Junior Trader - Associate

Permanent contract|New York|Corporate & Investment banking

Junior Trader - Associate

  • New York, United States
  • Permanent contract
  • Corporate & Investment banking

Responsibilities

As a Trader you will be charged with the following:

  • Contribute to the development of the Secured Financing Services
    • Client interaction on market intelligence and opportunities
    • Continue to improve our synthetic platform
    • Automate execution workflows
    • Automate of inventory optimization
    • Provide competitive HTB inventory


  • Manage and monitor trading book:
    • Daily monitoring and management of positions including (but not limited to) swaps/delta/ forex
    • Cooperation with sales on existing positions and continued build out of the platform.
    • Monitoring of (client) profitability
    • Monitoring of Risk analysis
    • Management of regulatory ratios (scarce resources): LCR / NSFR (liquidity ratios based on futures cash flows)


  • Automate and enhance book management/ (risk) reporting
    • Improve the tools used to price and analyze client transactions
    • Provide detailed explanations of the sources of revenues per clients
    • Improve Front Office to Back Office processes with an attention keeping operational losses at a minimum
       

Profile required

DIVISION DESCRIPTION: 
Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, 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 business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research.  Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

Profile Required:

  • Finance and Mathematical advanced knowledge: derivatives pricing, interest rates and risk management
  • Being able to analyze and synthesize the risks of a transaction from a quantitative stand-point.
  • Quick learner
  • Team player
  • Willingness to take on new project
  • Degree from an Engineering school / Sciences university / business school
  • Programming skills (Python, VBA, SQL) (a plus)

Business insight

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 & SALARY RANGE:

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.

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.

Reference: 24000B1J
Entity: SG Americas Securities
Starting date: 2024/06/03
Publication date: 2024/04/26
Salary or Compensation Range: $109,000 - $200,000
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