Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses: - French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation; - International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets; - Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions. Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

Paris, France / Global

Banking & Financial Services

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Open roles at Societe Generale

1 role

Trainee - xVA Trader

Societe Generale

London, UK

Apply advanced mathematics to derivatives pricing, portfolio optimisation, and counterparty risk analysis while supporting trading activities and developing quantitative solutions for global financial markets.ResponsibilitiesApply Advanced Mathematics to Real Trading DecisionsJoin a Front Office xVA Trading team and work alongside traders, quants and developers on derivatives pricing, exposure modelling and portfolio optimisation.Launch Your Career on a Front Office Trading DeskAre you passionate about quantitative finance, derivatives pricing, and financial markets? Do you want to join a leading global investment bank and gain exposure to a highly specialised trading environment from day one?We are seeking an exceptional xVA Trader Trainee to join our Front Office team, working alongside experienced xVA traders within the Fixed Income & Currencies business. This is an outstanding opportunity for a highly analytical graduate to develop expertise in derivatives valuation, counterparty risk, capital optimisation, and quantitative modelling while contributing to real trading and pricing activities across global markets.You'll work at the intersection of trading, quantitative research, risk management, and technology, helping drive the development of sophisticated pricing tools and optimisation solutions used across multiple asset classes.What You'll Be DoingAs an Trainee, you will:Support xVA traders with daily pricing and trading activitiesAssist in the valuation of derivatives across interest rates, FX, credit and other asset classesHelp explain pricing methodologies and valuation assumptions to sales and trading teamsMonitor xVA workflows and collaborate with support functions to ensure efficient executionContribute to portfolio optimisation initiatives designed to reduce CVA, capital and funding costsPartner with Quantitative Research and Development teams to enhance pricing models and risk management toolsAssist in the implementation and monitoring of optimisation solutionsAnalyse counterparty exposures and valuation adjustments to support business decision-makingParticipate in strategic projects led by senior members of the teamProfile requiredWhat We're Looking ForWe're particularly interested in candidates with a strong quantitative academic background and a genuine interest in financial markets.EssentialMaster's degree (or equivalent) in a highly quantitative disciplineStrong academic background in:MathematicsApplied MathematicsFinancial MathematicsQuantitative FinanceFinancial EngineeringPhysicsStatisticsEngineeringExcellent analytical and problem-solving skillsStrong communication skillsAbility to work independently within a fast-paced Front Office environmentStrong attention to detail and intellectual curiosityHighly DesirableCoursework or specialisation in:Options PricingDerivatives ModellingStochastic CalculusQuantitative FinanceFinancial EngineeringMathematical FinanceRisk ManagementKnowledge of derivatives pricing concepts and valuation methodologiesUnderstanding of counterparty risk, exposure modelling or xVA conceptsFamiliarity with financial markets and productsExperience with Python, C++, R, MATLAB or similar quantitative programming languagesWhy Apply?This role offers a rare opportunity to:Work directly with Front Office traders and quantitative specialistsGain hands-on experience in derivatives pricing and risk managementDevelop expertise in xVA, a critical area of modern investment bankingContribute to cutting-edge pricing and optimisation projectsBuild a strong foundation for a career in Trading, Quantitative Research, Structuring or RiskWho Will Thrive Here?We're looking for intellectually curious individuals who enjoy tackling complex quantitative problems, are excited by financial markets, and want to apply advanced mathematical concepts to real-world trading challenges.

Posted 13 days ago

Trainee - xVA Trader

Societe Generale

London, UK

Posted 13 days ago

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