Equity Hybrid Trader, Global Markets

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 GBSU 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.
   

Key Skill Areas, knowledge and qualification Required:

Technical skills:
-Knowledge of cross asset financing products : repo, stock lending of borrowing and cross currency across bonds and equities
-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 :
-Mentor junior staff
-Report transparently to his management

Qualification:
-Trading license to comply with Regulations

Languages:

-English Language- Business level

Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth. Our expertise in the Asia Pacific region ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Securities Services, Trade Finance and Cash Management Services. Leveraging on our formidable global footprint, we serve corporates, financial institutions, and the public sector. With our regional headquarters in Hong Kong, we operate in 11 countries across Asia Pacific, employing over 6,600 employees. You can find us in Beijing, Seoul, Tokyo, Singapore, Mumbai, Sydney and other locations in the region.