Junior Equity Derivatives Trader - Corporate & Investment banking - New York, New York, United States

Societe Generale

$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent; options trading experience is preferred but not necessary.
  • Strong interest in trading, particularly with equity derivatives and single stocks.
  • Excellent communication skills, with a focus on teamwork across global stakeholders.
  • Technical proficiency in Excel and statistical analysis for automating workflows and performing quantitative analysis.
  • Detail-oriented with a proactive mindset to address operational challenges.

Responsibilities

  • Trade and create markets for equity derivatives on ETFs and single stocks across US markets.
  • Manage or assist in managing a diverse portfolio of derivatives, necessitating discretionary decision-making.
  • Adapt to the dynamic nature of the portfolio and market by hedging with tradeable instruments.
  • Execute trades for customers efficiently and accurately.
  • Collaborate with internal teams, including sales and structuring, to develop tailored solutions.
  • Engage in daily operations including risk management and pricing, as well as researching trade ideas.
  • Build analytical tools to enhance trading performance and operational efficiency.

Benefits

  • Comprehensive training and development programs to enhance trading skills.
  • Exposure to a global environment within a leading financial institution.
  • Opportunities for teamwork and collaboration across various teams and stakeholders.
  • Access to advanced trading technologies and tools for enhanced market execution.
Full Job Description
ResponsibilitiesRESPONSIBILITIESResponsibilities: • Trading and making markets (or assisting with) on various equity derivatives on ETF and single stocks in all US markets for various client types, including hedge funds, retail, private banks, asset managers etc.• Managing or assisting in managing a portfolio of various types of derivatives, which requires a good amount of discretionary decision marking.• The trader will be expected to have the ability to learn and understand the dynamic of the portfolio and the market, and hedge with tradeable instruments, including stocks, options, and products from various other asset classes.• Execute customer trades.• Talk to various stakeholders inside the firm to work on solutions, including but not limited to sales, structuring teams.• The job will involve good amount of daily operational work.• The daily work includes but is not limited to: marking parameters and managing pricing, booking and checking risk, understanding drivers of daily market movements, researching on trade ideas, and building tools to optimize all of the above.Profile requiredDivision 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.Skills and Qualifications:Must Have: • Interests in trading, markets and especially single stocks are necessary.• Bachelor's degree or equivalent )options trading experience preferable but not necessary).• Communication skill and teamwork is important, as the candidate will be expected to work with other traders in the team as well as various stakeholders in the firm globally.• As the daily communication will be conducted in English, the ability to communicate in English in a professional setting is required.• Technical skills required, especially around using Excel or statistical analysis tools to automate daily work and to perform quantitative analysis to improve trading performance.• Willingness to be on top of various operation work in a detail-oriented manner. The ability to produce innovative solutions to reduce operational headwinds is also a necessity.

Similar Jobs

More Jobs at Societe Generale

More Finance & Insurance Jobs

Find similar Junior Equity Derivatives Trader - Corporate & Investment banking - New York, New York, United States jobs: