Corporate Equity Derivatives Trader
Responsibilities
Societe Generale is global leader in equity derivatives. The Corporate Derivatives Trading desk (aka STG) sits within the MARK Equity Derivatives Division and is responsible for pricing, trading, and risk-managing both vanilla and complex derivative products on US stocks for corporate clients of the firm, based in the US and worldwide. Products range from vanilla options to more complex aka “exotic” or structured payoffs, convertible bonds, and equity-collateralized margin loans.
The Corporate Equity Derivatives Trading team is seeking a Vice President/Director coming with experience in corporate derivative trading and/or with a quantitative skillset. This individual will contribute to pricing, trading the book, options pricing analytics, back testing, and the enhancement of the risk management tools.
Key responsibilities:
• Partner with sales and risk teams to develop the bank footprint in the US and provide liquidity in complex or large solutions on US stocks to the bank world-wide range of clients.
• Monitor books, inventory and P&L to stay within limits and reach objectives set by management.
• Follow market news to evaluate risk and opportunities in the books.
• Analyze new derivative requests or pitches, assess risks, contribute to providing informed pricing.
• Use data analysis / machine learnings methods to identify new opportunities to drive profitability and market share.
• Build and maintain Python-based tools for pricing, trading automation, and risk management.
• Operate in a fast-paced environment with a high degree of autonomy and accountability.
Profile required
Qualifications:
• The ideal candidate would have experience in margin loans and corporate derivatives trading or would come from a quantitative research/development role with a strong interest in joining a trading role.
• In-depth knowledge of options pricing models, volatility surfaces, and risk management.
• Deep understanding of options pricing models, Greeks, volatility modeling, and market microstructure.
• Ability to thrive in a fast-paced trading environment with high ownership and attention to detail.
• Excellent communication skills and the ability to collaborate effectively across functions.
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/)
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Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/
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.