Job description
Foreign Exchange Options Trader, supporting the market risk management, pricing and business development relating to Foreign Exchange Derivatives Trading activities
Principal Accountabilities
- FX Options pricing and market risk management
- Drives the development of business initiatives with regard to the development of technical trading tools.
- Provides timely and accurate dealing services for clients in the assigned area of FXO trading expertise.
- Manages the firm’s inventory and trading risk under supervision and as assigned in compliance with all applicable regulation within a given business area.
- Deliver fair outcomes for customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
- Provides consistent pricing and market making to sales force and target clients
- Executes firm and customers' trades in accordance with desk Volcker designation and may contribute to the formulation of trading strategies
- Ensures all trades are booked to front office position keeping system on the day they are executed
- Reconciles daily and/or monthly reports, as assigned and drives the development of business initiatives with regard to the development of technical trading tools
- Strong understanding of FX Options risk management, its products, client sets, systems, and key processes
- Experience in pricing and risk management
- Ability to provide consistent pricing to clients and managing inventory and risk
- Excellent interpersonal, communication, influencing and collaboration skills
- Track record working in global team and dealing with a diverse group of stakeholders
- Ability to work in a fast-paced work environment with continuous changes, including regulatory change
- Mindset and track record challenging the status quo and improving operational efficiency
- Bachelor’s degree or equivalent experience
- Fluency in English and second language is preferable