Trader, Forex, Global Markets
Full-time
Mid-Senior Level
Job Overview
To trade the assigned product(s) within the defined mandate to maximise trading book profit while adhering to defined risk levels, codes of conduct and statutory regulations.
- 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 (discretionary) 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.