Hybrid Trader
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.
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
Profile required
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 risk
- 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
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. Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.
Diversity, Equity & Inclusion (DE&I):
Our 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 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
Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/