INTERNSHIP - Equity Market Analysis and Certification
Metrics Monitoring Group is providing financial analysis and reporting to the different partners and stakeholders: Finance, Front-Office and Risk Management divisions.
The position is an integral part of the support team MMG, dedicated to the Equity Derivatives business line of MARK (Global Markets) at SG Americas offices in New York City. The main missions of the team are to: Produce, certify and publish the risk and P&L metrics of the trading desk;
Help traders understand and manage their positions and risks through various reports and analysis;
Be a major contributor to the different regulatory projects that impact the bank.
This position is located on the trading floor.
The MMG Group is searching for a Market & Certification Analyst.
The traded financial instruments include shares, funds, Indexes and derivatives such as Listed/OTC Options, Futures/Forwards, Swaps, Repo agreements, Currency transactions and structured products.
The responsibilities include: Working closely with the trading teams to develop a deep knowledge of their business and clients;
Production and certification of Greeks and sensitivities to different risk factors (Spot, Volatility, Dividend, Repo, Forex etc);
Monitoring and certification of Stress-Tests and regulatory metrics such as Value-at-Risk;
Contribute to the backtesting of the VaR;
Specific analysis to explain risk exposure and/or business performance to our different partners
Monitoring of risk limit consumptions and follow-up of limit breaches with Front-Office and Risk management;
Certification of the Profit & Loss and Income Attribution of the trading desk;
Publish commentary about the Daily and Monthly P&L to senior management;
Reconciliation of month end Economic P&L to the general ledger;
Liaison with other departments to work on transversal and regulatory projects;
Continuous enhancement of P&L/Risk processes and systems using VBA/Python for macros and ITEC teams for the global industrialized tools;
Creation of daily and weekly Dashboards in order to better monitor the trading activity;
Strong interpersonal skills
Handle various ad-hoc requests
Prone to take initiatives
Reactive, detail-oriented, driven to work in a fast learning environment
Solid verbal and written communication skills
Ability to prioritize and work in a dynamic, deadline-focused environment
Self-motivated and proactive
Willingness & a strong desire to learn Desired/ Plus: Technical skills
Knowledge of Equity derivative instruments
Strong analytical and mathematical skills
Proficient VBA/SQL programming
Knowledge of volatility instruments would be a plus
Python programming language. Prior Work experience
N/A Desired/ Plus:
Experience in a financial industry company with good knowledge of Equity risk and P&L metrics. Education
Master in Financial Engineering or Finance Desired/ Plus: Languages
Fluent English Desired/ Plus:
*This is a full time internships, 40 plus hours a week, and is expected to last for 12 months. You must be able to work 40 hours Monday - Friday through out the entire internship.