Logo
SGS Société Générale de Surveillance SA

Senior Sales Trader - Director

SGS Société Générale de Surveillance SA, New York, New York, us, 10261


ResponsibilitiesLeadership role with team management responsibilities: As Team leader, ensure that a proper and complete management of the perimeter is effectively performed and that each member of the team delivers while respecting their risk and compliance mandate at all time and will have very good knowledge of any local regulation binding on the team.CCM Responsibilities:Accountable for full adherence and compliance with the investment policies which includes CFTC rule 1.25 and SEC Rule 15c3-3 on all customer assets deposited as a result of SGAS FCM and Securities prime brokerage activitiesAccountable for adherence and compliance with IIROC regulation as regards SGCC FCMResponsible for the protection and investment / placement of customer cash and non-cash collateral in full collaboration with Treasury, Operations and Finance departments including immediate escalation of any regulatory, operational or trading issuesOptimize customer cash and non-cash collateral across external and internal counterparties, fixed income reverse repo trading, CCPs, banks and carrying brokers with expectations to meet performance targetsManage borrowings from Treasury including optimizing placements / investments and returnsExecute forex hedging to support single currency margining productEnsure adherence to trading risks (DV10, VaR, stress testing) in collaboration with the Risk management departmentEvaluate and analyze market conditions, regulations and financial information to identify investment opportunitiesResponsible to analyze data from multiple sources, prepare and distribute reports as well as to automate / simplify processes as neededParticipate in CCP and exchange collateral meetingsManage the day-to-day risk, position management, risks follow-up and Profit & Loss (PNL) explanationActively support enhancing IT development of tools and systems to develop SG’s trading capability and efficiency (e.g. automation, pricing engines, development of analytical tools and new hedging as applicable)Maintain understanding of CFTC rules, financial markets evolution, and CCP rulebook to develop own trading position.Fund regulatory buffers on behalf of the Prime business (Residual Interest, structural borrowings)Maintain up to date intelligence on market initiatives and products in the trading environmentFinancing Solutions ResponsibilitiesProvide short coverage and long financing on securities to external clients through internal desksProvide short term financing solutions to Prime clients (Hedge Funds, PTGs, AMs)Work closely with other teams to build interactions and synergies on secured financingDevelop strategies to increase a book of business in a sustainable way targeting diversified and recurring revenue.Optimize the global book position and scarce resources (mainly cash consumption, liquidity ratios, balance sheet).Manage the day-to-day risk and underlying positions, monitor and perform risks metric follow-up and Profit & Loss (PNL) explanation.Provide market color and money market updates to client as part of their Prime experience.Contribution to transformation projects:Contribute to project or initiative to rationalize and automate the Front Office to Back Office processes to optimize operational efficiency and reduce operational risk.Contribute to project or initiative to build / transform securities pb platform to overall improve client experience, grow the platform and secure the way of doing business.Profile requiredTechnical Skills:•

Understanding of trading and risks related to fixed income, equity and foreign exchange markets, as well as money markets, government securities and repo / reverse repo investments•

Strong analytical skills, diligent and detail-oriented•

Robust mathematics and technology skillsCompetencies:•

Leadership and Management Experience•

Highly collaborative – an open individual who can work successfully with multi-disciplinary, multi-national teams•

Self-motivated high achiever driven to exceed expectations, with the highest personal standards in regards to integrity and confidentiality•

Demonstrated ability to build relationships within a large organization and partner with sales, traders and structuring teams to be able identify P&L generating opportunities and to maximize team productivity•

Strong communication skills – articulate and able to communicate clearly with management and regulators.Experience Needed:Over 10 years of experience in a global bank, Future Commission Merchants (FCMs) and / or Broker Dealers (BDs)Proficiency of regulatory rules (CFTC, SEC, IIROC) governing client asset, in particular the protection of customer assets and all segregation rules (CFTC & SEC)Knowledge of balance sheet (US GAAP, Basel Level) and other scarce resource constraints RWAs, Leverage, LCR and NSFRFamiliarity of CCP and exchanges practices for exchange traded derivatives and market risk metricsEducational Requirements:Bachelor's degree in Financial Engineering, Finance, Economics, a related field or the equivalent thereof.

#J-18808-Ljbffr