Description of the Business Line or Department
Prime Services is the clearing, financing and execution offering of Societe Generale, which services clients across multiple asset
classes and products including listed derivatives, fixed income, equities, swaps, FX and OTC.
Prime Services Risk is the first line of defence for all business units including assets financing, execution and prime brokerage
clearing. The team is responsible to follow the counterparty risk that Prime Services activities generate and ensure that these risks
are well controlled and reported internally to other risk functions and management. The risk is managed on pre-trade level,
real-time and end-of-day basis for all clients and across metrics utilised the main ones include VaR, greeks and stress tests.
The team also is responsible to maintain and assist clients with understanding the margin methodologies that are utilised as well
as develop new ones. The team has responsibility to ensure that the model utilised to calculate risk for all clients under
the business line is operating accurately and improve it as required based on new products or asset classes.
Summary of the key purposes of the role
Assisting analysts on basic portfolio analysis and running simulations for new prospective clients
Helping the team with ad-hoc analysis, risk reporting, risk projects and other admin tasks
Maintenance and testing of the intraday risk monitoring platform
Assist the team with automating existing processes or establishing new processes through the available tools under the guidance of senior members
Maintain and improve the existing reporting and processes as well as suggest potential improvements
Assist with Python implementation and automation under the guidance of senior members of the team
Perform various tasks and checks regarding data quality of the risk inputs into the model
Design new reporting dashboards under the guidance of senior members of the team
Assist with back testing of various methodologies utilized by the team and perform pricing benchmark monitoring under the guidance of senior members.
Summary of responsibilities
Responsibility for ensuring that you are fully aware of and adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility. It is your responsibility to ensure compliance with operational risk requirements (e.g. Golden rules, security policies and regulatory requirements).
Responsibility for managing, controlling, preparing and escalating risk within the scope of your position.
Responsibility for reading, understanding and complying with the Company’s Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.
Act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.
Observe proper standards of market conduct. Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business.
Level of Autonomy and Authority
Responsibility for managing, controlling, preparing and escalating risk within the scope of the position.
Observe proper standards of market conduct. Responsibility to ensure that steps are taken to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to the business.
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.