Jr Financial Engineer

Permanent contract|New York|Corporate & Investment banking

Jr Financial Engineer

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

Main Responsibilities:

  • Design, architect, develop, test & deploy new back-end software applications with a focus on pricing and modeling trading systematic strategies:
      • Analyze and back test strategies using excel and python programming language
      • Analyze and produce financial models (including stochastic volatility model and Local Volatility Model) used to price Cross Asset Solutions portfolios
      • Use Python, Excel, VBA to develop quantitative tools for back testing of systematic trading strategies through various asset classes (including Equity, Commodities, Fixed Income, FX and Multi-Asset) while taking into account trading and pricing constraints (including liquidity, trading capacity and hedge related costs)
  • Develop, design and promote Equity derivatives and Hybrid derivatives products and solutions, focused on Distribution business (through broker dealer or private banks) and Financial Institutions such as Insurance companies. This involves using pricing tools such as RX Price, Vegas, RDWS, Tessa, MSD or Shiva, SG Markets
      • Develop highly complex strategies using a high level of knowledge of proprietary SG tools. RX Price, Vegas, RDWS, Tessa, MSD or Shiva, SG Markets are very complex pricing tools specifically designed to develop strategies based on options relative to Equity, or multi assets underlying. The individual must have knowledge of these proprietary pricing tools at SG to perform in the position because these tools must have been created and validated by our Quant team and Risq department as the reference for use.
      • Running daily pricings of structured products for the Insurance business and for the Distribution business.

Work with and optimize the use of massive relational and No SQL databases

Profile required

  • Promote and ensure the pre trade service directly with the sales teams but also with clients
      • In charge of the development of the automation tools to price structured products for the sales force and for the clients
      • Create pricing runs, or automation, in order to enhance our client experience and pricing efficiency. It deals with the automation of some of our actions via Vegas, Rdws, Sg Markets scripts and also via automatic get from our internal market database such as MSD, Shiva and Tessa.
  • Promote and ensure the post trade service directly with the sales teams but also with clients
      • Implement the post-trade workflow system to automate trade executions and booking processes from legal documentation generation and middle office booking notification emails to respect the mandatory trace reporting.
      • Implement different PowerBi dashboard and management system for a follow up of the sales activities
  • IT convergences: to manage the convergences with IT and within ENG.
  • Exploring new IT technologies with the potential to enhance business workflow (mainly Distribution and Insurance business)

Why join us

EDUCATION: Master’s degree or U.S. equivalent in Engineering, Mathematics, Finance, Computer Science, Business Management or a related field.

Must also have the following:

  • Any experience analyzing and producing financial models (including stochastic volatility model and Local Volatility Model).
  • Any experience analyzing ongoing financial and economic conditions to determine its impact on trading, portfolio performance and portfolio risk management. 
  • Any expertise in Python / C#, Excel, VBA to develop quantitative tools for
    • back testing of systematic trading strategies through various asset classes (including Equity, Commodities, Fixed Income, FX and Multi-Asset)
    • Designing and implementing APIs for a service-driven architecture
  • Any expertise in Data technologies (Pandas, NumPy, SciPy), web developments (HTML / Javascript / Typescript / CSS / Angular / Python Flask), Operational/Unix architecture environment, SQL/NoSQL (MongoDB) technologies
  • Able to manage servers/deploy software and monitor various applications

Business insight

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: 220000Q3
Entity: SG Americas Securities
Starting date: 2022/02/21
Publication date: 2022/01/11
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