What are the responsibilities and job description for the V.I.E. Trading Assistant - Corporate & Investment banking - New York, New York, United States position at Societe Generale?
Responsibilities
Department primary functions include trading of loans in the secondary market and credit analysis of loans for trading or finance purpose. The Department activities include monitoring of exposures, marking and PNL generation. Globally acts as a central actor in the scope of loan trading / financing, making the link with all business partners within the chain.
The candidate will assist or be responsible in the following activities :
- Credit analysis for issuers belonging to the CLO warehouse and Flow portfolio
- Report on trading volumes, PNL, and secondary trading activity - weekly, bi-weekly, monthly and quarterly basis
- Report on the loan market : primary and secondary activity, ETF and fund flows, CLO issuance - weekly
- Interact with Bangalore on PNL reconciliation
- Interact with Risq on Risk-metrics reconciliation and monitoring (Var, sVar, PvBp, Spread x2)
- Interact with Commandos to develop tools to track trading and client activity
- Support on settlement activities
- Monitor corporate action related to the book exposure
- Monitor clients and dealers KYC status, trading limits, limit availability and limit consumption
- Monitor news, earnings, price actions keeping traders informed of critical issues
- Conduct financial analysis of the portfolio
- Help to build axe sheet, propose names
- Prepare BWICs and OWICs spreadsheet
- Respond promptly to live Bloomberg requests by trades
- Be proficient in the use of Bloomberg, Moody's, S&P Markit
Due to the VIE eligibility criteria, a questionnaire will be provided. Please make sure to answer all the questions for an efficient analysis of your application.
Profile required
PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
Studies & experience :
Language skills :
Operational, technical & soft skills :
The VIE assignment in a nutshell
This VIE in New York 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.
In case a visa is necessary, please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure.
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 (including your financial indemnities), please see Mon VIE-VIA Business France.
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.
Business insight
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!
Still hesitating?
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.
