Trader – FX & Interest Rate Trading

Building on foundational expertise in FX Spot and Interest Rate Trading, the successful candidate is expected to contribute to the trading desk performance, profitability, and effective market-making activities across assigned products with an emphasis on risk management. The candidate is expected to research and understand market data and trends, the effects of economic factors on those trends, as well as domestic and international trade and client data to provide input and inform trading team activities. The candidate will be expected to perform tasks such as market commentary, consistent and competitive price formation, trade positioning and trade idea formation, as well as to adhere to all relevant codes of conduct set by Global Markets and external regulatory bodies to ensure full compliance.

Develop and maintain an understanding of client behaviours and respond to client needs either via sales teams or direct channels to provide quality (trading and product) market commentary and insights to the sales teams to inform a successful sales process and maintain high-quality client experiences.

Monitor, collect and analyse historic, current and expected market developments, trends, and performance to proactively translate these into appropriate trading positions and price making activity.

Determine consistent and competitive prices of a range of financial instruments and give and update quotes, in line with market vision and trading strategy.

Develop a deeper understanding of risk drivers, risk reporting and relevant frameworks in order to clear risk and start assisting with risk management responsibilities. Where required, engage with major hedge providers within the market, for effective and efficient execution of trades.

Manage the resulting trading market risk for the book within agreed desk trading limits.

Trade the assigned product(s) and manage the resulting trading risk (within agreed trading limits, defined trading protocols, guidelines and risk levels) to ensure maximum profitability of the assigned trading portfolio, with guidance from Desk Head.

Liaise with authorised counterparties, brokers, financial institutions and peers to ensure the agreed processes and functions are performed to allow consistent daily performance.

Stay abreast of industry and disruptor product offerings to ensure that the asset class business is able to take advantage of emerging opportunities. Foster a learning mindset and be aware of digital trends and technological disruptors such as artificial intelligence.