Trader (Hybrid and Proprietary Indexes) Job at Societe Generale, New York, NY

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  • Societe Generale
  • New York, NY

Job Description

Join to apply for the Trader (Hybrid and Proprietary Indexes) role at Societe Generale This range is provided by Societe Generale. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $179,088.00/yr - $500,000.00/yr Reference 25000K9O Responsibilities Monitor various risks of the books and ensure books are hedged in delta to mitigate risk; Assist the Quantitative Department and Research and Development ("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 in order to be reactive to client requests and show aggressive quotes; Maintain a relation with sales team worldwide for everything involved in the sale of products (pricing strategies, parameters aggressiveness, etc.) to develop and push our business; Implement new models done by R&D, work on risk validation for new payoffs on these models and monitor risk analysis reports; Check and validate daily PnL to ensure that the risks associated with payoffs are within normal limits; Hedge books in various sensitivities (including rates, fx, vega, and gamma); Use strong communication skills (written and verbal) to collaborate with Middle Office for the bookings of new trades, and products control groups; Liaise with several teams within the bank such as: Engineering and Sales for all matters involving the sale of financial products (pricing strategies, parameters aggressiveness, etc.), Quantitative Teams (i.e., those responsible for the development of new pricing methodologies and trading models), Middle Office Teams for the booking of new trades, and Products Control groups; and Improve current proprietary indexes processes by coordinating development with developer team, colleagues and interns. Required Master’s degree or U.S. equivalent in Mathematics, Statistics, Finance, Economics, Financial Engineering, or related field; plus 3 years of professional experience as a Trader, Trading/Quantitative Analyst or any occupation/job title/position working with pricing methodologies and models, interest rate models, risk validation and management, and hedging at a global financial institution. 3 years of professional experience using pre trade pricing engines or post trade risk engines for hedging and risk management. 3 years of professional experience working with a range of assets (including Bonds, Future, IRS, CDS, and FX). 3 years of professional experience performing model analysis and validation (including models and payoffs). 3 years of professional experience developing and maintaining trading tools using VBA, Python or SQL. 3 years of professional experience working directly with traders to develop new trading processes, identify and quantify risk, and test new pricing models. 2 years of professional experience managing proprietary index models tailored for the banking industry. 2 years of professional experience in trading equity derivatives, Hybrid options, and exotic options. 2 years of professional experience with portfolio risk management, including running risk analysis, managing alerts, and preparing reports for trading desks. LINK TO EMPLOYEE REFERRAL PROGRAM: Incentives offered through the firm's Employee Referral Program are applicable to this position. For more information, please visit our Employee Referral Program link in the Human Resources section of our intranet under the Talent Management tab at: Business insight Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR 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. D&I Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients. Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents Engage our community and marketplace, and position the organization to meet the needs of all its clients For more information about our D&I initiatives, please visit this link (

HYBRID WORK ENVIRONMENT

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

COMPENSATION

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. Diversity and Inclusion 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. Seniority level Not Applicable Employment type Full-time Job function Finance and Sales Industries Financial Services and Investment Banking #J-18808-Ljbffr Societe Generale

Job Tags

Full time, Work at office, Remote work, Worldwide,

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