FX Sales Associate

Permanent contract|New York|Corporate & Investment banking

FX Sales Associate

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

Responsibilities:

•             Track desk hit/miss ratio

•             Quarterback price requests received from clients, interpret these requests correctly and transmit them to trading

•             Pre-confirm trades with clients, following executions

•             Familiarity with FX Options, Forwards, NDFs, Swaps as well as other FX instruments (FVAs, Volatility Swaps, etc.)

•             Being able to service customer accounts with day to day operations.

•             Have a full understanding of market liquidity & depth across all FX products.  Being able to

•                    Monitor client activity to analyze performance.

•             Ascertain the best method for client trade execution.

•             Being fluent in the client onboarding & documentation process.

•             Keep abreast of market news as well as keep customers informed of same (by reading Reuters, Kobra, and Bloomberg). – understanding the impact of such financial news & economic data and the impact it will have on the market.

•             Manage liquidity with our inter-bank counterparts.

•             Working with our quant developers to examine execution flow & adjust pricing to ensure maximum volume.

•             Work in coordination with our FI & Corp FX Sales teams to pitch EFX platforms to new clients.

•             Actively market FX to new clients in order to grow our total client base.

•             Monitor Sales Credits & client activities to ensure robust client service.

•             Entertain clients and other new business opportunities.

•             Market the Algorithmic trading platform & monitor the intraday activity to ensure continuity

Profile required

SKILLS AND EXPERIENCE NEEDED:

•             Basic knowledge of macro-economics, political developments, and market liquidity conditions.

•             Knowledge of foreign exchange markets and it's conventions

•             Computer skills including Word, Excel and Outlook.

•             Ability to understand economic, political and market changes and develop a marketing strategy.

•             Excellent customer service skills.

•             Must be available for entertainment with clients and/or office visit travel

•             1 Year previous experience

•             BA or equivalent

•             Fundamental economic analysis and some technical analysis capability and make decisions on that data.

•             Ability to assess client's need relative to available projects and services.

•             Understanding of sales process from sourcing prospects to closing the sale and customer follow-up

•             Foreign Language skills helpful

Why join us

REQUIRED REGISTRATIONS:

Series 7, Series 63 & Series 3.

Business insight

Environment

Within Société Générale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team.  The Global Markets platform committed to long-term client relationships through value added services and smart solutions. The business uses an advisory and innovation mindset, focused on client needs, with the world leading financial markets engineering team.  Global Markets is a leading player in derivatives, unrivaled equity derivatives expertise and #1 in listed derivatives, cross-asset and economic research.  Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

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: 21000XDL
Entity: SG Americas Securities
Starting date: 2022/01/05
Publication date: 2021/11/08
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