Internship - Market Analysis and Certification

Societe Generale; New York (NY); Ibrido; USD 90.000 - 140.000; Tempo pieno

Descrizione del lavoro

Societe Generale is seeking a Market & Certification Analyst to work with trading teams and certify risk measures, P&L, and regulatory metrics. The role involves backtesting VaR, producing dashboards, and liaising with Front-Office and Risk teams.

You will leverage VBA and Python to enhance risk processes, create insights, and support transversal regulatory projects in a hybrid work environment in the US.

Competenze

• Strong interpersonal skills
• Handle various ad-hoc requests
• Prone to take initiatives
• Reactive, detail-oriented, driven to work in a fast learning environment
• Solid verbal and written communication skills
• Ability to prioritize and work in a dynamic, deadline-focused environment
• Self-motivated and proactive
• Willingness & a strong desire to learn

Mansioni

• Work closely with trading teams to develop knowledge of their business and clients
• Produce and certify Greeks and sensitivities to risk factors
• Monitor and certify Stress-Tests and regulatory metrics such as VaR
• Backtest VaR
• Explain risk exposure and/or business performance to partners
• Monitor risk limit consumptions and follow-up limit breaches with Front-Office and Risk management
• Certify Profit & Loss and Income Attribution of the trading desk
• Publish commentary about Daily and Monthly P&L to senior management
• Reconcile month end Economic P&L to the general ledger
• Liaise with other departments on transversal/regulatory projects
• Enhance P&L/Risk processes and systems using VBA/Python
• Create daily and weekly dashboards to monitor trading activity

Conoscenze

Interpersonal skills

Initiative

Detail-oriented

Communication skills

Prioritization

Self-motivation

Learning mindset

Proactive

Strumenti

VBA

Python

Descrizione del lavoro

Responsibilities

The MMG Group is searching for a Market & Certification Analyst.

The traded financial instruments include bonds, ETF, Indexes and Fixed Income products such as forex, Options, , Swaps, CDS, Currency transactions and structured products.

• Working closely with the trading teams to develop a deep knowledge of their business and clients;
• Production and certification of Greeks and sensitivities to different risk factors
• Monitoring and certification of Stress-Tests and regulatory metrics such as Value-at-Risk;
• Contribute to the backtesting of the VaR;
• Specific analysis to explain risk exposure and/or business performance to our different partners
• Monitoring of risk limit consumptions and follow-up of limit breaches with Front-Office and Risk management;
• Certification of the Profit & Loss and Income Attribution of the trading desk;
• Publish commentary about the Daily and Monthly P&L to senior management;
• Reconciliation of month end Economic P&L to the general ledger;
• Liaison with other departments to work on transversal and regulatory projects;
• Continuous enhancement of P&L/Risk processes and systems using VBA/Python for macros and ITEC teams for the global industrialized tools;
• Creation of daily and weekly Dashboards in order to better monitor the trading activity;

Required

Profile required

Required:

• Strong interpersonal skills
• Handle various ad-hoc requests
• Prone to take initiatives
• Reactive, detail-oriented, driven to work in a fast learning environment
• Solid verbal and written communication skills
• Ability to prioritize and work in a dynamic, deadline-focused environment
• Self-motivated and proactive
• Willingness & a strong desire to learn

Business 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/)

D&I:

Our Diversity & Inclusion 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 Diversity & Inclusion 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

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

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.