Responsibilities
- Market Maker in US treasury/IG corporate TRS
- Add value to the SG fixed income franchise by growing our market share with key clients
- Evaluate and analyze market conditions, economic data and financial information to identify and define market trends/trading opportunities.
- Provide insightful commentary and market color to internal salesforce and engage directly with clients
- Manage risk in disciplined and value-additive manner within all SG approved limits
- Work closely with IT, Quant, and Algorithmic trading groups to ensure appropriate functioning of pricing and hedging tool
- Price, manage and hedge US treasury/IG corporate TRS flows in a disciplined manner using cash bonds, futures, ETFs, and swaps
- Liaise and communicate with sales teams to produce and present trade ideas
- Compete effectively on all e-trading platforms to maintain hit ratios and market share
- Work with algorithmic trading team and IT to enhance our e-trading footprint and capabilities
- Provide timely commentary/analysis on events affecting the rates market
- Collaborate with quantitative developers to develop trading tools and systems to help SG become more efficient in pricing and managing risk
- Communicate with clients on a regular basis to create trusted relationships and increased market share
Profile required
Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research. Our prime services' offering is a unique combination of execution, clearing, custody and financing services.
Technical Skills:
- Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams
- High-achiever driven to exceed expectations, with the highest personal standards in regards to integrity and confidentiality
- Demonstrated ability to build relationships within a large organization and willingness to be team player
- Must be quick in analyzing the client needs, risk for the bank and available liquidity to extract value from client flows
- Good communication skills with sales and other trading desks to be able identify revenue-generating opportunities
- Good communication with internal traders in NY and in other offices to maximize team productivity
Competencies:
- Strong analytical skills and good understanding of mathematics and yield curve models
- Solid market knowledge of USD rates and macroeconomics
- Strong technical skill, comfort with coding, and proven ability to translate trading concepts into IT-friendly language to help facilitate projects
Experience Needed:
- 2-5 years of experience trading in a global ban
- Bachelor's degree in Financial Engineering, Finance, Economics, Physics, a related field or the equivalent thereof.
Business insight
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/)
D&I:
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/)
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 & SALARY RANGE:
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.