INTERNSHIP - Global Markets

Internship|New York|Corporate & Investment banking

INTERNSHIP - Global Markets

New York, United States Internship Corporate & Investment banking


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.

Societe Generale is a leading derivatives and derivatives player. You  will join a team at the center of this expertise: the exotic hybrid trading team. This team has the responsibility to push and trade within the Capital Market division:

  • The Hybrid  Exotic Products
  • The Societe Generale Index (SGI) range

An Hybrid product is a derivative involving underlyings from more than one asset class. It can involve equity, interest rate, credit, foreign exchange, commodities and inflation

Similarly the SGI range encompasses all the different assets and the indexes are either structured as cross-asset allocations or single-asset strategies. All SGI indices are structured with the aim of providing an adequate tradeoff between liquidity and performance. The SGI range of indices targets the growing market demand for absolute and uncorrelated return engines, quantitative strategies, and niches of growth such as alternative energy, water or sustainable investments 

As an Intern you will help traders in two main ways. You will split your time evenly between production tasks and IT development:

You will assist the team in day to day duties, such as :

-        -Booking secondary trades

-         -Monitoring and boking of internal hedge

-          -Manage index life cycle events

-          -Check index pricing

-          -Control booking and hedging

You will work to further the process automation on Proprietary Index trading:

-         - Maintain and enhanced existing VBA tools

-         - Take part in the building of a new platform to manage SGI index in VBA SQL & Python

-         - Development of new process to manage new trades

Profile required

The best candidate must have a past experience in application development in a financial market environment.

The environment include code in Python, SQL and VBA, plus diverse internals or externals APIs (Blooomberg)

 The role require to work closely with valuation team, middle office and commando team

You will learn how systematic index are traded, you will evolve in a cross asset team. This role allow the candidate to understand hedging process and complex product design.

[x] Comply with all Risk and regulatory obligations where relevant

[  ] Responsibility to act within agreed risk limit (credit/market, etc...)

[x] Responsibility for ensuring that you are fully aware of and adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility

[x] Responsibility for reading, understanding and complying with the Company's Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates 

Graduate with a Master degree from an Engineering or Finance School in Financial Mathematics, Computer Sciences, Statistics or Probabilities.

You have outstanding programming skills and will like to lead programming projects

You are fluent in English

Business insight

All Staff are covered by SG Group Leadership Model

Team spirit – The employee encourages collective success

Innovation – The employee will create conditions that encourage innovation

Responsibility – The employee acts with integrity and in an ethical manner

Commitment – The employee is committed to the role and inspires others

Client orientation – The employee actively improves his/ her relationship with clients

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.

Reference: 21000OWL
Entity: SG Americas Securities
Starting date: immediate
Publication date: 2021/09/03