Hedge Funds, Corporates and Complex Transaction CCR Advisor

Societe Generale SA; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

401(k) plan with company match

Medical/Dental/Vision benefits

Fertility and wellness programs

Student loan and commuter benefits

Job summary

SGS Société Générale de Surveillance SA in the Americas is seeking a Risk Advisor within the FCC/MARK/Margin framework to support hedge funds, proprietary trading groups, and complex transactions. You will analyze portfolios, monitor limits, and interact with front office to explain risk measures.

The role emphasizes risk monitoring, limit management, and client interactions across equity derivatives, fixed income, and credit solutions, with a focus on timely risk assessment and escalation when

Qualifications

• Bachelor’s degree in finance, Economics, Engineering or Mathematics.
• 5-7 years in risk management, preferably market risk, model risk or hedge fund risk.
• Proven change management abilities.

Responsibilities

• Portfolio Analysis, Front Office and Client Interaction to support risk-informed sales pitches.
• Perform risk analyses on client portfolios: market risk, liquidity, concentration and wrong-way risk.
• Monitor risk limits, document overshoots and coordinate remediation with Front Office for FCC clients.

Skills

Analytical capability

Problem solving

Results oriented

Interpersonal effectiveness

Communication skills

Education

Bachelor’s degree in finance, Economics, Engineering or Mathematics

Master’s degree (nice to have)

Tools

Tableau

Power BI

Python

Excel

Job description

ResponsibilitiesThe Americas Hedge Funds, Corporates and Complex Transaction Client Risk Team (RSR/CCR/FCC) “FCC” acts as the 1st Line of Defense risk team for Counterparty Credit Risk “CCR” in relation to Hedge Funds, Proprietary Trading Groups, Family Offices, Mutual Funds, and other clients trading Complex Transactions (e.g. Exotic Trades, Alternative Risk Transfer, etc.).The Risk Advisor covers:Agency Scope: Prime Services & Clearing (PSC) activities within the Equity Derivatives (EQD) Business Line in Global Markets (MARK)Principal Scope: Bilateral Trading Activities where any MARK Trading Desk is a Principal of the activity. It includes Equity Derivatives (EQD), Fixed Income and Currencies (FIC) andDistribution and Credit Solutions (DCS).The team is primarily responsible for the following areas:

• Portfolio Analysis
• Limit Recommendations
• Client Margining
• Risk Monitoring
• Limit Overshoot Management

Ensure that the risk limits remain in line with:- SG Risk Appetite- Changes in Clients risk profile- Scarce Resource targets (Profitability, RWA, Balance Sheet, LRE, NSFR, Cash, LCR)Day To Day Responsibilities:Portfolio Analysis, Front Office and Client Interaction:Supports Sales on client pitching by providing risk information with the necessary explanation on how SG define risk and how measures are applied to client portfolios.Assists in due diligence meetings for prospective and existing clients and assists RISQ if requested.

Performs and provides analyses on:

• Client strategies and trading patterns
• Risks in client portfolios: market risk (systemic, idiosyncratic or dislocation/basis risks), liquidity and concentration risks, wrong way risk, etc.
• Margin coverage relevance
• Margin period of risk relevance
• Scarce resource usage if required

Ensures relevance of Risk framework by engaging in on-going discussions with clients regarding their activity.Identifies emerging risks (market events, client-related early warnings) and escalates to MARK senior management and RISQ.Participates in implementing specific post-conditions (for example if a framework/a limit is approved with post-conditions) and/or exceptions if needed. Ensure such post-conditions and/or exceptions are monitored, annually reviewed and renewed.Ensure clients exposures are in line with global frameworks (e.g., financing envelopes for specific assets, CCP limits, etc.)Ensure Front Office is trained on the CCR Framework.Risk Limits:Proposes new limits and / or renewals on upcoming expired limits to MARK senior management and RISQ for validation.Participates in Account Closure and Renewal Processes (Limits and Sponsored Direct Market Access “SDMA” connections).Reviews and provides recommendation for Complex Transactions (e.g., Alternative Risk Transfers, etc.)Monitoring / Reporting & Overshoot Management:Ensures first level monitoring on EOD risk and agency specific limits.Comments overshoots and prepares remediation plans in concert with Front Office for FCC clients.

Profile requiredCompetencies:Required:

Analytical capability and Problem solving: Able to break down complex problems into simple manageable units, develops solutions for each unit, and integrates them back into the whole. Can absorb ideas quickly and apply them pragmatically.Results oriented: participates in setting goals and meets deadlines to bring value to FCC and MARK while maintaining high quality work product and safeguarding the bank.Interpersonal effectiveness: is self-aware of own behavior and work style, as well as tolerant of different needs and viewpoints. Demonstrates interest, consideration and respect in others opinions.Communication Skills: excellent verbal, writing and presentation skills with the ability to interact with stakeholders and ability to relay complex technical concepts to both technical and non-technical audiences. Ability to present and escalation issues to Senior Management.Client focused with strong advisory skills.Organized, detail oriented and eager to learn.

Technical Skills & Knowledge:Required:

Solid knowledge of financial markets and financial products.Good knowledge of vanilla derivatives.Good knowledge of financial risk, margining and portfolio analysis techniques: VaR models, Stress Testing, Greeks.

Nice-to-have:

Familiar with databases and business intelligence (e.g., Tableau, Power BI, etc.)Programming in Python.Good knowledge of Excel.

Qualifications (Experience & Education):Required:

Bachelor’s degree in finance, Economics, Engineering or Mathematics.5-7 years in risk management, preferably in market risk, model risk or hedge fund risk.Must be a self-starter and be able to operate independently in a fast-paced environment.Proven change management abilities.

Nice-to-have:

Master’s degreeGood knowledge of Prime BrokerageGood knowledge of Hedge Funds

Required Registrations :3 & 7 preferred

Why join usBusiness insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.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. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)DIVERSITY, INCLUSION & BELONGING (“DIB”):Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link:https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.