Front Office Risk Officer

 New York, United States       Permanent contract        Corporate and Investment Banking

Responsibilities

Monitor market and counterpart risk for the front office, and ensure traders give timely and proper justifications on all breaches in Colibris. Analyze and understand new transactions in order to explain them to senior management (CRO, Head of Trading, Head of Global Market) and seek approval. Liaise between senior management and group operations to prepare materials to be presented to the Societe Generale U.S. Risk Committees (RiskCo) on all MARK-related subjects (including risk limits reviews, new business and product proposals, and thematic risk reviews) and follow-up on the implementation of the committee’s decisions. Identify and engage all the relevant stakeholders. Collect all necessary information and conduct comprehensive analysis in order to challenge and assess the accuracy and importance of data for business cases to be prepared. Draft memoranda to be submitted to the RiskCo conveying all relevant information and key messages in a clear, concise and well-structured manner, which will be used as an essential tool for decision making. Follow-up with the relevant stakeholders on the RiskCo’s decisions and underlying actions. Use strong communication skills (verbal and written) to conduct the continuous monitoring of business needs and priorities through regular discussions with the business lines and follow-up with relevant business committees, proactively proposing submissions to the RiskCo. Help front office ensure a smooth deal validation process and navigate around MARK management, RISQ, and other stakeholders. Track all the deals which require validation in a pipeline file for MARK. Develop, implement and optimize the deal flow pipeline by creating a strategic validation workflow tool. Act as a backup on counterparty risk monitoring, and more specifically on Early Warning Indicators and Watch List production. Help the team by performing the review of a Central Clearing Counterparty (CCP) (including reviewing the rulebook, drafting memoranda, and interacting with RISQ, Risks on Market Activities (RMA), and Hedge Fund, Prime and CCP (HPC)). Produce other reports for which the team is responsible (including trading dashboard, daily market report, regulatory report, and weekly Profit and Loss (PnL)). Follow-up the scarce resources utilization and associated costs at the business line and desk level. Perform business profitability analysis to support adequate allocation of scarce resources (including RWA (Risk Weighted Assets), LR (Leverage Ratio), NSFR (Net Stable Funding Ratio), LCR (Liquidity Coverage Ratio) and SLG (Stressed Liquidity Gap)) between the various business lines and desks. 


Profile Required

MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Economics, Finance, Applied Mathematics, Financial Mathematics, or a related field, plus 5 years of professional experience analyzing and monitoring market risk in the financial services industry within capital markets (including planning, analyzing, designing, developing, implementing, testing, and maintaining risk measures and monitoring frameworks) to manage projects and execute business initiatives. Must also have the following: 4 years of professional experience using Microsoft Office applications (including Word, Excel, and Power Point); 3 years of professional experience performing complex data analysis (including mathematical and quantitative analysis of big data related to risk deformation of trading portfolios); 3 years of professional experience interacting with trading, RISQ research, and market operators; 2 years of professional experience analyzing market risk (including equity and Fixed Income); 2 years of professional experience performing risk analysis; 2 years of professional experience using Bloomberg data service to provide real-time financial data and facilitate financial transactions; 2 years of professional experience analyzing and communicating market risk in capital markets, credit or fixed income; 2 years of professional experience in producing and reading reports regarding positions, risk, and risk/rewards; 1 year of professional experience reviewing and analyzing data and risk models, risk parameters, and prioritizing between pricing factors; 1 year of professional experience researching and analyzing financial impact of decisions; 1 year of professional experience using VBA and Bloomberg tools to process information and data to produce reports.

CONTACT: Please send resume to: Human Resources or SG Recruitment Team, SG Americas Securities, LLC, 245 Park Avenue, New York, NY 10167, at us-humn-recruitment@sgcib.com. Must specify Ad Code CDJA in the subject line. EOE. MFDV.

LINK TO EMPLOYEE REFERRAL PROGRAM:

Incentives offered through the firm's Employee Referral Program are applicable to this position.  For more information please visit our "Employee Referral Program" link in the Human Resources section of our intranet under the Talent Management tab at: http://entrenet.us.world.socgen/support_groups/human_resources/talent_management/employee_referral_program.html. 


Business Insight

SG Americas Securities, LLC, New York, NY 

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.

Job code: 20000MPF
Business unit: SG CIB
Starting date: 02/11/2020
Date of publication: 14/10/2020
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Front Office Risk Officer

Permanent contract   |   New York   |   Corporate and Investment Banking