eFX Trader - Corporate & Investment banking - New York, New York, United States

Societe Generale

$120K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 3 years in quantitative trading with FX instruments
  • Bachelor's degree in Finance, Financial Engineering, Math, Computer Science, Business Administration, Economics, or related field
  • Experience in analyzing trading performance and implementing improvements
  • Hands-on experience with FX market-making, pricing, and hedging
  • Familiarity with FX trading venues and technologies like Bloomberg and Reuters

Responsibilities

  • Trade and manage risk across FX and derivatives instruments with market awareness
  • Act as book-runner managing inventory risk and executing in FX markets
  • Maintain and grow client relationships and engagement
  • Conduct data-driven analysis on eFX performance and market behaviors
  • Drive monetization of trading strategies under various constraints
  • Collaborate with Quant teams on trading strategy and model enhancements
  • Contribute Python tools for analytics and workflow automation

Benefits

  • 401(k) plan with company match
  • Comprehensive medical, dental, and vision coverage
  • Additional benefits for wellness, fertility, and student loans
  • Flexible commuter benefits
  • Eligibility for an annual discretionary bonus
Full Job Description
Responsibilities
  • Trade and manage risk across FX Spot, NDFs, Futures, Forwards, and Swaps, with strong awareness of market conditions and liquidity dynamics.
  • Act as a book-runner, actively managing inventory risk, reacting quickly to market movements, and executing efficiently across FX markets.
  • Maintain and grow relationships with clients, liquidity providers, and internal stakeholders, ensuring continuous connectivity and commercial engagement.
  • Conduct deep, data-driven analysis of the eFX franchise, including:
    • PnL decomposition
    • Historical and real-time volumes
    • Market impact and flow behavior
    • Market microstructure and data analysis
  • Drive proactive monetization of the franchise under volume, risk, and client constraints, ensuring sustainable and disciplined client follow-up.
  • Collaborate closely with the Quant team on model enhancements, pricing improvements, and trading strategy research.
  • Contribute Python-based tools to support post-trade analytics, research, and workflow automation.
  • Apply technical IT skills to support configuration updates, infrastructure workflows, and issue resolution in electronic trading environments.
  • Act as a team player, sharing findings, collaborating globally, and contributing to the collective performance of the desk.
Profile required
Division Description:

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.

Required Professional Experience
  • Minimum 3 years of combined experience in both Quantitative trading, including FX Spot, Forwards, Options, and NDFs in a global FX/eFX trading-floor environment.

Minimum Education
  • Bachelor's degree or U.S. equivalent in Finance, Financial Engineering, Math, Computer Science, Business Administration, Economics, or a related field.

Specific Experience Requirements
  • Trading Analytics & Market Understanding
    • Experience analyzing trading performance, identifying positive/negative trends, and implementing improvements across quantitative environments.
    • Ability to operate in coordination with global trading teams.
  • Market Making
    • Experience in pricing and hedging G10 and EM risk - Spot, Swaps, NDFs.
    • Daily position management, PnL monitoring, and pricing analysis.
    • Understanding of market microstructure, internalization logic, and risk offsets.
  • Liquidity & Execution Management
    • Hands-on experience with flow/venue routing, order execution logic, and strategy parameters.
    • Familiarity with liquidity usage, sweep logic, last look, and LP configuration.
  • Algo Execution & Market Structure
    • Experience operating and marketing FX Algo execution solutions.
    • Ability to advise clients on optimizing execution efficiency.
    • Familiarity with major FX trading venues and technologies, such as FXall, 360T, EBS, Reuters, Bloomberg, Currenex, Traiana/Harmony, BestX, TraderTools, FX Spot Stream, Broadway Technology, IX Protocol, etc.
    • Experience with FX OTC market structure, connectivity, and workflow design.
    • Experience collaborating with IT, development, and compliance teams to streamline electronic trade processing.
    • Any experience with Asian NDF markets to complement U.S. trading coverage.
    • Established network or relationship-building experience within the global FX market.

COMPENSATION:
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. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.

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