Junior Quantitative Specialist

Societe Generale; New York (NY); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) match

Medical / Dental / Vision

Fertility benefits

Job summary

Societe Generale in New York seeks a Junior Quantitative Analyst to join the AMER quants team. This foundational role builds long-term depth and expertise, working closely with senior quants on derivatives pricing, risk metrics, and model validation.

You will support pricing models, SIMM related work, and maintain internal tools. Proficiency in Python and a strong academic background are expected, with at least one year of experience.

Qualifications

• 1+ year of experience in quantitative analysis or related field.
• Exposure to derivatives pricing models and SIMM is a plus.

Responsibilities

• Support senior quants in derivatives pricing model documentation and validation tasks.
• Help maintain and improve internal quant tools and scripts used for pre-trade by trading desks (both FIC and EQD).
• Perform periodic model performance monitoring: backtesting, benchmarking, and exception reporting in line with model risk management (MRM) policy.
• Address client queries related to UMR and SIMM calculations.
• Assist in building and maintaining a clean, well-documented knowledge base internally in ARD.
• Provide support to trading on the ARD tools locally in AMER.
• Build expertise on pricing models, SIMM, regulatory frameworks, and margin models.
• Participate in documentation and process improvement.

Skills

Quantitative skills

Derivatives pricing knowledge

Python programming

Education

Master's degree in finance or mathematics

Tools

Python

Job description

Responsibilities

We are seeking a Junior Quantitative Analyst to work along with the FIC and EQD quants in AMER. This is foundational role designed to build long-term depth, continuity and expertise within the team.

Responsibilities

We are seeking a Junior Quantitative Analyst to work along with the FIC and EQD quants in AMER. This is foundational role designed to build long-term depth, continuity and expertise within the team.

The candidate will work closely with senior quants across derivatives pricing, margin models and pricing models monitoring (MRM), gradually taking ownership of key recurring items.

Main Responsibilities

• Support senior quants in derivatives pricing model documentation and validation tasks
• Help maintain and improve internal quant tools and scripts used for pre-trade by trading desks (both FIC and EQD)
• Perform periodic model performance monitoring: backtesting, benchmarking, and exception reporting in line with model risk management (MRM) policy
• Address client queries related to UMR and SIMM calculations
• Assist in building and maintaining a clean, well-documented knowledge base internally in ARD
• Provide support to trading on the ARD tools locally in AMER.
• Build expertise on pricing models, SIMM, regulatory frameworks, and margin models
• Participate in documentation and process improvement

Technical Skills

• Strong quantitative and analytical skills
• Knowledge of derivatives pricing and risk metrics
• Programming skills (Python preferred)

Experience

• 1+ years of experience with strong academic background
• Exposure to pricing models, SIMM is a plus

Education

• Master's degree in finance, Mathematics, or related field

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.

• 401(k) plan with company match
• medical/dental/vision
• other benefits for fertility, wellness, student loans and commuters