Market Risk Product Control Specialist - Vice President

Société Générale - New York, NY

Full-time - Senior

Hybrid - New York, NY

Credit Intermediation and Related Activities

About the position

The Market Risk Product Control Specialist - Vice President role at Societe Generale involves working closely with trading teams to analyze and manage market risk and P&L metrics. The position requires a deep understanding of trading desk operations, risk exposures, and the ability to enhance risk processes using Python. The specialist will monitor stress tests, regulatory metrics, and provide insights to senior management, contributing to the overall risk management strategy of the organization.

Responsibilities

• 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
• Explain P&L by its attributes tying back to risk sensitivities
• Continuous enhancement of P&L/Risk processes and systems using Python
• Provide expertise on certification of Greeks, P&L and sensitivities to different risk factors (Delta, Gamma, Vega, Basis, Forex etc.)
• Monitoring and certification 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
• Provide explanation about the different metric highlights to trading and senior management
• Provide analysis and sign off of valuation and risk metrics for new products or major projects such as IBOR transition
• Work with other departments and Paris head office on transversal and regulatory projects

Requirements

• Masters degree in Finance or applicable experience
• Prior work experience in financial services with good knowledge of Fixed Income risk and PnL metrics
• Understanding valuation components of Fixed Income and Credit derivatives
• Knowledge of Greeks (Delta, Gamma, Vega, Basis, Forex)
• Strong analytical and mathematical skills
• Proficiency in Python programming for data manipulation, automation and/or debugging
• Self-motivated and proactive
• Business insight

Benefits

• Hybrid work arrangement allowing flexibility to work remotely and on-site
• Diversity and Inclusion initiatives promoting a diverse workforce
• Commitment to employee development and recognition of talents