Repo (sales) Trader Assistant 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.

Description of the Business Line or Department
The Western European Repo Desk is one of the key trading desks within the Fixed Income division of Market Activities at Society Generale Corporate and Investment Banking. Its primary role is internally to ensure the financing and short-covering of all cash trader's positions within the Division, but first and foremost to service a wide range of clients externally, from Central banks to Asset Managers to Hedge funds, in all their securities-financing requests.

Mission

Your role
Summary of the key purposes of the role

• To help the desk run its day to day activity by ensuring the worksheets used for position and risk monitoring are up to date, and upgrade them when necessary
• To help repo traders finance and cover the fixed-income positions of the bank and manage the liquidity of the fixed-income books,
• To monitor all securities financing exposures and risk, ensuring they always remain within the limits defined.
Summary of responsibilities

• Ensuring that all tools at the disposal of the repo trading desk remain up to date
• Developing new ones whenever required
• Short covering and financing of fixed income debt
• Managing the liquidity of fixed-income books
• Ensuring that trading is always executed within trading limits, and input correctly and in a timely manner
• Ensuring that all communications and dealing with clients, directly or not, remain appropriate and within the remit of the sales-trader mandate
• Ensuring that compliance regulations are being adhered to at all times, to immediately notify compliance of any suspected or realised breach
• Keeping up to date with the evolution of products, markets, internal rules and regulation
• Ensuring that all documentation is completed in time and to the required standard

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 with a Master's degree from Business School or University in Mathematics/ Finance,
You ideally have a previous experience in a bank or financial institution.

• Good knowledge of Excel, knowledge of VBA programming
• Sound understanding of mathematical and financial terms and formulas
• Rigorous, rational thinker
• Autonomous
• Quick learner
• Able to work quickly and efficiently under pressure
• Team-spirited
• Good knowledge of financial markets
• Able to adapt to a changing environment
• Pro-active

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 .