Treasury Trader -VIE London

Job description

Responsibilities

During your VIE mission you will be in charge of these responsibilities:

- Managing the liquidity in the 13 currencies manages by the desk
- Funding in money market
- Internal quotation
- Intraday monitoring: to be involved in the project and implementation set up for Treasury perimeter.

Under treasures supervision:

·  Provide quotation to both internal and external counterparties
·  Provide quotations in both cash and certificates of deposit / commercial paper
·  Hedge and manage the liquidity, interest rate, XCCY basis, CIM basis and spot positions
·  Participate to the liquidity, concentration, funding, ratios, thresholds, targets that TRE has to respect or to reach
·  Achieve designated budget target
·  Assist HoD and treasurers in daily tasks of the desk
·  Serve as a backup for EUR and USD treasury in case of Paris treasury resilience

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 24 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 .

Profile Required

You are graduated with a Master degree from University, Engineering or Business School majoring in Finance.

You are fluent in English and in French.

You have knowledge of the money market, short term IR, and FX swap markets
You have knowledge and understanding of main central banks policies, targets and tools
You have ability to price/trade yield curves, understanding of derivative products
You're showing initiative, openness to change, team player
You have good communication skills, analytical and regulatory skills

Business Insight

The desk's mission is to raise liquidity in the short-term markets (institutional investors, interbank, corporate) to ensure SG activities are adequately funded, on appropriate currencies and maturities. In doing so, the desk manages a safe liability profile (redemption schedule, gap), according to the Group's risk appetite and regulatory requirements. It also manages relationships with short term investors to preserve the diversification of resources and the Group's signature.

In particular, the desk:
- Monitors central bank accounts and nostri accounts, manages regulatory reserves requirements;
- Is responsible for the external and internal pricing grid on maturities up to 18 months;
- Manages external issuance of SG debt and collection of cash deposits up to maturities of 18 months included (or longer when agreed with GTR/FUN and GTR/DIR);
- provides funding to internal SG business lines and subsidiaries up to 18 months;
- Provides the Finance and Scarce resources management teams with the relevant information on market appetite and funding capacity;
- Manages its static and stressed liquidity gaps; through the management of its balance sheet, the desk also ensures that the Group meets its liquidity metrics objectives

The desk also manages the interest rate, exchange rate and basis risks induced by the above liquidity deals by entering if necessary, into swaps and futures and other products such as FX spot, forwards, cross currency swaps, interest rate options. These hedges are only covering existing deals on the balance sheet. They are initiated to reduce the risks of the desk's balance sheet.

Finally, the desk contributes to a number of interest rates indices.

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.

Job code: 200001XJ
Business unit: SG CIB
Starting date: 01/04/2020
Date of publication: 23/01/2020