FX Options Trader

Societe Generale; Singapore; Sur place; SGD 120 000 - 240 000; Plein temps

Résumé du poste

Societe Generale in Singapore seeks an experienced trader to market make FX options, manage risk, and build trusted client relationships across internal and external clients. You will drive trading volumes, maintain adherence to regulatory guidelines, and collaborate with Sales, Risk, and IT to enhance trading capabilities.

The role emphasizes disciplined risk management, market presence, and a proactive approach to revenue generation through strong partnerships with sales and engineering teams.

Qualifications

• Experience in FX options market making and risk controls.
• Strong client engagement and relationship-building abilities.
• Familiarity with trading workflows, pricing models and regulatory expectations.

Responsabilités

• Market Making FX options for SG
• Risk management of FX options for SG
• Enhance, build and foster client relationships based on trust and professionalism
• Develop long term relationships with clients based on trust and professionalism
• Build, foster and cultivate client relationships in line with regulatory requirements
• Develop SG profile in the market through trading volumes and market presence, enhance individual and amonst clients as reliable market maker
• To further improve SG market share and reputation through professionalism, discipline and attention to risks e.g. compliance, market, credit, legal, reputation.
• Provide reliable backup and support as required for other traders within the team
• Maintain and develop strong interactions for both internal stakeholders (e.g. Sales, GLFI, Syndicate, research, compliance, middle/back office, IT, Eng and Risq etc.) and our customers.
• Develop the client franchise by having strong interaction with the sales and engineer teams as required. Work in partnership with sales team to communicate market flows, trade ideas and any relevant trading information to support revenue generation.
• Actively support sales staff with client pitches as required to contribute to revenue generation
• Pricing and execution of relevant product transaction on behalf of SG Clients. Making sure that all procedural guidelines e.g. Mifid, risk controls and product governance are observed.
• Develop trading strategies and assist sales in developing pricing models as required
• Grow the business in line with the SG group objectives and in co-operation with other stakeholders. In particular regarding the regulation and business principles, and the development of our customer franchise.
• Review and oversee optimization of capital and leverage costs
• Take order and execute on behalf of clients in accordance with SG Trading handbook and/or Sales Handbook, risk and credit limits, SG compliance policies and regulatory guidelines.
• Manage the book and hedge risk appropriately
• Implement team business plan to develop SG business as directed
• Actively support enhancing IT development of tools and systems to develop SG’s trading capability and efficiency (e.g. automation, pricing engines, development of analytical toold and new hedging as applicable)
• Maintain understanding of financial markets, competitors and clients to develop own trading position.
• Maintain up to date intelligence on market initiatives and products in the trading environment
• Using SG trading tools managing/ Monitoring the profit and loss of SG’s account. Ensuring respect to revelant trading limits and risk management.
• Ensure full adherence to the SG Sales and Trading responsibilities including Sales and/or Trading handbook and regular training as applicable to the regulatory requirements. Ensuring compliance with all trading recording procedure and, counterparty trades are within operating credit limits.
• Responsibility to adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility. It is your responsibility to ensure compliance with operational and conduct risk requirements (e.g data leakage, security policies and regulatory requirements).
• Adhere to individual and where applicable department conduct rules in accordance with the FCA and PRA Code of Conduct rules
• Responsibility for managing, controlling, preparing and escalating risk within the scope of your position and in line with existing policies.
• Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory and statutory bodies, trading venues, etc that are applicable to your role and business line.
• To assist in the self identification of all conduct related issues. Ensure escalation to appropriate stakeholder or function whether internal or external.
• Adhere to business line mandates relevant to the role as directed by your manager

Connaissances

FX Options Market Making

Risk Management

Client Relationship Management

Trading & Pricing

Regulatory Compliance

Description du poste

Responsibilities

Responsibilities :

• Market Making FX options for SG
• Risk management of FX options for SG
• Enhance, build and foster client relationships based on trust and professionalism

Client Coverage Responsibilities (Internal and External Clients including market participants)

• Develop long term relationships with clients based on trust and professionalism
• Build, foster and cultivate client relationships in line with regulatory requirements
• Develop SG profile in the market through trading volumes and market presence, enhance individual and amonst clients as reliable market maker
• To further improve SG market share and reputation through professionalism, discipline and attention to risks e.g. compliance, market, credit, legal, reputation.
• Provide reliable backup and support as required for other traders within the team
• Maintain and develop strong interactions for both internal stakeholders (e.g. Sales, GLFI, Syndicate, research, compliance, middle/back office, IT, Eng and Risq etc.) and our customers.
• Develop the client franchise by having strong interaction with the sales and engineer teams as required. Work in partnership with sales team to communicate market flows, trade ideas and any relevant trading information to support revenue generation.
• Actively support sales staff with client pitches as required to contribute to revenue generation
• Pricing and execution of relevant product transaction on behalf of SG Clients. Making sure that all procedural guidelines e.g. Mifid, risk controls and product governance are observed.
• Develop trading strategies and assist sales in developing pricing models as required
• Grow the business in line with the SG group objectives and in co-operation with other stakeholders. In particular regarding the regulation and business principles, and the development of our customer franchise.
• Review and oversee optimization of capital and leverage costs

Product Scope Responsibilities

• Take order and execute on behalf of clients in accordance with SG Trading handbook and/or Sales Handbook, risk and credit limits, SG compliance policies and regulatory guidelines.
• Manage the book and hedge risk appropriately
• Implement team business plan to develop SG business as directed
• Actively support enhancing IT development of tools and systems to develop SG’s trading capability and efficiency (e.g. automation, pricing engines, development of analytical toold and new hedging as applicable)

Knowledge Management Responsibilities

• Maintain understanding of financial markets, competitors and clients to develop own trading position.
• Maintain up to date intelligence on market initiatives and products in the trading environment

Risk Management Responsibilities

• Using SG trading tools managing/ Monitoring the profit and loss of SG’s account. Ensuring respect to revelant trading limits and risk management.
• Ensure full adherence to the SG Sales and Trading responsibilities including Sales and/or Trading handbook and regular training as applicable to the regulatory requirements. Ensuring compliance with all trading recording procedure and, counterparty trades are within operating credit limits.

Conduct Responsibilities

• Responsibility to adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility. It is your responsibility to ensure compliance with operational and conduct risk requirements (e.g data leakage, security policies and regulatory requirements).
• Adhere to individual and where applicable department conduct rules in accordance with the FCA and PRA Code of Conduct rules
• Responsibility for managing, controlling, preparing and escalating risk within the scope of your position and in line with existing policies.
• Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory and statutory bodies, trading venues, etc that are applicable to your role and business line.
• To assist in the self identification of all conduct related issues. Ensure escalation to appropriate stakeholder or function whether internal or external.
• Adhere to business line mandates relevant to the role as directed by your manager

Profile required

Behavioral Skills

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

Business insight

BUSINESS INSIGHT

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/

Diversity and Inclusion

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Share