Market Product Control Specialist

About the role

The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage, and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank. The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.

Responsibilities

• Work closely with the trading teams to develop a deep knowledge of their business, clients and strategies
• Provide a deep analysis of trading desk positions and risk exposures
• Explain P&L by its attributes tying back to risk sensitivities
• Continuously enhance P&L/Risk processes and systems using Python
• Provide expertise on certification of Greeks, P&L and sensitivities to different risk factors (Delta, Gamma, Vega, Basis, Forex etc.)
• Monitor and certify Stress-Tests and Regulatory metrics such as Value-at-Risk and Expected Shortfall
• Monitor risk limit consumptions and follow up on breaches with Front-Office and Risk management
• Provide explanation about the different metric highlights to trading and senior management
• Provide analysis and sign off on valuation and risk metrics for new products or major projects such as IBOR transition
• Work with other departments and Paris head office on transversal and regulatory projects

Skills and qualifications

• Master's degree in finance or applicable experience
• Prior work experience in financial services with good knowledge of Equity Derivatives risk and PnL metrics
• Understanding valuation components of Equity Derivatives
• Knowledge of Greeks (Delta, Gamma, Vega, Basis, Forex)
• Strong analytical and mathematical skills
• Proficiency in Python programming a plus, for the purposes of data manipulation, automation and/or debugging
• Self-motivated and proactive
• Willingness and desire to learn
• Business insight

Benefits

• Eligible for an annual discretionary bonus
• Competitive benefits package including 401(k) plan with company match
• Medical, dental, and vision insurance
• Benefits for fertility, wellness, student loans and commuters