Trader (Hybrid and Proprietary Indexes) Job at SGS Société Générale de Surveillance SA, New York, NY

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  • SGS Société Générale de Surveillance SA
  • New York, NY

Job Description

Trader (Hybrid and Proprietary Indexes) SG Americas Securities, LLC, New York, NY Responsibilities Monitor various risks of the books and ensure books are hedged in delta to mitigate risk. Assist the Quantitative Department and Research and Development (R&D) with the development of new pricing methodologies and models and perform risk validation for new payoffs on these models. Quote parameters to pricing teams responsive to client requests and deliver aggressive quotes. Maintain relationships with the worldwide sales team for all aspects of product sales, including pricing strategies and parameter aggressiveness, to develop and grow business. Implement models developed by R&D, validate new payoffs on these models, and monitor risk analysis reports. Check and validate daily PnL to ensure that risks associated with payoffs remain within normal limits. Hedge books in various sensitivities, including rates, fx, vega, and gamma. Use strong written and verbal communication skills to collaborate with Middle Office for booking of new trades and product control groups. Liaise with multiple internal teams such as Engineering & Sales, Quantitative Teams, Middle Office, and Products Control groups, and improve proprietary index processes through coordination with developer teams, colleagues, and interns. Qualifications Master’s degree or U.S. equivalent in Mathematics, Statistics, Finance, Economics, Financial Engineering, or a related field. 3 years of professional experience as a Trader, Trading/Quantitative Analyst, or similar role working with pricing methodologies and models, interest rate models, risk validation and management, and hedging at a global financial institution. 3 years of professional experience using pre‑trade pricing engines or post‑trade risk engines for hedging and risk management. 3 years of professional experience working with a range of assets including Bonds, Futures, IRS, CDS, and FX. 3 years of professional experience performing model analysis and validation (including models and payoffs). 3 years of professional experience developing and maintaining trading tools using VBA, Python, or SQL. 3 years of professional experience working directly with traders to develop new trading processes, identify and quantify risk, and test new pricing models. 2 years of professional experience managing proprietary index models tailored for the banking industry. 2 years of professional experience in trading equity derivatives, hybrid options, and exotic options. 2 years of professional experience with portfolio risk management, including running risk analysis, managing alerts, and preparing reports for trading desks. Compensation Salary: $179,088 – $500,000 per year. Base salary range does not include overtime pay, bonus, and/or other benefits, where applicable. The role is eligible for an annual discretionary bonus and includes a competitive benefits package. Employee Referral Program Incentives offered through the firm’s Employee Referral Program are applicable to this position. The program is described at #J-18808-Ljbffr SGS Société Générale de Surveillance SA

Job Tags

Work at office, Worldwide,

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