Market Risk Officer– Equity Derivatives

Permanent contract|New York|Risks

Market Risk Officer– Equity Derivatives

New York, United States Permanent contract Risks

Responsibilities

Provide support to the traders to understand and manage their positions and risks through various reports and analysis;

  • Creation of daily and weekly dashboards in order to better monitor the trading activity;
  • Working closely with the trading teams to develop a deep knowledge of their business, clients and strategies;
  • Work efficiently with the different teams to answer the business needs and improve the desk processes
  • Continuous enhancement of P&L/Risk processes and systems using programming (VBA, Python, javascript, …) for macros and IT teams for the global industrialized tools;

Act as escalation point to solve complex issues regarding PnL and market risk metrics of the EQD desks;

  • Provide expertise on production and certification of Greeks and sensitivities to different risk factors (Delta, Gamma, Vega, Basis, Forex etc.);
  • Monitoring and certification of Stress-Tests and Regulatory metrics such as Value-at-Risk;
  • Monitoring of risk limit consumptions and follow-up of breaches with Front-Office and Risk management;
  • Provide expertise on the Profit & Loss and Income Attribution methodologies and certification process of the trading desks;
  • Publish commentary about the different metric highlights to senior management;

Be fully part of the regulatory projects and their implementation in the bank

  • Liaison with other departments and Paris headoffice to work on transversal and regulatory projects;
  • Most important risk topics like FRTB, IBOR transition, will be supervised and analyzed for trading, risk managers, and top management teams.

Profile required

Technical Skills:

  • Knowledge of volatility instruments
  • Strong analytical and mathematical skills
  • Proficient Python programming

Education:

  • Experience in a financial industry company with good knowledge of Fixed income risk and P&L metrics.

Experience:

  • Experience in a financial industry company with good knowledge of Fixed income risk and P&L metrics.

Competencies:

  • Strong interpersonal skills
  • Handle various ad-hoc requests
  • Prone to take initiatives Reactive, detail-oriented, driven to work in fast learning environment
  • Solid verbal and written communication skills
  • Ability to prioritize and work in a dynamic, deadline-focused environment
  • Self-motivated and proactive
  • Willingness & a strong desire to learn

Business insight

Societe Generale's Metrics Monitoring Group(MMG) provides financial analysis, reporting and certification to different partners and stakeholders: Finance, Front-Office and Risk Management divisions. Joining MMG is the opportunity to acquire and develop strong technical knowledge of various products traded by the equity derivatives team, develop your expertise on PnL analysis, income attribution and risk metrics including Value at Risk and Stress Test.

The position is an integral part of the Metrics Monitoring Group dedicated to the Equity Derivatives business line of Global Markets at Societe Generale Americas offices in New York City.

The role will offer extensive partnership with all the essential teams who manage these transactions for the bank (including traders, risk managers, developers, Middle Office….) and exposure to a broad range of functional team.

It will allow you to build a broad & deep understanding of the value chain.

The position is located directly on the trading floor within the equity derivatives business lines.

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: 21000GZX
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2021/07/26
Publication date: 2021/05/26
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