Senior Trader (Interest Rate Exotic)

 New York, United States       Permanent contract        Corporate and Investment Banking


Direct the day-to-day activities and risk management of exotic interest rates option books, including overseeing the execution of client deals and hedges (delta, vega, correlation risk, etc.) in order to lock as much commercial revenues as possible by keeping the books at minimum risk. Manage business promotion of USD IR (Interest rate), option and exotic activities in the United States and worldwide, including defining and giving clear pricing method for all USD structured products and giving trade ideas for clients worldwide. Oversee staff in charge of providing secondary quotations to clients and ensure staff accurately and timely perform daily tasks of portfolio risk management (running risk analysis, managing alerts, and monitoring reports). Manage business promotion of USD IR (Interest Rate) option and exotic activities in the United States and worldwide, interacting with traders outside New York, and with the structuring team and sales in order to increase client business flows. Represent the team in meeting with clients to promote SG’s capability on USD options and exotics, giving clear pricing rules to structures, collaborate with traders in Paris and Hong Kong to be able to execute deals and their hedge safely outside US hours and organizing frequent communication with all parties involved in these activities worldwide. Oversee the pricing of vanilla and structured IRD products. Play a key role in the development of systems to find new solutions, adapt existing systems to the new market environment, test the new solutions, etc. Serve as group’s representative in working with the Risk department for risk approval on new products and models, and with the Engineering teams in New York, Hong Kong, London and Paris related to the execution and pricing of structured products. 

Profile Required

MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Finance, Financial Engineering, Mathematics, Mathematical Finance, Statistics or a related field, plus 5 years of professional experience managing non linear exotic risks for worldwide trading activity (including Asia and Europe and the U.S.) relating to complex exotic products including long term interest rate structured products (including Zero Coupon Callable Accreting Notes, Callable Leveraged Steepener Notes and Callable Dual Range Accrual Notes) at a global financial institution. Must also have all of the following: 5 years of professional experience working with interest rate derivatives (including swaptions, Caps/Floors, Spread Options, CMS (Constant Maturity Swap), Range Accruals, Steepener, Callable Zero Coupon accreters); 2 years of professional experience managing an exotic products trading book; 2 years of professional experience managing a team performing worldwide trading activity relating to complex exotic products; any professional experience researching and reviewing complex financial models (including  BGM (Brace Gatarek Musiela), HW (Hull–White), HK(Hunt Kennedy) and Copula; any professional experience using VBA and Excel Macros.

CONTACT: Please send resume to: Human Resources or SG Recruitment Team, SG Americas Securities, LLC, 245 Park Avenue, New York, NY 10167, at Must specify Ad Code MMCD in the subject line. EOE. MFDV.


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: 

Business Insight

SG Americas Securities, LLC, New York, NY 

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.

Job code: 20000MKK
Business unit: SG CIB
Starting date: 02/11/2020
Date of publication: 14/10/2020
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Senior Trader (Interest Rate Exotic)

Permanent contract   |   New York   |   Corporate and Investment Banking