Junior Delta One Trader

Job description

Environment

Société Générale (SG) CIB is the Investment Banking arm of Société Générale, the French bank with over 160,000 staff operating on a global basis across its three main businesses; Corporate & Investment Banking, Retail Banking and Specialized Financial Services.

SG CIB comprises approximately 13,000 professionals worldwide. Its Global operations are headquartered in Paris, with major regional trading centers in London, New York and Hong Kong. SG CIB operates through three main business lines:
- Global Markets (MARK) – Focused on the financial needs of institutional investors
- Global Coverage (CORI) – Focused on client relationships, advisory and issuance
- Global Financing (GLFI) – Focused on the financial needs of issuers

This position will be part of the Investment Banking arm of Société Générale (SGCIB), specifically the Global Equity Flow (GEF) department in New York.

The SGCIB/GEF desk offers to regional and worldwide customers flow and derivatives opportunities on a broad range of products, encompassing stocks, indices, warrants, Exchange Traded Funds and execution services on US markets.
Serving mainly institutional and retail investors, we provide reliable and competitive hedging solutions and risk management strategies. Capitalizing on our true global platform, SG CIB provides round-the-clock extensive pricing capabilities on derivatives, denominated in all major currencies.
More precisely, this position will be integrated within the Indexation Trading and ETF Market Making desk.

Mission

As a junior analyst, the main missions will be to:

• Learn and master delta one products, pricing, risks and hedging.
• Help with the operation of the activity with major operational tasks.
• Monitor the daily production tasks and improve our setup.
• Further improve the tools used to price and analyze client transactions, optimize inventory usage, improve balance sheet profitability and manage funding constraints.
• Help traders in the monitoring of the market environment by collecting news and intelligence in order to provide the facts on which to base trading decisions and products pushes, this includes Repo, Funding and Dividends parameters.

Desired profile

Profile

Competencies:

Required: Rigor, team player, reliable, hard worker, entrepreneurial spirit, able to think fast under pressure, strong knowledge of derivatives products.

Technical skills:

Required: Excel, VBA
Desired/ Plus: Bloomberg, Python, C#

Prior Work Experience:

Desired/ Plus: prior experience on a delta one desk, knowledge of Latam market and specificities would be a plus.

Education:

Required: Graduate from Engineering School, Business School or Ivy League University, with major in Finance or Mathematics applied to Finance, or Computer science applied to Finance