Senior Product Specialist

RESPONSIBILITIES: 
The Pricing and Business Optimization team is responsible for pricing across Prime Services and Clearing (“PSC”) AMER and optimization efforts across scarce resources, pricing, profitability, operational risks, IT Transformation, Credit Risk Appetite. It aims to Maintain and Protect the Return on Equity of PSC through optimization of all types of profitability return metrics (return on RWA, return on Leverage, return on US Balance sheet, return on risk exposure, return on liquidity consumption, return on operational/IT intensity etc.). 
This team is also responsible to automate and standardize front-office and operational processes to improve the efficiency of our PSC AMER platform.
Within the Pricing and Business Optimization team, the Risk and funding specialist is responsible for the following:
•    Strengthening the risk monitoring framework in preparation for the growth and scale of the cash equity PB in collaboration with the rest of the Risk teams 
•    Be our liaison with our second line of defense to train and educate them on the Cash Equity PB activity 
•    Challenge and propose changes to our liquidity stress test model and LCR assumptions
•    Act as the Expert in all Cash Equity PB Risk, Scarce resource and Profitability matters
•    In charge of building a profitable and well diversified cash equity PB portfolio with a risk profile in line with the group’s risk appetite, tracked with adequate profitability metrics 
•    Lead the implementation of a new Risk and Profitability monitoring Framework specific to the Cash Equity PB business
•    Work in coordination with Finance and IT to review and improve the data feed for liquidity metrics of the bank
•    Assist team members with their Project and Product management tasks to ensure delivery of new Prime Services projects
•    Attend Client Sales Pitches to understand their specific needs
 

DIVISION DESCRIPTION: 
Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing investors with one integrated multi-asset market solutions team. The business uses an advisory and innovation mindset, focused on client needs, with a global leader in financial markets engineering. Global Markets is a leading player in derivatives, with unrivaled over the counter and listed derivatives expertise, as well as cross-asset and economic research.  Our prime services' offering is a unique combination of execution, clearing, custody and financing services.

SKILLS AND QUALIFICATIONS:
Must Have: 
•    Strong Data analytical skills
•    Microsoft Office suite with particular focus on Excel, PowerPoint and Visio
•    Tableau or PowerBI
•    An understanding of Equity Finance, stock loan/borrow and Rehypothecation
•    Equity PB agreement, Term Commitment, Arranged Financing Offering
•    Equity PB margining Methodology (Reg T, PM, Rules Based models)
•    OTC FX, Derivative and Cash Prime brokerage including system deployment and trade flow analysis
•    Clearing, Margin and Risk processes
•    Client reporting and support
•    An understanding of FX electronic market place, confirmation & settlement
•    10+ years' experience in Capital Markets running Product Development functions
•    The candidate must maintain expertise in equity prime brokerage operations – including trade capture, settlement, margin, risk, and general position lifecycle management. 
•    The candidate must have a strong understanding of the cash equity PB regulatory constraints for equities and US listed options. 
•    Ideally, the candidate has experience in developing or working in an environment where arranged financing and rehypothecation solutions were offered to clients. 
•    The candidate must be comfortable working with international teams across departments. The candidate should be comfortable managing operational, regulatory, and legal queries from multiple regions and stakeholders. 
•    The candidate must be eager to seek optimization and is comfortable working in a dynamic project environment.

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

DIVERSITY, INCLUSION & BELONGING (“DIB”):
Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.