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Junior Product Specialist

Corporate & Investment banking
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Permanent contract
New York, New York, United States
Hybrid
Salary from 106,000 to 200,000

Reference 2500064T
Start date Immediately
Publication date 2025/07/10

Responsibilities

The Product Development team is mandated and accountable to ensure the Global Prime Services Platform remains competitive, relevant, and innovative in an ever-evolving business landscape.  The team is a central resource for coordination with support divisions (Compliance, Risk, I.T., Legal, Operations) and act as direct liaison to clients, exchanges, and third-party technology providers - keeping a pulse on industry landscape and an escalation point for issue resolution.

A global team of experienced professionals with deep technical and operational knowledge for Prime Brokerage Products, each team member is expected to hold specialized expertise in one or more products whilst remaining a generalist product resource to assist Sales and management.

These include but not limited to:

  • Leadership.  Directly manage members of the Product Development team assigning roles and responsibilities to increase productivity.
  • Drive new product design through though leadership and vision definition.
  • Hold key client relationships to protect and increase NBI generation.
  • Upward Management.  Represent the Prime Services division to senior management through regular Product and Business Updates.
  • Assist team members with their Project and Product management takes to ensure delivery of new Prime Services projects ensuring the platform remains competitive.
  • Provide day to day product coverage and support to sales teams to drive NBI growth.
  • Manage budgets and headcounts assigned to large Enterprise initiatives.
  • Attend Client Sales Pitches
  • Engage and maintain relationships with senior support functions to ensure a high level of customer service
  • Document procedures and business requirements as required
  • Provide training to sales and support staff on new and existing products
  • Evolving the platform to deliver client specific requirements
  • Present our Global capabilities to regional sales staff

 

Profile required

  • Microsoft Office suite with particular focus on Excel, PowerPoint, and Visio
  • Experience with VBA and other scripting languages

Desired:

  • Microsoft Project
  • Bloomberg
  • Traiana Suite of products
  • SQL and other database querying languages

Competencies:

Team members need understanding in the following areas:

  • OTC FX, Derivative and Cash Prime brokerage including system deployment and trade flow analysis
  • Clearing, Margin and Risk processes
  • Client reporting and support
  • An understanding of Fixed Income trade flow, settlement, and Repo Financing
  • An understanding of Equity Finance, stock loan/borrow and Rehypothecation
  • An understanding of FX electronic market place, confirmation & settlement

Additional skills required:

  • Accuracy - strong attention to detail
  • Diplomacy and Assertiveness
  • Economic understanding of the products traded
  • Good communication and organization skills
  • Successful candidate must have fitness, propriety, and integrity.

Qualifications:

Experience Needed:

  • 3-5 years' experience in Capital Markets running Product Development functions
  • Direct experience in Prime Services

Desired:

  • Work experience in finance, preferably in Prime Brokerage related functions
  • High level knowledge of Fixed Income, FX, centrally cleared repo or other PB products
  • Direct experience in Prime Services

Educational Requirements:

  • Bachelor's degree or equivalent

Desired:

Masters or equivalent in a numerate discipline (Engineering / Sciences)

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:

  • Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
  • Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
  • Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

COMPENSATION:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.

Diversity and Inclusion

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
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