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

Base Salary Range: $81,000 - $105,000
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

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 understand their business, clients and strategies;
  • Provide analysis of trading desk positions and risk exposures;
  • Understand P&L and its attributes tying back to risk sensitivities

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

  • Gain 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
  • 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
  • Work with other departments and Paris head office 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

Why join us

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.

Business insight

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.

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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: 22000WX4
Entity: SG Americas Securities
Starting date: 2023/01/16
Publication date: 2022/11/21
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