Société Générale
Responsibilities
Trader (Hybrid and Proprietary Indexes) (SG Americas Securities, LLC, New York, NY) – Multiple positions available. Monitor various risks of the books and ensure books are hedged in delta to mitigate risk. Assist the Quantitative Department and R&D in the development of new pricing methodologies and models, and work on risk validation for new payoffs on these models. Quote parameters to pricing teams to respond to client requests and show aggressive quotes. Maintain a relation with the sales team worldwide for product sales (pricing strategies, parameter aggressiveness, etc.) to develop and push business. Implement new models from R&D, verify risk on their payoffs, and monitor risk analysis reports. Check and validate daily PnL to ensure risks are within limits. Hedge books in various sensitivities (rates, FX, vega, gamma). Use strong communication skills to collaborate with Middle Office on bookings and Products Control. Liaise with engineering, sales, quantitative teams, middle office, and product control groups. Improve proprietary index processes by coordinating with developers, colleagues, and interns. Salary: $179,088 – $500,000 per year.
Qualifications Minimum requirements: Master’s degree or equivalent in Mathematics, Statistics, Finance, Economics, Financial Engineering, or related field; 3 years of professional experience as a Trader, Trading/Quantitative Analyst or related role with pricing methodologies, interest rate models, risk validation and management, and hedging at a global financial institution. Must have 3 years experience using pre‑trade pricing engines or post‑trade risk engines for hedging and risk management; 3 years working with bonds, futures, IRS, CDS, and FX; 3 years performing model analysis and validation; 3 years developing and maintaining trading tools using VBA, Python or SQL; 3 years working with traders to develop new processes, quantify risk, and test pricing models; 2 years managing proprietary index models tailored for banking; 2 years trading equity derivatives, hybrid options, and exotic options; 2 years portfolio risk management, including risk analysis, alerts, and reporting.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
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Qualifications Minimum requirements: Master’s degree or equivalent in Mathematics, Statistics, Finance, Economics, Financial Engineering, or related field; 3 years of professional experience as a Trader, Trading/Quantitative Analyst or related role with pricing methodologies, interest rate models, risk validation and management, and hedging at a global financial institution. Must have 3 years experience using pre‑trade pricing engines or post‑trade risk engines for hedging and risk management; 3 years working with bonds, futures, IRS, CDS, and FX; 3 years performing model analysis and validation; 3 years developing and maintaining trading tools using VBA, Python or SQL; 3 years working with traders to develop new processes, quantify risk, and test pricing models; 2 years managing proprietary index models tailored for banking; 2 years trading equity derivatives, hybrid options, and exotic options; 2 years portfolio risk management, including risk analysis, alerts, and reporting.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.
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