Junior FX EM Trader, Analyst

Societe Generale; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

Societe Generale in New York seeks a junior quantitative trader support role to back senior EM & FX traders, handling daily tasks and mid-term projects. You will learn trading intricacies of FX and EM markets in preparation for a market making role.

You will help develop quantitative tools and models to optimize trading, reduce risk and increase profitability, and manage trade bookings and desk risk in collaboration with the sales team.

Qualifications

• Bachelor’s or Master's degree in Financial Eng, Physics, Mathematics, Computer Science, or similar
• 1-3 years relevant experience within MARK; sales or trading functions preferred
• VIE experience is highly valued
• Facile with internal SG systems such as Xone, SGM, Vulcan, Trading Suite preferred
• Highly collaborative, team player within multi-disciplinary, multi-national teams
• High achievers driven to exceed expectations, with the highest personal standards
• Demonstrated ability to build relationships within a large organization
• Must pass FINRA Series 7, Series 3 and Series 63 licensing after commencement of employment

Responsibilities

• Support senior EM & FX traders with daily responsibilities and medium-term projects
• Learning trading intricacies of FX and EM markets in preparation of market making trading role
• Help develop quantitative tools and models to optimize trading, reduce risk increase profitability
• Manage trade bookings, fixing positions and cumulative desk risk
• Engage in pricing and hedging of EM and G-10 FX & EM Rate derivatives
• Work closely with the sales team to develop the efx and voice client franchise
• Quantitative Analysis – systematic analysis of client flows to build trading strategies

Skills

Quantitative analysis

Trading experience

Team collaboration

Relationship building

Education

Bachelor’s or Master’s degree in Financial Eng/Physics/Math/CS

Tools

Xone

SGM

Vulcan

Trading Suite

Job description

• Support senior EM & FX traders with daily responsibilities and medium-term projects
• Learning trading intricacies of FX and EM markets in preparation of market making trading role.
• Help develop quantitative tools and models to optimize trading, reduce risk increase profitability
• Manage trade bookings, fixing positions and cumulative desk risk
• Engage in pricing and hedging of EM and G-10 FX & EM Rate derivatives.
• Work closely with the sales team to develop the efx and voice client franchise.
• Quantitative Analysis – systematic analysis of client flows to build trading strategies.

Reference 26000ICH

RESPONSIBILITIES

• Support senior EM & FX traders with daily responsibilities and medium-term projects
• Learning trading intricacies of FX and EM markets in preparation of market making trading role.
• Help develop quantitative tools and models to optimize trading, reduce risk increase profitability
• Manage trade bookings, fixing positions and cumulative desk risk
• Engage in pricing and hedging of EM and G-10 FX & EM Rate derivatives.
• Work closely with the sales team to develop the efx and voice client franchise.
• Quantitative Analysis – systematic analysis of client flows to build trading strategies.

Required

Profile 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:

• Bachelor’s or Master's degree in Financial Eng, Physics, Mathematics, Computer Science, or similar
• 1-3 years relevant experience within MARK; sales or trading functions preferred
• VIE experience is highly valued
• Facile with internal SG systems such as Xone, SGM, Vulcan, Trading Suite preferred
• Highly collaborative, team player within multi-disciplinary, multi-national teams
• High achievers driven to exceed expectations, with the highest personal standards
• Demonstrated ability to build relationships within a large organization
• Must pass FINRA Series 7, Series 3 and Series 63 licensing after commencement of employment

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.