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.
MARK/FIC gives access to a large scope of exposure and opportunities across Interest Rate, Foreign Exchange, Inflation and Multi-asset universes
Supported by extensive research, engineering, trading and e-commerce capabilities, we offer strategic insights strategy, flow information, competitive pricing and seamless execution to our clients across dates, credit, FX and emerging markets.
During your VIE mission you will be in charge of these responsibilities:
- Assist xVA traders in pricing CVA/FVA on derivatives for all asset classes traded within MARK
- Explain pricing assumptions and calculation to MARK sales & trading
- Monitor, with the help of support teams, the xVA fee worklows
- Help xVA traders in optimizing existing derivatives portfolios to reduce CVA, CVAR, capital and funding costs
- Help to Put in place and monitor the process for internal and external tools to optimize IM (bilateral and clearing houses
- Contribute to the development of pricing and risk management systems for XVA. In particular XVA traders are responsible of testing new developments from the IT department.
Graduate with a Master degree from Business/Engineering school or University, majoring in Finance.
A previous experience in Investment Banking would be appreciated.
You are fluent in English.
You are proficient in Office application
Derivatives pricing experience
Understanding of counterparty exposure calculation
Basic knowledge of regulatory constraints
The VIE assignment in a nutshell
This VIE in London is 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 12 months.
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 .
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
Why Join Us
As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.
At the end of your VIE, various opportunities could be offered to you, in France and abroad.
At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.
Whether you're joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.
Job code: 20000G1K
Business unit: SG CIB
Starting date: 01/10/2020
Date of publication: 13/07/2020