QIS Trader (Commodities)
Responsibilities
QIS Trader (Commodities) (SG Americas Securities, LLC, New York, NY)
Manage the day-to-day activities related to the index composition and index valuation to ensure proper hedge is generated and significant events are captured; Collaborate with Index providers and Engineering teams to review index rules, improve the systematic strategies and validate the new indices; Participate in the daily management of the trading book though the monitoring of risks, pricing, and trading to hedge the client orders; Design and implement SG custom indices based on systematic back test to fit client needs and market constraints in collaboration with Sales and Quantitative teams; Leverage on knowledge of the commodity futures and Quantitative Investment Strategies (QIS) environment to propose new trading strategies improving the management of the trading book; Promote the Bank's offers with clients as well as with the sales teams; Oversee market watch and reverse engineering of existing offerings; Collaborate with Sales to promote the desk offering through client visits; and Improve the operational setup with a focus on efficiency and reduction of operational risk. Requires up to 5% domestic travel to client events. Partial telecommuting permitted; on-site at 245 Park Ave., New York, NY 10167 when not telecommuting. Salary: $126,000 - $275,000 per year
Profile required
MINIMUM REQUIREMENTS: Bachelor’s or U.S. equivalent in Economics, Finance, Mathematics, or related field, plus 5 years of professional experience as a Quantitative Analyst, Trader Analyst or any occupation, job title, position working with derivative products and multi-asset solutions. Must also have the following special skills: 5 years of professional experience with index design, composition, and valuation including direct collaboration with index providers and internal engineering or quantitative research teams with a focus on commodities; 5 years of professional experience trading books including real-time risk monitoring, pricing, and executing hedges aligned with client orders and market movements; 5 years of professional experience utilizing systematic strategy back-testing and modeling using programming tools including Python and R); 5 years of professional experience interacting with institutional clients and sales teams including presenting trade ideas, promoting desk offerings, and participating in client visits including multi country interactions; and 5 years of professional experience working with commodity market risks, commodity-linked interest rate risks, QIS new trade pricing, and executing hedging strategies.
LINK TO EMPLOYEE REFERRAL PROGRAM: Incentives offered through the firm's Employee Referral Program are applicable to this position. For more information, please visit our "Employee Referral Program" link in the Human Resources section of our intranet under the Talent Management tab at: http://entrenet.us.world.socgen/support_groups/human_resources/talent_management/employee_referral_program.html
Business insight
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Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/
COMPENSATION:
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. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.