Fxo Senior Trader - London, United Kingdom - Société Générale

Société Générale

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Responsibilities:

Description of the Business Line or Department

The Global Markets functions is a trusted partner to external clients (Corporates, Financial institutions and Asset Managers) in market activities, offering a cross-expertise in Research, Investment and Risk Solutions, Execution and Prime Services.

FIXED INCOME & CURRENCIES

A SOLUTIONS & DERIVATIVES HOUSE

The Fixed Income department at Societe Generale aim at providing a full set of services to Institutional and Corporate clients that will support their investment or risk management targets.

Thanks to market-leading research, engineering, trading and e-commerce capabilities, our clients benefit from strategic insights, flow information, competitive pricing and seamless execution across rates, credit, FX, and emerging markets.

We design solutions for our clients, capitalising on the full spectrum of fixed income and currencies products and services.

CREDIT

LINKING BORROWERS TO INVESTORS FROM ORIGINATION TO DISTRIBUTION

We service our clients on the full credit spectrum from Investment Grade to High Yield and X-Over and on cash as well as indices, options and singe name CDS.

GLOBAL FX & EMERGING MARKETS EUROPEAN MARKET LEADER WITH EMERGING MARKET FOCUS

Our clients can tap our capacity to execute large FX deals.

We also offer a global coverage on all major currencies, and the local access of our global emerging markets platform spanning CEE, Asia, Africa and Brazil.

RATES

ACCESS TO CASH AND DERIVATIVES
Through packaged trade ideas or flawless execution, we offer our clients the best of our trading and structuring expertise. Our capabilities span from derivatives to government, agency & supranational securities to covered bonds, inflation-linked products and ETFs.

Summary of the key purposes of the role

Act as a market maker in the FX Options product space, servicing customers with quoting, trade ideas and liquidity
Actively hedge the risks of the FXO books
Ensure appropriate communication and smooth transition with FXO traders across the 3 centers. (US, Asia, Europe)

Summary of responsibilities
Client Coverage Responsibilities (Internal and External Clients including market participants)

Develop long term relationships with clients based on trust and professionalism
Build, foster and cultivate client relationships in line with regulatory requirements
Develop SG profile in the market through trading volumes and market presence, enhance individual and amonst clients as reliable market maker
To further improve SG market share and reputation through professionalism, discipline and attention to risks e.g. compliance, market, credit, legal, reputation.
Provide reliable backup and support as required for other traders within the team
Maintain and develop strong interactions for both internal stakeholders (e.g. Sales, GLFI, Syndicate, research, compliance, middle/back office, IT, Eng and Risq etc.) and our customers.
Develop the client franchise by having strong interaction with the sales and engineer teams as required. Work in partnership with sales team to communicate market flows, trade ideas and any relevant trading information to support revenue generation.
Actively support sales staff with client pitches as required to contribute to revenue generation
Pricing and execution of relevant product transaction on behalf of SG Clients. Making sure that all procedural guidelines e.g. Mifid, risk controls and product governance are observed.
Develop trading strategies and assist sales in developing pricing models as required
Grow the business in line with the SG group objectives and in cooperation with other stakeholders. In particular regarding the regulation and business principles, and the development of our customer franchise.
Review and oversee optimization of capital and leverage costs

Product Scope Responsibilities

Pricing and execution of relevant product transaction on behalf of SG Clients. Making sure that all procedural guidelines e.g. Mifid, risk controls and product governance are observed.
Take order and execute on behalf of clients in accordance with SG Trading handbook and/or Sales Handbook, risk and credit limits, SG compliance policies and regulatory guidelines.
Manage his/her book and hedge risk appropriately
Implement team business plan to develop SG business as directed
Actively support enhancing IT development of tools and systems to develop SG's trading capability and efficiency (e.g. automation, pricing engines, development of analytical toold and new hedging as applicable)

Knowledge Management Responsibilities

Maintain understanding of financial markets, competitors and clients to develop own trading position.
Maintain up to date intelligence on market initiatives and products in the trading environment

Risk Management Responsibilities