-focused environment
  • Self-motivated and proactive
  • Willingness and desire to learn

Business insight

The mission of the RISQ Division in the Americas is to create value by actively contributing to SG Americas and SG Group’s goal of achieving sustainable and predictable growth. To do so, RISQ provides constructive effective challenge to the business lines, leveraging its expertise, cutting edge risk management techniques as well as RISQ’s ability to deliver effective solutions and synergies.

The Risk division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively capital markets oriented.

Within RISQ, the Metrics Monitoring Group(MMG) major missions are to meet the regulatory challenges of tomorrow, to support the development of the business lines and to enable the Group to meet its ambitions in terms of client satisfaction and efficiency.

The risk professional sought for this position will work actively on key market risk and counterparty credit risk initiatives within the region. The Counterparty and Market Exposures analysis team works in coordination with other risk departments (asset class specialists, market and counterparty risk officers, enterprise risk teams) to ensure the risk management program is of the right standards and evolves in accordance with best practices.

The Equity Derivatives Group(EQD) is responsible for covering all Equity Derivatives trading desks, including indexation, structured financing, hybrid and volatility products.

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: 220001CR
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2022/02/21
Publication date: 2022/01/14
Share