Trader – USD Interest Rates Options
Responsibilities
Trader – USD Interest Rates Options (SG Americas Securities, LLC, New York, NY)
Multiple positions available. Engage with teams in various locations to develop and improve systems to
find new trading solutions, adapt existing systems to the new market environment, and test the new
solutions; Collaborate with Research & Development team to create permanent improvement of the
pricing library in order to ensure risks are well evaluated and their management is accurate; Serve as the
Global Market division’s (“MARK”) representative in working with the Risk department for risk approval on
new products and models, and interact with Engineering teams in New York, Paris, London and HongKong in relation to the execution and pricing of structured products; Represent the trading team and
highlight its needs in the new product validation processes with Risk department; Supervise the front-toback execution process for structured products traded by the team, including pricing, execution, hedging,
booking, control, to ensure accurate pricing and risk analyses restitution; Oversee the pricing of vanilla
and structured IRD products; Provide clear pricing rules for the vanilla and exotic IR options including
structured products to engineers so that they can provide clients with accurate price; Manage the
business promotion of USD IR (“United States Dollar Interest Rate”) option and exotic activities in the
United States and worldwide, interacting with traders outside New York, and with the Structuring and
Sales Teams in order to increase client business flows; Represent the team in meeting with institutional
clients to promote the bank’s capabilities in USD options and exotics; Collaborate with traders in Paris
and Hong Kong to be able to execute deals and hedge safely outside US hours; Organize frequent
communication with all parties involved in these activities worldwide; Oversee the management of
workflow and projects on designated clients, providing direction, guidance and coaching on an ongoing
basis while ensuring procedures and standards are in compliance with internal control practices; Provide
ongoing training to middle office teams to ensure that booking process is secure; and Provide ongoing
training to Risk and Certification teams to ensure that Profit & Loss explanation process is accurate and
shows a clear view of the desk’s risks. Salary: $100,547 - $275,000 per year
Profile required
MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Mathematics, Finance, or related
field.; plus 3 years of professional experience as a Quantitative Analyst, Finance Analyst, or any
occupation/position/job title involving Trading and market risk. Must also have the following special skills:
3 years of professional experience working with fixed income derivatives products including interest rates
options, cross-currency, credit derivatives, forex derivatives, and repo; 3 years of professional experience
utilizing market risk and counterparty risk framework; 3 years of professional experience performing
trading operations compliant with US and global regulations; and 3 years of professional experience
managing a trading book including actively hedging positions and protecting, monitoring and reporting on
the book value.
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
Business insight
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/)
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:
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.