FX Structuring M/F - VIE London

Job description

Environment

YOUR ENVIRONMENT

At Societe Generale, you will be joining the Global Markets division (MARK) of SG Corporate and Investment Banking. MARK offers a cross-asset approach along all its offerings : Research, Investment & Risk Management Solutions, Execution and Prime Services to asset managers, pension funds, companies, private banks, insurance companies, hedge funds, family offices, sovereign funds and distributors worldwide.

Mission

Your role


Description of the Business Line or Department
The FX Engineering pricing team provides tailor made derivatives solutions for Large Corporate and Financial Institutions taking into account our clients financial, accounting and legal constraints.
Summary of the key purposes of the role

• Design, market and handle FX Derivatives products and solutions
• Provide fast and accurate pricing of the whole range of interest products
• Act with rigor, high critical thinking and team spirit
Summary of responsibilities

The client scope for this activity will be:
• Corporate and FI Clients: Europe Middle East and Africa

The VIE will focus on:
• Trade idea generation / Product innovation
- Spontaneously identify, analyze and pursue FX related business opportunities (eg. creation of a specific tool, new product or structure…)
- use of economic research reports: collect and incorporate economic rationale into product offering

• Pricing/ Structuring
- Propose, design and price FX structures to embed into global hedging solutions or investment products for clients
- Compute technical margin, CVA, FVA…
- perform price simulations (either historical, prospective): back-testing or forward-testing of hedging strategies
- Work with quants and traders on development of pricing tools and automation of recurring pricing requests

• Marketing
- Contribute to building client pitches, product campaigns
- Generation of attractive and comprehensive marketing documents and termsheets, with product description, benefits/risks simulations, market or economic rationale, accounting treatment
- integration of IAS aspects in cooperation with internal specialists

• Other
Assist the rest of the team in the daily tasks, and provide technical support to sales teams

Evolution

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

Desired profile

Profile

Your profile

Graduate from a Business/Engineering School or University with a Master's degree in Finance/Mathematics

• Good knowledge of Applied Stochastic Mathematics

• Basic Knowledge of FX product range
• Knowledge of main valuation models, main risk factors, and main orders of magnitude in risks
• Basic Knowledge of CVA, FVA concepts
• Knowledge of Bloomberg, Excel and VBA (Python is a plus)
• Quickness and responsiveness / Ability to work under pressure
• Good aptitude for working in team
• Creativity: either in trade idea generation or product design
• High level of rigour and critical thinking

The VIE assignment in a nutshell
This VIE in Londonis to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12months.
The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com .