FX Options Trader, VP - Corporate & Investment banking - London, United Kingdom

FX Options Trader, VP - Corporate & Investment banking - London, United Kingdom

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
SGS Société Générale de Surveillance SA

At a Glance

  • Tasks: Join our FX Options trading desk and make impactful trades in a dynamic market.
  • Company: Société Générale, a leading investment bank with a strong team culture.
  • Benefits: Competitive salary, career development, and a vibrant work environment.
  • Other info: Opportunity to mentor junior staff and lead innovative projects.
  • Why this job: Shape the future of trading while developing your skills in a fast-paced setting.
  • Qualifications: Experience in investment banking and strong analytical skills required.

The predicted salary is between 80000 - 100000 £ per year.

Responsibilities

  • The trader will be a team member of the FX Options trading desk.
  • Representing the bank in OTC FX Options Markets.
  • Act as Market maker for vanilla and semi‑exotic products within the FX Options Perimeter.
  • Gain experience intelligence on his/her markets and comprehensive knowledge of the products dealt with.
  • Price FX Options and book them accordingly.
  • Manage the book and hedge risk appropriately.
  • The trader will also focus on:
    • Developing SG image/presence on the market through trading volumes and market presence.
    • Proposing new products in collaboration with financial engineering teams and sales force.
    • Supporting sales staff through client pitches /actively contributing to business development.
    • Developing trading strategies.
    • Assist in developing pricing models.
    • Specifying or developing IT tools (automatons, pricing engines…).
    • Project Management (e.g. IT Projects).
    • Provide pricing in other currency pairs during periods of holidays or sickness.
    • Provide Sales desks with trade ideas and currency flows to generate increased sales business.
    • Record all trades in line with procedures.
    • Actions any compliance breach immediately and with full explanation.
    • Liaise between front and middle office to ensure smooth deal processing.
  • Other duties include:
    • Hierarchical management of permanent staff/of trainees.
    • Business coordination or supervisory activities.
    • Manage the education and career paths of junior members of the team.
    • Ensure Counterparty trades are within credit limits.

Conduct Responsibilities

  • Responsibility to adhere to internal policies that relate to you, your business or other businesses for which you have any level of responsibility.
  • It is your responsibility to ensure compliance with operational and conduct risk requirements (e.g. data leakage, security policies and regulatory requirements).
  • Adhere to individual and where applicable department conduct rules in accordance with the FCA and PRA Code of Conduct rules.
  • Responsibility for managing, controlling, preparing and escalating risk within the scope of your position and in line with existing policies.
  • Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory and statutory bodies, trading venues, etc. that are applicable to your role and business line.
  • To assist in the self‑identification of all conduct‑related issues.
  • Ensure escalation to appropriate stakeholder or function whether internal or external.
  • Adhere to business line mandates relevant to the role as directed by your manager.

Profile required

  • Investment banking/financial services industry knowledge and experience.
  • Excellent interpersonal skills and communication skills (verbal and written) with the ability to interact and communicate convincingly at all levels with key decision makers in a variety of business lines, management and control functions across the bank.
  • Ability to work independently on multiple conflicting priorities and under pressure until completion.
  • Flexible and adaptable.
  • Excellent analytical skills and an aptitude for numbers with excellent attention to detail.
  • Solution‑focused, service‑oriented and proactive.
  • Team player, proactively shares information and collaborates with others.
  • Exemplary professional conduct.
  • Self‑motivated, proactive and entrepreneurial.
  • Capability to prioritize and organize.
  • Strong senior stakeholder management skills.
  • Ability to develop relationships based on trust and professionalism.

Language requirements

Language requirements if applicable are as defined to support the role purpose and coverage areas. (English is the business language for SG).

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application.

At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

FX Options Trader, VP - Corporate & Investment banking - London, United Kingdom employer: SGS Société Générale de Surveillance SA

At Société Générale, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our FX Options Trader role not only provides competitive compensation and benefits but also fosters a culture of collaboration and innovation, empowering employees to develop their skills and advance their careers. With a strong commitment to diversity and inclusion, we ensure that every team member feels valued and supported in their professional journey.

SGS Société Générale de Surveillance SA

Contact Details:

SGS Société Générale de Surveillance SA Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land FX Options Trader, VP - Corporate & Investment banking - London, United Kingdom

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. The more connections you make, the better your chances of landing that FX Options Trader role.

Tip Number 2

Show off your skills! Prepare for interviews by brushing up on your market knowledge and trading strategies. Be ready to discuss how you can contribute to the team and propose new ideas. Confidence is key, so practice makes perfect!

Tip Number 3

Tailor your approach! When you apply through our website, make sure to highlight your relevant experience and skills that match the job description. Customising your application shows you’re serious about the role and understand what they’re looking for.

Tip Number 4

Follow up! After an interview or networking event, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the position. Plus, it’s a great way to reinforce those connections!

We think you need these skills to ace FX Options Trader, VP - Corporate & Investment banking - London, United Kingdom

FX Options Trading
Market Making
Risk Management
Pricing Models Development
Project Management
Interpersonal Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the FX Options Trader role. Highlight your relevant experience in investment banking and any specific skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about FX trading and how your background aligns with our needs. Be sure to mention any innovative ideas you have for trading strategies or market presence.

Showcase Your Analytical Skills:Since this role requires excellent analytical skills, make sure to include examples of how you've used these skills in past roles. Whether it's pricing models or risk management, we want to see your problem-solving prowess!

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to manage your application and ensure it gets the attention it deserves. We’re excited to see what you bring to the table!

How to prepare for a job interview at SGS Société Générale de Surveillance SA

Know Your FX Options Inside Out

Make sure you have a solid understanding of FX options, especially vanilla and semi-exotic products. Brush up on pricing models and market-making strategies, as you'll need to demonstrate your expertise during the interview.

Showcase Your Analytical Skills

Prepare to discuss how you've used analytical skills in previous roles. Be ready to provide examples of how you've managed risk and developed trading strategies, as this will highlight your problem-solving abilities and attention to detail.

Communicate Like a Pro

Since excellent communication is key, practice articulating your thoughts clearly and confidently. Think about how you can convey complex ideas simply, especially when discussing your experience with stakeholders or clients.

Demonstrate Team Spirit

Be prepared to talk about your experiences working in teams, especially in high-pressure environments. Highlight instances where you've collaborated effectively, shared information, or supported junior members, as this shows you're a team player.