Hybrid Trader Global Markets- Associate, VP
Responsibilities
Primary Objectives:
- Member of the Hybrid team which cover funds / hybrid products / Variable Annuities (GmxB) / SGI & QIS / Structured Financing cross asset.
- The candidate will work as an exotic trader with a focus on insurance products (such as, but not limited to, variable annuity, fixed annuity reinsurance), FIA and QIS Strategies, Hybrids & Funds derivatives.
- S/He will be working extensively with the sales and engineering teams to develop product offering that suits Clients’ needs and enhanced hedge approaches.
- S/He will monitor closely market risks and actively hedge positions in a sound manner, and protect, monitor and report on the book value
- Level of operational risk factor: HIGH
- Level of job sensitivity: HIGH
Major Accountabilities/Principal Responsibilities:
- Executes customer trades in accordance with established trading and hedging strategies.
- Provide a Client driven service together with sales and engineers
- Work with Back Offices to upgrade systems and design future developments.
- Highlight and report risk to management in a diligent and rigorous manner.
- Be able to back up any other traders within the team.
- Understanding of derivative theories and Models
- Knowledge of Asian financial markets and worldwide
- Being able to work efficiently in a team and share knowledge with other teams.
- Experience in managing derivatives books and understand associated risks.
- Ability to work under pressure in a fast-paced environment.
Profile required
Key Skill Areas, knowledge and qualification Required:
Technical skills:
- Understanding of SGI indexes and vol target mechanism. Abilities to provide hedging strategies to cover gap risq
- Knowledge of the QIS framework, leveraged gap risk and optionality
- Knowledge of the reinsurance business (GMxB). Understanding of actuarial risks (namely lapse and mortality) and various variation of the payoff (Fixed/Variable Annuities, Fixed Index annuities etc…).
Business development attitude:
- Understand market dynamics and is able to offer suitable products to our clients
- Manage the book in a sound manner, is aware of the market risk and counterparty risk framework
- Respect of internal procedure and external regulation
- Operate the trading operations in a compliance manner
- Aware of the culture and conducts principles
Communication :
- Report transparently to his management
Qualification:
- Trading license to comply with Regulations
Language Skills
- English : Business level
- French: Not required
- Japanese: Not required
Business insight
Societe Generale is one of the leading financial services groups in Europe. Present in over 50 countries across Europe, the Americas and Asia. Societe Generale provides corporate, financial institutions, investors and public sector clients with value-added integrated financial solutions.
Today, Societe Generale in Japan consists of four core businesses: Societe Generale, Tokyo Branch; Societe Generale Securities Japan Limited, Societe Generale Haussmann Japan Limited and Societe Generale Aircraft Leasing Company Limited. These four entities are in line with our worldwide focus on Investment Banking, Global Finance and Global Markets, and Asset Management.