Market Risk Officer – Fixed Income Monitoring

Responsibilities

Provide support to the traders to understand and manage their positions and risks through various reports and analysis;

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

Working closely with the trading teams to develop a deep knowledge of their business, clients and strategies;

Work efficiently with the different teams to answer the business needs and improve the desk processes

Continuous enhancement of P&L/Risk processes and systems using programming (VBA, Python, javascript, …) for macros and IT teams for the global industrialized tools;

Act as escalation point to solve complex issues regarding PnL and market risk metrics of the FIC desks;

Provide expertise on production and certification of Greeks and sensitivities to different risk factors (Delta, Gamma, Vega, Basis, Forex etc.);

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

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

Provide expertise on the Profit & Loss and Income Attribution methodologies and certification process of the trading desks;

Publish commentary about the different metric highlights to senior management;

Be fully part of the regulatory projects and their implementation in the bank

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

Most important risk topics like FRTB, IBOR transition, will be supervised and analyzed for trading, risk managers, and top management teams.

Profile required

Competencies

Strong interpersonal skills

Handle various ad-hoc requests

Prone to take initiatives

Reactive, detail-oriented, driven to work in 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 and strong desire to learn

Technical Skills

Knowledge of volatility instruments

Strong analytical and mathematical skills

Proficiency in Python programming

Prior Work Experience

Prior work experience in financial services with good knowledge of Fixed Income risk and PnL metrics

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 Monitorinc Group(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.

The risk professional sought for this position will work actively on key market risk and counterparty credit risk initiatives within the region. The Counterparty and Market Exposures analysis team works in coordination with other risk departments (asset class specialists, market and counterparty risk officers, enterprise risk teams) to ensure the risk management program is of the right standards and evolves in accordance with best practices.

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: 21000E7C

Entity: SG AMERICAS OPERATIONAL SECURITIES

Starting date: 2021/06/07

Publication date: 2021/04/30