EM FX Trader: Quant Tools & NY Desk

Societe Generale; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Societe Generale is seeking an experienced trading professional for the New York Global Markets desk. The role focuses on pricing and hedging EM and G-10 FX & Rate derivatives, collaborating with sales to grow our client franchise, and developing quantitative tools to improve profitability and risk controls.

The successful candidate will manage trading activity, assess market and specific risks, and help implement new trading workflows that enhance Principal Trading capacity and client service

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 managing significant client activity
• Highly collaborative – ability to work 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 sales to develop the client franchise.
• Develop quantitative tools and models to optimize trading, reduce risk, and improve profitability of algorithms.
• Manage trading book and identify opportunities while hedging risk.
• Evaluate systematic vs specific risk and measure portfolio concentration.
• Manage risk in US underlying assets including pricing, hedging, unwinding, and monitoring.
• Implement new workflow on the Trading Desk in New York to increase Principal Trading capacity and client service.
• Price non-US trades for US customers during US hours.
• Design tools to analyze client portfolios and expand portfolio services.
• Set up a pricing hub in New York for all risk products (US and non-US).

Skills

FINRA licensing

Trading desk experience

Collaboration

Integrity

Relationship building

Market risk awareness

Education

Finance or related degree

Job description

Societe Generale is seeking an experienced trading professional for the New York Global Markets desk. The role focuses on pricing and hedging EM and G-10 FX & Rate derivatives, collaborating with sales to grow our client franchise, and developing quantitative tools to improve profitability and risk controls.

The successful candidate will manage trading activity, assess market and specific risks, and help implement new trading workflows that enhance Principal Trading capacity and client service