Pricing Rates Corporate- M/F-VIE
Société Générale
London, GB
1d ago

Environment

At Societe Generale, you will be joining the Global Markets division (MARK) of SG Corporate and Investment Banking. MARK offers a cross-

asset approach along all its offerings : Research, Investment & Risk Management Solutions, Execution and Prime Services to asset managers, pension funds, companies, private banks, insurance companies, hedge funds, family offices, sovereign funds and distributors worldwide.

Mission

Description of the Business Line or Department

The Engineering pricing team for Corporates provides tailor made derivatives solutions for CEEMEA Large Corporates taking into account our clients financial, accounting and legal constraints.

Summary of the key purposes of the role

  • Design, market and handle Interest Rate and Inflation Derivatives products and solutions
  • Provide fast and accurate pricing of the whole range of interest products
  • Act with rigour, high critical thinking and team spirit
  • Summary of responsibilities

    The VIE will focus on :

  • Trade idea generation / Product innovation
  • market intelligence : geographic activity monitoring of product popularity
  • spontaneously identify, analyze and pursue Rates / Inflation related business opportunities (eg. creation of a specific tool, new product or structure )
  • use of economic research reports : collect and incorporate economic rationale into product offering
  • organize and circulate deal information among sales and teammates, to foster pooling of interest and ideas
  • Pricing / Structuring
  • Propose, design and price Rates and Inflation structures to embed into global hedging solutions or investment products for clients
  • Compute technical margin, CVA, FVA
  • perform price simulations (either historical, prospective) : back-testing or forward-testing of hedging strategies
  • Work with quants and traders on development of pricing tools and automation of recurring pricing requests
  • Marketing
  • Contribute to building client pitches, product campaigns
  • Generation of attractive and comprehensive marketing documents and termsheets, with product description, benefits / risks simulations, market or economic rationale, accounting treatment
  • integration of IAS aspects in cooperation with internal specialists
  • Participating in external client meetings and advising, executing and pitching together with the sales and the senior members of the team client trades
  • Deal execution
  • coordination between sales and traders
  • margin strategy' (negotiation, minimum expected margin), ensure optimal use of risk limits
  • define optimized booking with operational teams for the structured solutions
  • ensure documentation is accurate and exhaustive (internal documentation, term-sheet, internal tickets, legal documentation, set-
  • up of booking and alerts, set-up of provisioning scheme, margin allocation method)

  • Other
  • Assist the rest of the team in the daily tasks, and provide technical support to sales teams
  • Profile

    Graduate with a Master degree from Business / Engineering school or University, majoring Finance.

    A previous experience in Investment Banking would be appreciated.

    You are fluent in English.

    Competencies

  • Knowledge of Applied Stochastic Mathematics
  • Knowledge of interest rate product range
  • Knowledge of main valuation models, main risk factors, and main orders of magnitude in risks
  • Good understanding of CVA, FVA concepts
  • Knowledge of Bloomberg, Excel and VBA
  • Quickness and responsiveness / Ability to work under pressure
  • Good aptitude for working in team
  • Creativity : either in trade idea generation or product design
  • High level of rigour and critical thinking The VIE assignment in a nutshell This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment.
  • It will last 12 months. The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space.

    For further information, please see .

    Evolution

    To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

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