Vice President, Delta One & Securities Finance Trader

We are seeking a highly analytical and risk-conscious Delta One Trader with a strong understanding of equity derivatives, security financing, and market structure. The ideal candidate will possess excellent execution skills and a disciplined approach to risk, capable of managing trading flows, handling complex inventory, and serving as a key liquidity provider with strict adherence to local regulations and internal controls.

Profile Requirements:

• Execute Delta One trades efficiently, with a primary focus on market-making and ETF liquidity provision.
• Handle corporate actions across the portfolio, including tracking, evaluating, and managing the impact of dividends and related distributions on positions and underlying hedges.
• Manage the daily trading book, report positions accurately, and handle index rebalancing and ETF rebalancing with high precision.
• Monitor, compute, and explain daily PnL vectors. Implement robust hedging strategies covering FX risk, interest rate, and directional equity risks to maintain a well-hedged book.
• Act as LP and AP, collaborating closely with asset management firms to facilitate efficient creation/redemption flows, manage tight pricing, and ensure market liquidity.
• Execute stock loan/borrow transactions, manage repo trades, and structure OTC swaps to optimize scarce financial resources.
• Strictly adhere to relevant financial authorities and exchange regulations, including short-selling compliance, reporting thresholds, and internal risk limits.
• Utilize Bloomberg and local platforms to monitor market structures, order flows, and market insights.
  Profile Required
  Qualifications & Skills
• Minimum 3 years of trading experience on a Delta One or equity derivatives desk.
• Deep understanding of linear derivatives, ETFs, OTC swaps, stock lending, dividend mechanics, and market structure.
• Strong quantitative foundations are highly valued. Practical proficiency in basic programming languages (Python, VBA) to automate workflows and optimize data analysis is a big plus.
• Exceptional track record of respecting operational risk limits, internal controls, and regulatory requirements. A disciplined approach to market exposure and compliance.
• Advanced proficiency with Bloomberg, Excel, and electronic execution management systems.
• Professional fluency in English (Korean is a plus).

Behavioral Skills

• Responsibility - Risk: In order to improve the Group's security, I am constantly on the lookout for risks
• Responsibility - Performance: I generate outstanding individual and collective performance
• Responsibility - Courage: I express my convictions and make decisions with courage in line with the Group's strategy
• Innovation - Simplification: I make things & ideas simple
• Client - Risk/Vigilance: I seek out the greatest benefit for clients/internal partners while ensuring that the Group’s risks are properly managed
• Innovation - Simplification: I make things & ideas simple
  

Our Culture:
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.

Diversity, Equity & Inclusion (DE&I):
Our mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/

Department Description

The Global Markets (MARK) Business Unit operates at the heart of Global Banking & Investor Solutions (GBIS) and provides market Services and solutions to a global client base.

Core mission: MARK connects institutional investors, financial institutions, corporates, distributors and public-sector clients to global markets through Société Générale’s international reach, market expertise and integrated multi-asset capabilities. It supports clients in accessing markets, managing exposures and pursuing investment opportunities across market cycles.