eFX Trader
Societe Generale · New York, NY · 1 mo ago
On-siteFinanceFull-time
Reference 26000881
About the Role
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 to provide 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.
Responsibilities
- Trade and manage risk across FX Spot, NDFs, Futures, Forwards, and Swaps, with strong awareness of market conditions and liquidity dynamics.
- Act as a book-runner, actively managing inventory risk, reacting quickly to market movements, and executing efficiently across FX markets.
- Maintain and grow relationships with clients, liquidity providers, and internal stakeholders, ensuring continuous connectivity and commercial engagement.
- Conduct deep, data-driven analysis of the eFX franchise, including:
- PnL decomposition
- Historical and real-time volumes
- Market impact and flow behavior
- Market microstructure and data analysis
- Drive proactive monetization of the franchise under volume, risk, and client constraints, ensuring sustainable and disciplined client follow-up.
- Collaborate closely with the Quant team on model enhancements, pricing improvements, and trading strategy research.
- Contribute Python-based tools to support post-trade analytics, research, and workflow automation.
- Apply technical IT skills to support configuration updates, infrastructure workflows, and issue resolution in electronic trading environments.
- Act as a team player, sharing findings, collaborating globally, and contributing to the collective performance of the desk.
Requirements
- Minimum 3 years of combined experience in both Quantitative trading, including FX Spot, Forwards, Options, and NDFs in a global FX/eFX trading-floor environment.
- Bachelor’s degree or U.S. equivalent in Finance, Financial Engineering, Math, Computer Science, Business Administration, Economics, or a related field.
Skills & Experience
- Trading Analytics & Market Understanding
- Experience analyzing trading performance, identifying positive/negative trends, and implementing improvements across quantitative environments.
- Ability to operate in coordination with global trading teams.
- Market Making
- Experience in pricing and hedging G10 and EM risk – Spot, Swaps, NDFs.
- Daily position management, PnL monitoring, and pricing analysis.
- Understanding of market microstructure, internalization logic, and risk offsets.
- Liquidity & Execution Management
- Hands-on experience with flow/venue routing, order execution logic, and strategy parameters.
- Familiarity with liquidity usage, sweep logic, last look, and LP configuration.
- Algo Execution & Market Structure
- Experience operating and marketing FX Algo execution solutions.
- Ability to advise clients on optimizing execution efficiency.
- Familiarity with major FX trading venues and technologies, such as FXall, 360T, EBS, Reuters, Bloomberg, Currenex, Traiana/Harmony, BestX, TraderTools, FX Spot Stream, Broadway Technology, IX Protocol, etc.
- Experience with FX OTC market structure, connectivity, and workflow design.
- Experience collaborating with IT, development, and compliance teams to streamline electronic trade processing.
- Any experience with Asian NDF markets to complement U.S. trading coverage.
- Established network or relationship-building experience within the global FX market.
Benefits
- Competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans, and commuters.
Pay
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.