EM FX Trader

Location: City of Rochester

Responsibilities RESPONSIBILITIES:
• Engage in pricing and hedging of EM and G-10 FX & Rate derivatives.
• Work closely with the sales team to develop the client franchise.
• Help develop quantitative tools and models to optimize trading, reduce risk, market impact and increase profitability of trading algorithms.
• Manage trading book including taking positions in capital markets as well as identifying and exploiting trading opportunities and hedging the risk.
• Evaluate systematic versus specific risk and measuring portfolio concentration.
• Manage risk in US underlying (including pricing, hedging, unwinding and monitoring).
• Implement a new workflow on the Trading Desk in New York by introducing technology and trading models that will increase our Principal Trading capacity, minimize risk, and improve overall client service and allow rapid growth of our product offering (Agency, Algorithmic, Principal, Certificates, etc.) both domestic and international clients.
• Pricing non-US trades for US customers during US hours.
• Quantitative Analysis: designing tools that will help analyze client portfolios in order to expand our Portfolio services. This product will need to be designed and marketed along our other products with the local sales force.
• Pricing Hub: setting up a pricing hub in New York for all risk products (US underlying, non-US underlying)
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:
• Must pass FINRA Series 7, Series 3 and Series 63 licensing after commencement of employment
• Minimum 2 years of experience at a financial institution on a trading desk that manages at least $20 million in customer commissions
• Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams
• High achiever driven to exceed expectations, with the highest personal standards in regard to integrity and confidentiality
• Demonstrated ability to build relationships within a large organization and partner with other business heads

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.

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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 ()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…