EM FX Trader: Quant-Driven Hedging & Trading

Societe Generale; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Societe Generale in New York seeks a quantitative trader to engage in pricing and hedging of EM and G-10 derivatives, collaborate with sales to grow client franchises, and develop models to optimize trading and reduce risk.

The role involves managing the trading book, assessing systematic vs specific risk, and expanding US and international product offerings through new workflows and pricing hubs. A licensed, collaborative professional with strong integrity is required.

Qualifications

• Must pass FINRA Series 7, Series 3 and Series 63 licensing after commencement of employment.
• Minimum 2 years of experience at a financial institution on a trading desk that manages at least $20 million in customer commissions.
• Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams.
• High achiever driven to exceed expectations, with the highest personal standards in regard to integrity and confidentiality.
• Demonstrated ability to build relationships within a large organization and partner with other business heads.

Responsibilities

• Pricing and hedging of EM and G-10 FX & Rate derivatives.
• Work closely with the sales team to develop the client franchise.
• Help develop quantitative tools and models to optimize trading, reduce risk, market impact and increase profitability of trading algorithms.
• Manage trading book including taking positions in capital markets as well as identifying and exploiting trading opportunities and hedging the risk.
• Evaluate systematic versus specific risk and measuring portfolio concentration.
• Manage risk in US underlying (including pricing, hedging, unwinding and monitoring).
• Implement a new workflow on the Trading Desk in New York by introducing technology and trading models that will increase our Principal Trading capacity, minimize risk, and improve overall client service and allow rapid growth of our product offering (Agency, Algorithmic, Principal, Certificates, etc.) both domestic and international clients.
• Pricing non-US trades for US customers during US hours.
• Quantitative Analysis: designing tools that will help analyze client portfolios in order to expand our Portfolio services. This product will need to be designed and marketed along our other products with the local sales force.
• Pricing Hub: setting up a pricing hub in New York for all risk products (US underlying, non-US underlying)

Skills

FINRA licenses

Trading desk experience

Collaborative teamwork

Integrity & confidentiality

Relationship building

Job description

Societe Generale in New York seeks a quantitative trader to engage in pricing and hedging of EM and G-10 derivatives, collaborate with sales to grow client franchises, and develop models to optimize trading and reduce risk.

The role involves managing the trading book, assessing systematic vs specific risk, and expanding US and international product offerings through new workflows and pricing hubs. A licensed, collaborative professional with strong integrity is required.