Vice President Sales/Trader - Exchange Traded Derivatives

Permanent contract|New York|Corporate & Investment banking

Vice President Sales/Trader - Exchange Traded Derivatives

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

Base Salary Range: $104,000 - $275,000

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.

ETD/CORP is looking for a motivated Listed Derivatives Sales Trader to be part of the ETD (Exchange Traded Derivatives) Agency trading team. This opportunity is for a sales trader who will preferably have some Futures trading experience and the ability to provide execution coverage to a wide range of international clients - including Japanese on listed derivatives markets. The firm’s platform offers equities, options, futures, and ETF abilities in U.S. and foreign markets.  Some knowledge of electronic trading systems an advantage. This is a fast moving, client facing environment so good inter-personal skills, strong attention to detail, and ability to multitask essential.

Experience

  • Minimum of 7 years’ experience sales trading of global derivatives, ideally with established client relationships which are portable to a competitive platform.

  • Knowledge of market structure of derivatives exchanges and regulatory framework.

  • Knowledge of using Order Management Systems (ideally Fidessa), FIX protocol, Trade workflows.

  • Knowledge of working of execution algorithms.

  • Knowledge of transaction cost analysis.

  • Fluent in both English and Japanese

  • Typical work activities

  • Sales mandate in securing new client business while growing existing accounts.

  • Execution of global listed derivatives (futures and options), as part of a 24/6 global agency trading desk.

  • Establish overnight Japan desk presence in New York, to help cover Japan based clients.  Work with existing overnight Japan desk based in Chicago.

  • Execution of all listed derivatives asset classes, including equities, FX, commodities, and fixed income.

  • Ensuring client orders are executed in best possible fashion; focus on building relationships with clients.

  • Gather derivatives market information and analysis to communicate with clients.

  • Ensure proper risk controls and procedures are followed.

  • Provide inputs to algo quants to improve proprietary algorithms based on client feedback or your own.

  • Provide inputs to product managers and COOs on improving the trading systems and workflows.

Profile required

Desired Skills

  • Ability to provide of listed derivatives execution coverage to a wide range of clients.
  • Ability to deliver execution advisory services including pre / post trade TCA, technical market microstructure reports and industry trends
  • Communication and coordination extremely important.
  • Ability to work within a team environment and cross-sell other asset classes with other desks.
  • Ability to manage risk of listed derivatives orders.
  • Ability to interact closely with IT, Operations, and other support functions within the division to sustain and improve risk management, operational efficiency, algorithm platform, and client or trading tools.
  • Effective speaking and written communications skills.
  • Bi-lingual English and Japanese – incl. reading/writing skills
  • Series 3, 7, 63 (Series 57 a plus)

Why join us

Within Société Générale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution, 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 Global Markets platform committed to long-term client relationships through value added services and smart solutions. The business uses an advisory and innovation mindset, focused on client needs, with the world leading financial markets engineering team.  Global Markets is a leading player in derivatives, unrivaled equity derivatives expertise and #1 in listed derivatives, cross-asset and economic research.  Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

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.

D&I:

Our D&I 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 D&I Vision: An engaged workforce that is demographically diverse in a way that reflects the communities in which we operate. An inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents. To 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, 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.

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, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000MFK
Entity: SG Americas Securities
Starting date: immediate
Publication date: 2022/11/04
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