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.
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.
Within the Equities Market functions of SOCIETE GENERALE operate the teams responsible for the Prime Services business.
They regroup listed execution, clearing and financing activities within Societe Generale Global Market and are present in all three regions across the globe.
This MARK/EQD/PSC business, cover the following sub-business activities:
· Prime Services : Clearing and margin financing for listed and OTC derivatives, OTC non-cleared activity of Prime Brokerage clients, Listed FX facilitation, Agency execution for Equity derivatives and listed equity agency execution, Clearing collateral management
· Commodities Agency : Agency execution, clearing and margin financing for listed commodities
As part of these Market activities directly linked to Prime Services stand the CCM collateral trading desk, which aims is to optimize the collateral resources that SOCIETE GENERALE need to post to meet its margin requirements at CCP, exchange houses and third parties.
During your VIE mission you will be in charge of these responsibilities:
To act as a business developer for CCM EMEA, enhancing and reporting produced by the trading desk
· To develop and automate the internal information flows that are being used by the trading desk
· To accomplish collateral trading transactions for CCM EMEA, executing principal transactions on:
o Forex swaps, spots and cross-currency swaps
o Cash deposits
o Repo and reverse repo
o Interest rate vanilla swaps
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 18 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 www.civiweb.com.
Graduate with a Master degree from Business/Engineering school or University, majoring in Finance.
A previous experience in Investment Banking would be appreciated.
You are fluent in English.
You are proficient in Office application.
You have programming skills (SQL, Python)
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
Why join us
As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.
At the end of your VIE, various opportunities could be offered to you, in France and abroad.
At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.
Whether you're joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.
Entity: SG CIB
Starting date: 2021/02/01
Publication date: 2020/10/23