FX Pricer-VIE-London

 London, United Kingdom       International Volunteer Program        Corporate and Investment Banking

Responsibilities

The FX financial engineer will focus on:

• Structuring solutions:
- Design, price, propose and execute FX structures and payoffs to embed into global hedging solutions or investment products for final clients
- Integration of all accounting, tax and legal constraints in liaise with internal specialists

• Product innovation:
- Extend and promote FX product offer by creating new payoffs
- Organise meetings with sales and trading for trade ideas, organize new development request and order their level of priority, in collaboration with sales, trading and quants
- Perform price simulation including back-testing or forward-testing of products and strategies

• Trade idea generation
- Market intelligence : geographic activity monitoring of product popularity
- Spontaneously identify, analyze and pursue FX options related business opportunities
- Client intelligence, client targeting with sale force
- Leverage on economic research: collect and incorporate economic rationale into product offer

• Promotion and Sales support
- Organize regular product campaigns defined with sale force and trading, promote solutions to marketers, bankers and clients
- Collaborate to client pitches, to client seminars, to client targeting
- Redaction with marketing dedicated teams of attractive and comprehensive marketing documents with product description, benefits/risks simulations, market or economic rationale, accounting treatment
- Build generic term sheets, liaise with sale force for specific ones

• Leveraging – Replicating
- Organize and circulate deal information among sales, to foster pooling of interest, achieve greater notional for issues, extract more P&L from the same structure sold to one client
• Pricing
- Price exotic derivatives structures, compute technical margin, cross-checks with traders
• Booking
- Define optimized booking for the structures
- Streamline the front-to-back processes
• Deal execution
- Management of deal execution by coordination between sales and traders
- Monitoring with sales the margin strategy
• Deal post-execution follow-up
- Ensure documentation is accurate and exhaustive (internal documentation, term-sheet, internal tickets, legal documentation, set-up of booking and alerts, set-up of provisioning scheme, margin allocation method and enforcement)

Profile Required

The VIE assignment in a nutshell  

This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 24 months.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com.

  • Graduated from a Business School or University, with a master degree in Financial Engineering/Financial Mathematics, Statistics/Mathematics
  • You are fluent in English
  • Proficient with MS Office, VBA and C++
  • You are accustomed to evolving in an international context
  • You identify with the Group’s values: team spirit, innovation, responsibility and commitment
  • Able to work autonomously
  • Good communication skills  
  • Strong pricing skills and interest /understanding of financial markets
  • Proven analytical and interpersonal skills
  • Flexibility – Adaptability
  • Ability to Work Under Pressure


Why Join Us

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.


Business Insight

At Societe Generale, you will be joining the Global Markets division (MARK) of SG Corporate and Investment Banking.   MARK offers a cross-asset approach  along all its offerings : Research, Investment & Risk Management Solutions, Execution and Prime Services to asset managers, pension funds, companies, private banks, insurance companies, hedge funds, family offices, sovereign funds and distributors worldwide.

t Societe Generale, you will be joining the Global Markets division (MARK) of SG Corporate and Investment Banking.   MARK offers a cross-asset approach  along all its offerings : Research, Investment & Risk Management Solutions, Execution and Prime Services to asset managers, pension funds, companies, private banks, insurance companies, hedge funds, family offices, sovereign funds and distributors worldwide.

MARK/SPS is the structuring team driving engineering activities across the market activities (pricing ,trade ideas, central structuring, advisory and product marketing) across all products. Our engineering expertise is highly successful and globally recognised.

5 expertises to remain at the forefront of innovation:
- A central Advisory Group to properly UNDERSTAND Sovereign & Financial Institutions practices and concerns,
- A Pricing & Development Group within each business line and centrally managed to CREATE innovative solutions & investment strategies,
- A Flow Strategy & Solutions Group to INFLUENCE the market with efficient trade ideas generation,
- A central Cross Structuring Group to BUILD the most efficient issuance and execution framework for clients,
- A central Product Marketing team to EXPLAIN and broadcast product expertise.

Fully coordinated advisory, product and marketing deliveries: bringing just ONE MARK in front of clients.
Product continuum, flow and non-flow vanilla to flow and non-flow exotics.

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: 19000WHP
Business unit: SG CIB
Starting date: 01/03/2020
Date of publication: 16/12/2019
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FX Pricer-VIE-London

International Volunteer Program   |   London   |   Corporate and Investment Banking