Prime Brokerage Securities Financing:

• Provide short coverage and long financing on securities to Prime clients;
• Develop tool for monitoring financing Trading opportunities while monitoring cost of financing via different structures leveraging on P&L analytics, client reports and SG APIs.
• Develop tool for anticipating Short Coverage against client locate ratios and internalization metrics while maintaining a profitable book
• Focus on Funding of the Equity PB activity, especially Term Commitments
• Provide financing solutions to Prime clients on specific assets/situations while optimizing liquidity binding constraints (ILST) of the US broker dealer;
• Work closely with other teams to build interactions and synergies on secured financing;
• Develop strategies in order to increase a book of business in a sustainable way for target diversified and recurring revenue;
  • Optimize the global book position and the scarce resources (mainly cash consumption, liquidity ratios, balance sheet) including:
• Work on innovative solutions to service the business, pledge structure analysis and use client reports to find potential netting patterns or propose solution to improve the profitability.
• Manage the day-to-day risk, position management, risks follow-up and Profit & Loss (PNL) explanation.
• Maintain understanding of financial markets, competitors, and clients to develop own trading position; and
• Maintain up to date intelligence on market initiatives and products in the trading environment.
• Drive and support enhancing IT development of tools and systems to develop SG’s trading capability and efficiency (e.g. automation, pricing engines, development of analytical tools and new hedging as applicable);
• Ensure adherence to trading risks (DV01, VaR, stress testing) in collaboration with the Risk management department;
• Evaluate and analyze market conditions, regulations and financial information to identify investment opportunities;
• Understanding and backup of CCM activity would be a plus (Clearing Collateral Management):
  • Optimize customer cash and non-cash collateral across external and internal counterparties, fixed income reverse repo trading, CCPs, banks and carrying brokers with expectations to meet performance targets;
  • Manage borrowings from Treasury including optimizing placements / investments and returns;
  • Execute forex hedging to support single currency margining product;