EM FX Trader: Quant-Driven Pricing, Hedging & Growth

SGS Société Générale de Surveillance SA; City of Rochester (NY); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

401(k) match

Medical insurance

Commuter benefits

Job summary

Societe Generale is seeking a qualified trader to join the New York trading desk, focusing on pricing and hedging EM and G-10 FX & Rate derivatives. The role collaborates with sales to grow the client franchise and to develop quantitative tools to optimize trading, reduce risk, and increase profitability.

The position requires FINRA licensing and relevant trading desk experience, with a strong emphasis on risk management, workflow improvements, and cross-asset market knowledge.

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.
• Demonstrated ability to build relationships within a large organization and partner with other business heads.

Responsibilities

• Engage in 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 Series 7

FINRA Series 3

FINRA Series 63

Job description

Societe Generale is seeking a qualified trader to join the New York trading desk, focusing on pricing and hedging EM and G-10 FX & Rate derivatives. The role collaborates with sales to grow the client franchise and to develop quantitative tools to optimize trading, reduce risk, and increase profitability.

The position requires FINRA licensing and relevant trading desk experience, with a strong emphasis on risk management, workflow improvements, and cross-asset market knowledge.