Risk Officer – Market and Liquidity risk

Risk Officer – Market and Liquidity risk (SG Americas Securities, LLC, New York, NY) 

Produce detailed analysis on some activities in light of market events or emerging risks. Work jointly with RISQ teams to calibrate the market risk limits and improve the methodologies when required. Support the team in the production of reports, memos and slides for the management meetings attended by RSR such as the Market Risk Committee and the US Risk Committee. Contribute to Issues Management process and Proxy booking inventory. Monitor market and counterpart risk for the front office and ensure traders give timely and proper justifications on all breaches in Colibris. Analyze and understand new transactions in order to explain them to senior management (CRO, Head of Trading, Head of Global Market) and seek approval. Collect all necessary information and conduct comprehensive analysis in order to challenge and assess the accuracy and importance of data for business cases to be prepared. Draft memoranda to be submitted to the RiskCo conveying all relevant information and key messages in a clear, concise and wellstructured manner, which will be used as an essential tool for decision making. Follow-up with the relevant stakeholders on the RiskCo’s decisions and underlying actions. Use strong communication skills (verbal and written) to conduct the continuous monitoring of business needs and priorities through regular discussions with the business lines and follow-up with relevant business committees, proactively proposing submissions to the RiskCo. Help front office ensure a smooth deal validation process and navigate around MARK management, RISQ, and other stakeholders. Track all the deals which require validation in a pipeline file for MARK. Use bank pricing tools (XOne and marx) to price Cross Valuation Adjustment (XVA) fees on behalf of traders. Act as a backup on liquidity risk monitoring, and more specifically on Early Warning Indicators and potential limit increase requests. Follow-up the scarce resources utilization and associated costs at the business line and desk level. Perform business profitability analysis to support adequate allocation of scarce resources (including RWA (Risk Weighted Assets), LR (Leverage Ratio), NSFR (Net Stable Funding Ratio), LCR (Liquidity Coverage Ratio) and SLG (Stressed Liquidity Gap)) between the various business lines and desks. Telecommuting permitted up to 2 days per week. When not telecommuting, must report to SG Americas Securities, LLC, 245 Park Ave., New York, NY 10067.Salary: $157,581 - $225,000 per year.

MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Finance, Financial Engineering, or related field, plus 3 years of professional experience as a Risk Officer, Financial Engineer or any occupation/job title/position in the financial services industry within capital markets. Must also have the following special skills: 3 years of professional experience using Microsoft Office applications (including Word, Excel, and Power Point); 3 years of professional experience performing complex data analysis; 3 years of professional experience interacting with trading, Finance teams, IT and market operators; 3 years of professional experience working with financial products (including Equity derivatives, Fixed income derivatives, Asset backed securities, Mortgage-backed securities, Credit derivatives or Exotic options); 3 years of professional experience utilizing Xone, Marx and XVA platform; 3 years of professional experience using pricing tools to calculate XVA (Cross Valuation adjustments); 2 years of professional experience analyzing and communicating market risk in capital markets, credit or fixed income; 1 year of professional experience facilitating financial transactions; 1 year of professional experience analyzing market risk (including equity); 1 year of professional experience in producing and reading reports regarding positions, risk, and risk/rewards; 1 year of professional experience performing risk analysis and modelling by using programming languages (including Python or Visual Basic for applications (VBA)); 1 year of professional experience reviewing and analyzing data and risk models, risk parameters, and prioritizing between pricing factors; 1 year of professional experience researching and analyzing financial impact of decisions; and 1 year of professional experience using VBA and Bloomberg tools to process information and data to produce reports.

  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

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
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/)

DIVERSITY, INCLUSION & BELONGING (“DIB”):
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/

HYBRID WORK ENVIRONMENT:
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.

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.