English
Login
Register
View Offer
Home Work Studies Languages For Companies
Work > Internships > Finance/Accounting > UK > London > View Offer 

Prime Services Risk Trainee

Company not shown
London, United Kingdom
Internship, Finance/Accounting, English
18
Visits
0
Applicants
Register
or Login to apply

Job Description:

Description of the Business Line or Department
Prime Services is the clearing, financing and execution offering of Societe Generale, which services clients across multiple asset
classes and products including listed derivatives, fixed income, equities, swaps, FX and OTC.
Prime Services Risk is the first line of defence for all business units including assets financing, execution and prime brokerage
clearing. The team is responsible to follow the counterparty risk that Prime Services activities generate and ensure that these risks
are well controlled and reported internally to other risk functions and management. The risk is managed on pre-trade level,
real-time and end-of-day basis for all clients and across metrics utilised the main ones include VaR, greeks and stress tests.
The team also is responsible to maintain and assist clients with understanding the margin methodologies that are utilised as well
as develop new ones. The team has responsibility to ensure that the model utilised to calculate risk for all clients under
the business line is operating accurately and improve it as required based on new products or asset classes.
Summary of the key purposes of the role
* Assisting analysts on basic portfolio analysis and running simulations for new prospective clients
* Helping the team with ad-hoc analysis, risk reporting, risk projects and other admin tasks
* Maintenance and testing of the intraday risk monitoring platform
* Assist the team with automating existing processes or establishing new processes through the available tools under the guidance of senior members
* Maintain and improve the existing reporting and processes as well as suggest potential improvements
* Assist with Python implementation and automation under the guidance of senior members of the team
* Perform various tasks and checks regarding data quality of the risk inputs into the model
* Design new reporting dashboards under the guidance of senior members of the team
* Assist with back testing of various methodologies utilized by the team and perform pricing benchmark monitoring under the guidance of senior members.
Summary of responsibilities
* Responsibility for ensuring that you are fully aware of and 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 risk requirements (e.g. Golden rules, security policies and regulatory requirements).
* Responsibility for managing, controlling, preparing and escalating risk within the scope of your position.
* Responsibility for reading, understanding and complying with the Company's Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.
* Act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.
* Observe proper standards of market conduct. Responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business

Candidate Requirements:

Level of Autonomy and Authority
Responsibility for managing, controlling, preparing and escalating risk within the scope of the position.
Observe proper standards of market conduct. Responsibility to ensure that steps are taken to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to the business.
Competencies
* Excellent communicator - role requires interaction numerous internal parties and departments.
* Excellent autonomy - role requires a lot a self-training based on strong investigation skills and autonomous tests
combined with analytical rigour
* Excellent organisational skills are required to effectively accommodate workflows and manage priorities.
* Methodical working techniques combined with analytical rigour
* Ability to work as part of a team and adapt to the needs of the team as they arise
* Strong attention to detail with analytical / problem solving skills
* Understanding of escalation approach to issues and effectively communicating to resolve problems quickly
* Technical/Systems Knowledge: MS Excel, Python
* Advanced grasp of statistical methods and concepts is required
* Understanding of risk concepts and methodologies (VaR/greeks/stress tests)
* Knowledge of Listed derivatives, Equities, FX, Fixed Income
Work experience
Previous placements in risk management or the financial industry preferred
Working knowledge of Python strongly preferred
Education
Master's degree in Finance, Economics or a related field
Languages
Fluency in English required

Source: Company website
Posted on: 13 Feb 2020
Type of job: Internship
Job duration: 0 months
Languages: English
Login to apply or save this offer
REGISTER if you don't have an account yet
59.680 jobs and internships
in 136 countries
Register   or Login
We uses cookies to deliver services, personalize content and ads, and analyze our traffic.  More info.
Other options I accept