Market Risk Officer - Associate

SGS Société Générale de Surveillance SA • New York, NY, United States • $200k - $250k / year • 2h ago

Responsibilities

Produce, certify and publish the risk and P&L metrics of US business lines;
- On a daily basis, aggregate and certify market risk metrics at SGUS, FIC, and EQD level (VaR, Stress tests, sensitivities, etc.)
- Monitor risk limit consumptions and follow up on breaches with Front-Office and Risk management;
- Certify the Profit & Loss and Income Attribution for FIC and EQD business lines
- Publish commentary about the different metric highlights to senior management;
Provide support to Front Office and risk managers to understand positions and risks through various reports and analysis;
- Create daily and weekly dashboards to better monitor trading activity;
- Work efficiently with different teams to answer business needs and improve desk processes
- Continuously enhance P&L/Risk processes and systems using programming (VBA, Python, etc.) for macros and IT teams for global industrialized tools;
- Develop and improve dashboards using PowerBI

Profile Required

Division Description:
The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage, and monitor risk-taking activities with the objective of achieving, together with the first line of defense, the best possible outcome for the bank. The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.

Our team provides financial analysis, reporting, and certification to different partners and stakeholders: Finance, Front-Office, and Risk Management divisions.

The position is an integral part of the Metrics Monitoring Group (MMG) within the RISQ division, dedicated to the Equity and Fixed Income Derivatives business line of Global Markets at Societe Generale Americas offices in New York City.

Joining MMG is an opportunity to acquire and develop strong technical knowledge of various products traded by the fixed income derivatives team, develop expertise on PnL analysis, income attribution, and risk metrics including Value at Risk and Stress Test.

The role offers extensive partnership with all essential teams who manage these transactions for the bank (including traders, risk managers, developers, Middle Office, etc.) and exposure to a broad range of functional teams.
It will allow you to build a broad and deep understanding of the value chain.

The position is located directly on the trading floor within the fixed income business lines.

Skills and Qualifications:

Must Have:

Knowledge of derivative instruments
Strong analytical and mathematical skills
Proficient in VBA/Python programming
Strong interpersonal skills
Ability to handle various ad-hoc requests
Proactive and initiative-driven
Detail-oriented and able to work in a fast-paced environment
Solid verbal and written communication skills
Ability to prioritize and work in a dynamic, deadline-focused environment
Self-motivated and proactive
Willingness and a strong desire to learn
Master’s degree in Financial Engineering or Finance

Nice to Have:

Knowledge of volatility instruments would be a plus
Familiarity with BI tools (Tableau, PowerBI)
Understanding of machine learning algorithms
Experience in a financial industry company with good knowledge of Fixed Income risk and P&L metrics

Why Join Us

Our Culture:
At Societe Generale, we live by our four 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.

Diversity & Inclusion:
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision:
• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

Hybrid Work Environment:
For most positions, Societe Generale offers a hybrid work arrangement that allows employees the flexibility to work remotely, as well as on-site, to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

Compensation & Salary Range:
Base salary range does not include overtime pay, bonus, and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

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