USD Rates Trader
Responsibilities
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.
OUR CULTURE
At Societe Generale CIB, we expect all our people to demonstrate sound judgement, personal accountability, and a commitment to acting with integrity. We value an environment where concerns can be raised openly, risks are managed proactively, and our conduct standards are lived - not just documented. If that resonates with how you work, we want to hear from you.
IR Swap market maker responsible for provision of liquidity to the existing USD IR Swap franchise with risk management and flow monetization as primary mandates. The trader will support and help grow the SG USD Swap and Linear Trading franchise through appropriate risk management techniques, focusing on capturing and retaining bid-offer and positive alpha in hedging through reliance on innovative trading tools and expert judgement.
Focus for this role is on the Interest Rate Swaps & Cash franchise with a specialization in flow products and portfolio hedging strategies. The trader is responsible for managing the franchise development of this specific sector and advancing the growth strategies established by SG in the space.
The trader is responsible for creating new tools and frameworks for the Swaps and Cash UST desks for the purpose of enhancing the trading platform's hedging and value identification capabilities, to be ultimately adopted by SG technology teams for institutionalization. The trader's expertise in applying data analysis and hedging techniques enhanced by use of collected market and flow data for the purposes of expanding hedging alpha is critical to this role.
The trader will also participate alongside peers in the commercial engagement efforts, interacting with and deepening relationships with the franchise' clients and exploring unique enhancements to the existing franchise offering where relevant to increase SG's commercial edge
Profile required
- Solid understanding of macroeconomics, economic relationships and dynamics
- Strong understanding of funding markets, central bank policy, and strategies specific to managing risk in this space
- Proven ability to translate trading concepts into IT-friendly language to help facilitate
- High-achiever, driven to exceed expectations with the highest personal standards
- A deep focus and prioritization on personal integrity and confidentiality
- Good communication skills, able to navigate various situations with sales and other internal trading desks to identify revenue-generative opportunities and potential risks
- Highly collaborative - an open individual who can work successfully with multi-disciplinary, multinational teams
Why join us
People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.
Business insight
If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.