Trader - Total Return Swaps - VPPermanent contractNew York, United States

Trader - Total Return Swaps - VP

Permanent contract New York Corporate & Investment banking

Trader - Total Return Swaps - VP

• New York, United States
• Permanent contract
• Corporate & Investment banking

Responsibilities

• Market Maker in US treasury / IG corporate TRS
• Add value to the SG fixed income franchise by growing our market share with key clients
• Evaluate and analyze market conditions, economic data and financial information to identify and define market trends / trading opportunities.
• Provide insightful commentary and market color to internal salesforce and engage directly with clients
• Manage risk in disciplined and value-additive manner within all SG approved limits
• Work closely with IT, Quant, and Algorithmic trading groups to ensure appropriate functioning of pricing and hedging tool
• Price, manage and hedge US treasury / IG corporate TRS flows in a disciplined manner using cash bonds, futures, ETFs, and swaps
• Liaise and communicate with sales teams to produce and present trade ideas
• Compete effectively on all e-trading platforms to maintain hit ratios and market share
• Work with algorithmic trading team and IT to enhance our e-trading footprint and capabilities
• Provide timely commentary / analysis on events affecting the rates market
• Collaborate with quantitative developers to develop trading tools and systems to help SG become more efficient in pricing and managing risk
• Communicate with clients on a regular basis to create trusted relationships and increased market share

Profile required

Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team.

The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering.

Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research.

Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

Technical Skills :

• Highly collaborative an open individual who can work successfully with multi-disciplinary, multi-national teams
• High-achiever driven to exceed expectations, with the highest personal standards in regards to integrity and confidentiality
• Demonstrated ability to build relationships within a large organization and willingness to be team player
• Must be quick in analyzing the client needs, risk for the bank and available liquidity to extract value from client flows
• Good communication skills with sales and other trading desks to be able identify revenue-generating opportunities
• Good communication with internal traders in NY and in other offices to maximize team productivity

Competencies :

• Strong analytical skills and good understanding of mathematics and yield curve models
• Solid market knowledge of USD rates and macroeconomics
• Strong technical skill, comfort with coding, and proven ability to translate trading concepts into IT-friendly language to help facilitate projects

Experience Needed :

• 2-5 years of experience trading in a global ban
• Bachelor's degree in Financial Engineering, Finance, Economics, Physics, a related field or the equivalent thereof.
30+ days ago