Internship - Junior Market Risk & Product Control

Societe Generale

3mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
New York City

Requirements

Technical Skills:
Understanding valuation components of derivatives instruments
Knowledge of Greeks(Delta, Gamma, Vega, Basis, Forex)
Strong analytical and mathematical skills
Proficiency in Python programming a plus, for the purposes of data manipulation, automation and/or debugging
Work Experience:
Prior work experience in financial services is a plus
Education:
Masters or Bachelor degree in Finance or applicable experience
Soft Skills:
Strong interpersonal skills
Handle various ad-hoc requests
Prone to take initiatives
Reactive, detail-oriented, driven to work in fast learning environment
Verbal and written communication skills
Ability to prioritize and work in a dynamic, deadline-focused environment
Self-motivated and proactive
Willingness and desire to learn

Responsibilities

Provide support to the traders to understand and manage their positions and risks through various reports and analysis;
Working closely with the trading teams to develop a deep knowledge of their business, clients and strategies;
Provide a deep analysis of trading desk positions and risk exposures;
Continuous enhancement of P&L/Risk processes and systems using Python
Oversight and escalation for resolution of day to day issues regarding PnL and market risk metrics of the FIC desks;
Gain expertise on certification of Greeks, P&L and sensitivities to different risk factors (Delta, Gamma, Vega, Basis, Forex etc.);
Monitoring of Stress-Tests and Regulatory metrics such as Value-at-Risk and Expected Shortfall;
Monitoring of risk limit consumptions and follow-up of breaches with Front-Office and Risk management;

Societe Generale

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Employees

Mission & Purpose

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses: - French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation; - International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets; - Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions. Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).