Global Banking & Markets, FICCs Credit Strats – Embedded Control Strat - Associate (m|f|x) Paris

At Global Banking & Markets, our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise capital, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, made up of individuals who thrive in fast-paced, ever-changing environments and are energized by a bustling trading floor. We combine engineering, research, risk management, control design, and trading expertise to deliver solutions for our clients and advance the firm’s trading goals.

No trading system or business is complete without an integrated and thoughtful approach to controls and risk management. Our cutting-edge high-speed trading systems and products present a unique challenge in this regard. This role is critical to the successful innovation and delivery of our applications. It is a unique opportunity to collaborate across many levels and teams, backed by a strong mandate to deliver. We are hiring in several key areas:

• FICC SMM is a systematic market-making business focused on credit. SMM focuses on providing liquidity to clients, primarily through electronic channels using automated trading.

Our mission is to grow the franchise, increase innovation across the division, generate standalone revenues, and run the business in a truly systematic manner so that the required human involvement or intervention scales sub-linearly with the number or volume of products we trade or clients we serve.

Tasks

• Designing, developing, and maintaining controls for cutting-edge trading and quoting platforms.
• Documenting trading controls and activities for stakeholders both within and outside the team.
• Collaborating with cross-functional teams to understand business requirements and translate them into actionable solutions. 
• Responding to information requests from regulators and control functions across the firm, such as Compliance, Risk, and Internal Audit. The role may involve face-to-face interactions with both internal and external parties.
• Managing work to address follow-ups to production incidents and other operational risk events.
• Communicating complex technical concepts and findings to non-technical stakeholders in a clear and concise manner. 

Profile / Your qualification / Your personality

• Knowledge of electronic/algorithmic or equity derivatives trading systems and controls
• Proficiency in creating and maintaining complex technical documentation.
• Strong academic background in computer science or an analytical field such as mathematics, physics, or engineering.
• Knowledge of European market structure, including an understanding of regulated markets, MTFs, and systematic internalisers, or equity derivatives pricing and risk management.
• A background in trading, development, testing, operations, audit, compliance, control design, operational risk, or risk frameworks.
• Proficiency in programming languages such as Python, Java, or C++.
• Interest in developments in the global financial regulatory environment.
• The ability to communicate clearly and lead discussions on technical topics.

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Location

85 Avenue Marceau, FR-75116 Paris