Trainee - xVA Trader - #1721189

Reference 25000B9Z

Responsibilities

Description of the Business Line or Department

The Fixed Income & Currencies (FIC) division gives access to a large scope of exposure and opportunities across the Interest Rate, Foreign Exchange, Inflation and Multi-asset universes.

Supported by extensive research, engineering, trading and e-commerce capabilities, we offer strategic insights strategy, flow information, competitive pricing, and seamless execution to our clients across dates, credit, FX, and emerging markets.

Summary Of The Key Purposes Of The Role

• Assisting xVA traders with daily tasks
• Contributing to projects led by the team manager
• Assisting with xVA management
• Working with research and development teams to improve xVA pricers
  
  

Summary Of Responsibilities

• Assisting xVA traders with pricing on derivatives for all asset classes traded within Capital Markets
• Explaining pricing assumptions and calculation to Capital Markets sales and trading teams
• Monitoring, in collaboration with support teams, the xVA fee workflows
• Helping xVA traders with optimizing existing derivatives portfolios to reduce CVA, CVaR, capital and funding costs
• Helping to implement and monitor the process for internal and external optimisation tools
• Contributing to the development of pricing and risk management systems for xVA
  
  

Required

Profile required

Competencies

• The ideal candidate will hold a degree or equivalent in a Finance / Mathematics related discipline
• Derivatives pricing experience highly advantageous
• Good understanding of counterparty exposure calculation
• Good basic knowledge of regulatory constraints
• Good basic knowledge of scarce resources constraints impacting Global Markets
• Excellent level of written and spoken English essential
• Ability to work autonomously and manage own workload
• Ability to organise own time and work to strict deadlines in a busy Front Office environment
  
  

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

Diversity and Inclusion

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, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.