MMG UK XRP Trainee

Fixed term contract|London|Risks

MMG UK XRP Trainee

London, United Kingdom Fixed term contract Risks

Responsibilities

Description of the Business Line or Department

Metric Monitoring Group (MMG) Department role are to strengthen their expertise in the analysis of results and risks and increase their proximity with trading activities. MMGs major stakes is to meet the regulatory challenges, accompany the development of the business lines. Ultimately, MMG task is to ensure that MARK, RISQ and DFIN are able to carry out their respective roles within a carefully-controlled risk and cost management structure.

Business Line : Prime Services & Clearing business across the following asset classes : equities, FX, fixed income, commodities, and listed derivatives.


Summary of the key purposes of the role

 Follow and comment EQD PSC PnL and Risk.

 Perform daily controls (validation, KPI…) .

 Handle specific requests from management

 Work on projects for the different desks (organisation changes and requirements, migration and change of tools and reporting analysis)


Summary of responsibilities 

 Production of Daily P&L, Comment Business Line PnL and risk 

 Maintain, and where appropriate, develop an independent daily P&L verification process which incorporates validation of trading results,

 Daily monitoring of all exposure impacting the business as a result of the trading activity, and working with key business areas, risk and operations to ensure exposure and risk is appropriately monitored and managed,

 Ensure documentation of all procedures relating to daily reporting and control processes are up-to-date,

 Respond to ad hoc requests from management / trading desks

 Build Knowledge around the Prime Brokerage, Clearing Collateral Management and Repo business to respond to queries and work on improving existing processes

 Able to built a macro in a short period of time

 Comply with fighting back controls

 Report on a timely basis and escalate issues to management at the appropriate time


Level of Autonomy and Authority

 A high degree of autonomy as the individual would be expected to operate with minimal supervision, report on a timely basis and escalate issues to management at the appropriate time.

 Indirect management and necessity to liaise with numerous teams within the bank inclusive of other Product controller’s teams in across the globe.

 Need to be autonomous and able to report alert to MMG UK management.

Profile required

Competencies

 Strong background in Economics and Finance (knowledge of plain vanilla products is a minimum)

 Knowledge of market risks would be a plus

 Strong knowledge on coding : VBA, Python, SQL 

 Analytical Skills - understand underlying problematic issues and provide suggestions

 Communication Skills – ability to communicate with the trading and other teams

 Flexibility /Adaptability - ability to develop macro and handle special request in short period

 Ability to take initiative

 Ability to Work Under Pressure – ability to handle very high business requirements

 Teamwork - Able to integrate a multi-cultural team

 Curiosity - Ability to take initiative and propose solutions

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.

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: 20000RY9
Entity: SG CIB
Starting date: 2021/02/15
Publication date: 2020/12/21
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