Fixed Income Market Risk Officer, Trading Desk Monitoring

Responsibilities

The MMG Group is searching for an experienced Fixed Income Market Risk Officer to join the team. The traded financial instruments include bonds, ETF, Indexes and Fixed Income products such as forex, Options, Swaps, CDS, Currency Transactions and Structured Products.

Day to Day Responsibilities Include:
Working closely with the trading teams to develop a deep knowledge of their business and clients;

Production and certification of Greeks and sensitivities to different risk factors

Monitoring and certification of Stress-Tests and regulatory metrics such as Value-at-Risk;

Contribute to the backtesting of the VaR;

Specific analysis to explain risk exposure and/or business performance to our different partners

Monitoring of risk limit consumptions and follow-up of limit breaches with Front-Office and Risk management;

Certification of the Profit & Loss and Income Attribution of the trading desk;

Publish commentary about the Daily and Monthly P&L to senior management;

Reconciliation of month end Economic P&L to the general ledger;

Liaison with other departments to work on transversal and regulatory projects;

Continuous enhancement of P&L/Risk processes and systems using VBA/Python for macros and technology teams for the global industrialized tools;

Creation of daily and weekly Dashboards in order to better monitor the trading activity

Profile required

Technical Skills:
At least 3 years of experience working for a financial services company focused in asset backed products, mortgage and fixed income

Strong analytical and mathematical skills

Proficient VBA/SQL programming

Python programming

Competencies:
Strong interpersonal skills

Handle various ad-hoc requests

Prone to take initiatives

Reactive, detail-oriented, driven to work in a fast learning environment

Solid verbal and written communication skills

Ability to prioritize and work in a dynamic, deadline-focused environment

Self-motivated and proactive

Willingness & a strong desire to learn

Educational Requirements:
Master in Financial Engineering or Finance

Risk Management

Employees should understand the institution’s approach to risk management and their respective roles in supporting a strong risk culture, as outlined in the SGUS Operations Enterprise Risk Management Framework.

Our Culture

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

Business insight

The mission of the RISQ Division in the Americas is to create value by actively contributing to SG Americas and SG Group’s goal of achieving sustainable and predictable growth. To do so, RISQ provides constructive effective challenge to the business lines, leveraging its expertise, cutting edge risk management techniques as well as RISQ’s ability to deliver effective solutions and synergies.

The Risk division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively capital markets oriented.

Within RISQ, the Metrics Monitoring Group’s(MMG) major missions are to meet the regulatory challenges of tomorrow, to support the development of the business lines and to enable the Group to meet its ambitions in terms of client satisfaction and efficiency. We provide financial analysis and reporting to the different partners and stakeholders: Finance, Front-Office and Risk Management divisions.

This position is an integral part of the support team MMG, dedicated to the Fixed Income business line Global Markets at SG Americas offices in New York City. The main missions of the team are to:

Produce, certify and publish the risk and P&L metrics of the trading desk;

Help traders understand and manage their positions and risks through various reports and analysis;

Be a major contributor to the different regulatory projects that impact the bank.

The position is also located on the trading floor

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.

Reference: 210008W4

Entity: SG AMERICAS OPERATIONAL SECURITIES

Starting date: immediate

Publication date: 2021/04/30