Junior Equity Derivatives Trader

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

Benefits offered by this job

401(k) plan with company match

Medical/dental/vision benefits

Wellness programs and fertility/studen

Student loan assistance

Job summary

Societe Generale is seeking a trader to execute and market-make equity derivatives including ETF and single stocks in US markets. The role supports hedge funds, asset managers, and banks with a focus on discretionary risk management and cross-team collaboration.

The candidate must have strong English communication, Excel and quantitative analysis skills, and the ability to manage daily operations while learning market dynamics and hedging strategies.

Qualifications

• Interests in trading, markets and stocks are required.
• Bachelor’s degree or equivalent; options trading experience is a plus.
• Strong communication and teamwork in a global trader environment.
• Proficient in English for daily professional communication.
• Proficiency with Excel and quantitative analysis to improve trading.
• Detail orientation and ability to produce innovative operational solutions.

Responsibilities

• Trade execution and market making on equity derivatives and ETFs for multiple client types.
• Manage or assist in managing a derivatives portfolio with discretionary decisions.
• Learn portfolio dynamics and hedge with tradable instruments (stocks, options, other assets).
• Execute customer trades and coordinate with sales, structuring teams, and other traders.
• Conduct daily operations: pricing, risk checks, research ideas, and tool-building to optimize activity.

Skills

Trading interest

English communication

Teamwork

Decision making

Excel skills

Education

Bachelor's degree or equivalent

Tools

Excel

Job description

Reference 26000HWX

Responsibilities

• Trading and making markets (or assisting with) on various equity derivatives on ETF and single stocks in all US markets for various client types, including hedge funds, retail, private banks, asset managers etc.
• Managing or assisting in managing a portfolio of various types of derivatives, which requires a good amount of discretionary decision marking.
• The trader will be expected to have the ability to learn and understand the dynamic of the portfolio and the market, and hedge with tradeable instruments, including stocks, options, and products from various other asset classes.
• Execute customer trades.
• Talk to various stakeholders inside the firm to work on solutions, including but not limited to sales, structuring teams.
• The job will involve good amount of daily operational work.
• The daily work includes but is not limited to: marking parameters and managing pricing, booking and checking risk, understanding drivers of daily market movements, researching on trade ideas, and building tools to optimize all of the above.

Required

Division Description:

Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research. Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

Skills and Qualifications

Must Have

• Interests in trading, markets and especially single stocks are necessary.
• Bachelor’s degree or equivalent )options trading experience preferable but not necessary).
• Communication skill and teamwork is important, as the candidate will be expected to work with other traders in the team as well as various stakeholders in the firm globally.
• As the daily communication will be conducted in English, the ability to communicate in English in a professional setting is required.
• Technical skills required, especially around using Excel or statistical analysis tools to automate daily work and to perform quantitative analysis to improve trading performance.
• Willingness to be on top of various operation work in a detail-oriented manner. The ability to produce innovative solutions to reduce operational headwinds is also a necessity.

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/)

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.