Prime Brokerage Risk Analyst

Permanent contract|New York|Risks

Prime Brokerage Risk Analyst

New York, United States Permanent contract Risks

Responsibilities

P&L Certification

  • Review daily P&L, P&L attribution, P&L commentary, flash to formal differences and manual adjustments
  • Production of the daily reports with commentary and client detail
  • Prepare key weekly & monthly reports to senior management and BL heads.
  • Attend to ad hoc queries from the Business Line and other partners relating to trading revenue and balance sheet
  • Communicate with DFIN teams to understand the differences between ECO and ACC and maintain them to the lowest level
  • Perform detailed review of month end adjustments,
  • Write complete and accurate key documentations for key processes.
  • Think out of the box to constantly bring more efficiency to our own processes
  • Oversight of the team in Bangalore in charge of the Daily P&L production: review adjustments and month end entries, explain flah to formal P&L differences.

Credit Metrics Certification

  • Oversight of certification of counterparty credit metrics (CVaR and credit stress test) on market operations
  • Stand as a point of contact on all Credit Risk metrics for the Americas. Answer ad hoc requests on computation of counterparty risk metrics (e.g. and explanations, explanation of Pre Deal Check simulation results, etc.)
  • Contribute to different regulatory projects (SR 11-10, SR 11-7…) impacting the Counterparty Credit Risk to represent the department interests

Credit Limits Monitoring

  • Ensure on a daily basis the credit overshoot monitoring
  • Provide analysis of the overshoots on a timely manner
  • Initiate and contribute change management with our partners to launch new tools or new metrics monitoring
  •  Lead initiatives in the conception/realization/improvement of the Excel based tools using VBA and Python programming language
  •  Report daily KPI (key performance indicators) to management

Profile required

Technical Skills:         

  • Team members need understanding in the following areas:
  • Counterparty credit risk metrics
  • Good knowledge of financial products (Equities, Fixed Income, Commodities…)
  • Strong organizational skills
  • Strong presentation skills
  • Driven by process changes
  • Proficient in coding language such as VBA, Python

Competencies:

  • Excellent verbal communications skills with the flexibility to communicate and build relationships with internal clients (Front Office, Risk, Back Office) across different cultures
  • Curiosity, self motivation and passion   
  • Integrity and responsibility
  • High sense of teamwork: inspire and work well with others
  • Problem solving skills to get things done
  • Ability to work in a challenging fast paced environment 
  • Analytical skills

Experience Needed:

  • 1-4 years of experience in traded products with prior experience in counterparty credit risk metrics
  • Prior experience either in Business performance or Risk analysis

Educational Requirements:

  •  Bachelor/Master in Finance, Statistics, Financial mathematics or Economics would be an advantage

Business insight

Within Société Générale Corporate and Investment Banking,  MMG's (Metrics Monitoring Group) major missions are to meet the regulatory challenges of tomorrow, to support the development of the business lines and to enable the Group to meet its ambitions in terms of client satisfaction and efficiency, while measuring and monitoring the risks. Ultimately, our task is to ensure that the Front Office and Finance departments are able to carry out their respective roles within a carefully-controlled risk and cost management structure. MMG works closely with other teams within Risk Market Activities and with other departments within RISQ.

When you join MMG, you are joining a team of very diverse people who are driven by excellence and whose recognized expertise is dedicated to always better serve our clients. You will be located on the trading floor having daily interactions with Front Officers and Risk Officers with exposure to senior management in New York and Paris.

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: 21000GZO
Entity: SG Americas Securities
Starting date: 2021/07/26
Publication date: 2021/06/01
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