Delta One Trader

Societe Generale; Hong Kong; On-site; HKD 120,000 - 180,000; Full time

Job summary

Societe Generale in Hong Kong seeks a Delta One trader with a strong India D1 track record to manage and trade the onshore and offshore book. You will price, hedge, and execute index futures, stock futures, FX forwards, and swaps, while funding the desk and ensuring risk limits are respected.

Excellent programming skills and fluent English are mandatory. You will collaborate with Paris and train junior staff, contributing to a transparent, compliant trading culture.

Qualifications

• Hold a relevant Bachelors or Masters degree in Finance, Engineering, Mathematics, Information Technology or similar.
• Proven track record in managing an India D1 book.
• Strong Programming skills are required.
• Able to work under pressure and deal with exposure to risk.
• Result oriented, determined and able to make reliable decisions.
• Fluent English is mandatory.

Responsibilities

• Manage the India Delta One Book in HK in collaboration with Paris Delta One team.
• Active trading of the onshore and offshore book across index futures, single stock futures, FX forwards, swaps.
• Price and hedge client index swap business.
• Cash management to fund the activities of the desk.
• Corporate actions trading, Index reshuffle management.
• Improve trading platform, global collaboration on tools and training of junior staff.
• Strict respect of the bank risk limits (Markets, Credit).
• Operate in a very transparent manner and promptly elevate issues.
• Operate within desk trading mandate.
• Adhere to the bank code of conduct and desk trading guidelines.

Skills

Programming

English fluency

Risk awareness

Decision making

Education

Bachelor's/Master's degree

Job description

Responsibilities

• Manage the India Delta One Book in HK in collaboration with Paris Delta One team


• Active trading of the onshore and offshore book across index futures, single stock futures, FX forwards, swaps


• Price and hedge client index swap business


• Cash management to fund the activities of the desk


• Corporate actions trading, Index reshuffle management


• Improve trading platform, global collaboration on tools and training of junior staff.


• Strict respect of the bank risk limits (Markets, Credit.)


• Operate in a very transparent manner and promptly elevate issues


• Operate within desk trading mandate


• Adhere to the bank code of conduct and desk trading guidelines

Profile Requirements

• Hold a relevant Bachelors or Masters degree in Finance, Engineering, Mathematics, Information Technology or similar


• Proven track record in managing an India D1 book


• Strong Programming skills are required


• Able to work under pressure and deal with exposure to risk


• Result oriented, determined and able to make reliable decisions


• Fluent English is mandatory

This is an in-scope position under the MRC Scheme. As per the Guidelines on the Mandatory Reference Checking (MRC) Scheme issued by HKAB, which have been endorsed by the HKMA, Authorized Institutions that are hiring staff for Relevant Positions need to obtain specific references from past employers for whom you have worked during the preceding seven years.

Behavioral Skills

• Client - Risk: I strive to satisfy clients while taking into account risks for the company


• Team Spirit - Synergies: I make cooperation with colleagues in and outside my team a priority


• Innovation - Thinking out of the box/Creativity: I propose new ideas and solutions


• Responsibility - Courage: I express my convictions and make decisions with courage and respect.


• Commitment - Inspiration: I support the vision and the strategy


• Client - Sales and Marketing Strategy: I contribute to adapt our offer to our clients'/internal partners' needs

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. Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.

Diversity, Equity & Inclusion (DE&I)

Our 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.

Our vision

• 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

Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations of assistance during the recruitment process, please do not hesitate to let our HR staff know.

Department Description

Delta One Trading is part of the Equity Derivatives department responsible for providing Indexation to Societe Generale's client base across Asia Pacific. The range of product covered are Futures, swaps, ETFs. We provide liquidity to the market on OTC and listed products (index and single stock derivatives), optimize inventory, funding and index tracking.