Delta One Trader
Responsibilities
Trading
• Develop Delta One franchise in the US by pricing and trading Swaps, Equity Index Futures, and others Delta One products with main focus on US domestic indices.
• Work closely with structured equity finance team to develop interactions and synergies, to capture spread on repo and corporate actions.
• Increase the book on a sustainable way with for target diversified and recurring revenue.
• Optimize the global book position and the scarce resources by closing monitoring risk and consumption metrics
Client business and Market Intelligence
• Participation on the client franchise development in cooperation with Sales team by sending them daily runs, trading axis and new ideas.
• Contribution on the US Equity Finance / 1 Delta Market Intelligence development with a focus on alpha generation for clients, corporate actions and index events opportunities.
Book management and processes
• Responsible for the day-to-day risk, position management, risks follow-up and PNL explanation.
• Rationalizing and optimizing the FO to BO processes with a particular attention to operational losses.
Profile required
DIVISION DESCRIPTION:
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.
SKILLS AND QUALIFICATIONS:
Must Have:
• At least 5 years of index delta one trading experience, preferably in the US delta one market
• Good understanding in various liquidity metrics and banking regulatory environment in both US and EU
• Ability to work on both technical and operational subjects
• Rigor, curiosity, adaptability, pragmatism, composure
• Regulatory understanding and transparency
• Masters of IT systems and operational chain
• Ability to trade directly (Sales trading activity), with brokers and with Sales
• Cooperation skills - Have constructive relationships with all parties (colleagues, peers, resources, etc)
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.