Quantitative Advisor (Prime Services & Clearing)

Permanent contract|New York|Corporate & Investment banking

Quantitative Advisor (Prime Services & Clearing)

  • New York, United States
  • Permanent contract
  • Corporate & Investment banking


Quantitative Advisor (Prime Services & Clearing) (SG Americas Securities, LLC, New York, NY)

Work with Risk & Scarce Resources (RSR) and ITEC teams as well as external Risk Systems vendors to resolve set up / modeling issues impacting Prime Risk margining and risk methodologies to ensure soundness of the models including daily support; Implement quantitative models to capture specific credit risks of the counterparty while ensuring high response time and quality; Carry out reviews and analysis requiring quick turnaround; Assess appropriateness of model inputs, calibration quality and reasonability of model outputs; Work to design and implement new margining and risk methodologies within Prime in accordance with Model Risk Management (MRM) framework; Work with RSR team and Sales by providing technical analyses of complex portfolios, specifically for new onboardings or in the event of client default; Work with Product Owners and RSR analysts to support new product offerings and developing models to accurately assess and measure risks; and Work closely with LOD2 / MRM on annual reviews and resolve any recommendations for Prime margining and risk models for which RSR is the owner. Telecommuting may be permitted up to 2 days per week. When not telecommuting, must report to SG Americas Securities, LLC, 245 Park Ave., New York, NY 10167. Salary: $152,506 - $275,000 per year.

Profile required

MINIMUM REQUIREMENTS: Master’s or U.S. equivalent in Statistics, Finance, Mathematics, Financial Engineering, or related field, plus 3 years of professional experience as a Quantitative Analyst, Investment Strategist, or any occupation/position/job title involving quantitative research and analysis for financial markets. Must also have the following special skills: 3 years of professional experience performing quantitative research, model review and validation, and Valuation for financial markets; 3 years of professional experience performing statistical analysis (including probability, advanced calculus, linear algebra, statistical methods, stochastic processes, and time series analysis), financial modeling, and risk management; 3 years of professional experience programming using Excel VBA, SQL, Python, R, and C++ or C#; 3 years of professional experience performing financial derivatives pricing and modeling, utilizing trading/hedging strategies, market risk, counterparty risk and credit risk management, model risk management, VAR, and Monte Carlo simulation; 3 years of professional experience implementing financial models and analyzing parameter and static data and model issues to resolve issues and answer queries; and 1 year of professional experience working with commodities, equities and rates listed and OTC products.

LINK TO EMPLOYEE REFERRAL PROGRAM:  http://entrenet.us.world.socgen/support_groups/human_resources/talent_management/employee_referral_program.html

Business insight

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

For most positions, Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.


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.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000HDI
Entity: SG Americas Securities
Starting date: 2024/08/26
Publication date: 2024/07/10
Salary or Compensation Range: $$152,506 - $$275,000