EM FX Trader

About the Division

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, and is 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.

Responsibilities

• Engage in pricing and hedging of EM and G-10 FX & Rate derivatives.
• Work closely with the sales team to develop the client franchise.
• Help develop quantitative tools and models to optimize trading, reduce risk, market impact, and increase profitability of trading algorithms.
• Manage trading book including taking positions in capital markets as well as identifying and exploiting trading opportunities and hedging the risk.
• Evaluate systematic versus specific risk and measure portfolio concentration.
• Manage risk in US underlying (including pricing, hedging, unwinding, and monitoring).
• Implement a new workflow on the Trading Desk in New York by introducing technology and trading models that will increase Principal Trading capacity, minimize risk, and improve overall client service, allowing rapid growth of product offerings (Agency, Algorithmic, Principal, Certificates, etc.) for both domestic and international clients.
• Price non-US trades for US customers during US hours.
• Quantitative Analysis: design tools to analyze client portfolios to expand Portfolio services. This product will need to be designed and marketed alongside other products with the local sales force.
• Pricing Hub: set up a pricing hub in New York for all risk products (US underlying, non-US underlying).

Requirements

• Must pass FINRA Series 7, Series 3, and Series 63 licensing after commencement of employment.
• Minimum 2 years of experience at a financial institution on a trading desk that manages at least $20 million in customer commissions.

Skills and Qualifications

• Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams.
• High achiever driven to exceed expectations, with the highest personal standards in regard to integrity and confidentiality.
• Demonstrated ability to build relationships within a large organization and partner with other business heads.
• Strong business insight.

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.

Diversity, Inclusion & Belonging

Our DIB Mission: Recruit, develop, retain, and advance a talented workforce united in our efforts to leverage talent and further develop an inclusive environment that enhances our competitive position and delivers 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.

Compensation and Benefits

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.