VP - IG Corporate Trader

Societe Generale Corporate and Investment Banking - SGCIB; Greater London; On-site; GBP 120,000 - 190,000; Full time

Job summary

Société Générale in London is seeking an experienced Credit Trader to join the newly formed Distributed Credit Solutions team. You will make markets in corporate cash bonds, manage trading book risk, and build client relationships across internal and external desks.

The role focuses on de-risking the bank while expanding market share and delivering competitive pricing and execution. You will collaborate with Sales, Syndicate, Risk and IT to optimize capital usage and governance, and to drive

Qualifications

• Direct experience in a credit trading role with proven market making track record.
• Excellent interpersonal and communication skills (verbal and written).
• Proven ability to develop relationships based on trust and professionalism.
• Able to work independently on multiple conflicting priorities and under pressure until completion.
• Strong analytical skills with an aptitude for numbers and attention to detail.

Responsibilities

• Make markets in corporate cash bonds to SG internal and external clients.
• Manage the risk and complexity of the SG corporate cash trading books.
• Promote SG credit market making capabilities.

Skills

Credit trading

Market making

Relationship management

Analytical skills

Job description

About the team:

This is an exciting time to be joining our newly created Distributed Credit Solutions team where we have combined parts of our Investment Banking and Global Markets division to unify capabilities within the credit space enabling an integrated credit chain to de-risk the Bank in primary (Syndication) and secondary (Trading) while pursuing Fund Financing and Securitisation activities four our clients leveraging an incorporated sales team.

Responsibilities:

This is an exciting time to be joining our newly created Distributed Credit Solutions team where we have combined parts of our Investment Banking and Global Markets division to unify capabilities within the credit space enabling an integrated credit chain to de-risk the Bank in primary (Syndication) and secondary (Trading) while pursuing Fund Financing and Securitisation activities four our clients leveraging an incorporated sales team.

This is all part of our plan to increast our market share across all levels of the credit landscape firmly establishing ourselves as a key top 5 provider across Europe.

The Credit Trading unit covers all credit linked products: flow, structured and loans with their respective financing under unified credit trading books.

Summary of Key Purposes of the Role:

• Make markets in corporate cash bonds to SG internal and external clients
• Manage the risk and complexity of the SG corporate cash trading books
• Promote SG credit market making capabilities

Responsibilities:

• Develop long term relationships with clients based on trust and professionalism
• Develop SG profile in the market through trading volumes and market presence, enhance individual and team reputation amongst clients as a reliable market maker
• Further improve SG market share and reputation through professionalism, discipline and attention to risks
• Provide reliable backup and support as required for other traders within the team
• Develop and maintain strong relations with internal stakeholders (Sales, Global Finance, Syndicate, Research, Compliance, Middle/Back office, IT, Risk etc.)
• Work in partnership with other teams to communicate market flows, trade ideas and any relevant trading information to support revenue generation
• Pricing and execution on behalf of SG clients ensuring all procedural guidelines, risk controls and product governance are observed
• Develop trading strategies and work with sales to develop pricing models as required
• Review and oversee optimization of capital and leverage costs

Profile Required:

• Direct experience in a credit trading role with proven market making track record allied to development of client relationships
• Excellent interpersonal and communication skills (verbal and written) with the ability to interact and communicate convincingly at all levels with key decision makers in a variety of business lines, management and control functions across the Bank
• Proven ability to develop relationships based on trust and professionalism
• Able to work independently on multiple conflicting priorities and under pressure until completion
• Strong analytical skills with an aptitude for numbers and attention to detail
• Solutions focused, service orientated and proactive

Why join us:

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight:

At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.