CIB - Currencies and Emerging Markets (CEM) - Trader - Associate / Vice President
KeyResponsibilities covered by these areas:
This role sits within thefront office and will be working in a dynamic and busy trading floorenvironment. you will help senior traders cover institutional accounts and makemarkets in your group's particular range of products. You will assist the seniortraders in managing risk, liquidity and exposure and you may support allaspects of the trading desk: pre-trade analysis, inbound and outbound tradeprocessing and the design of optimal risk management for large trades. Trackingsupply and demand, you constantly evaluate market developments in order to giveclients accurate product information. You will be placed with desk whichprimarily deals in fixed income and foreign exchange. Key tasks will include:
- Supporting the day to day client requests and needs
- Understanding market drivers (of those markets in which involved), market moves, and the numbers behind it all, as well as cross-asset implications
- Independently resolving P&L reconciliation on issues
- Ensuring all relevant parties (vertically and horizontally) are kept abreast of key developments
- Cultivating an appreciation of balance between revenue generation and building a client franchise
- Understanding drivers of relevant markets and establish a high degree of competence with clients around executing trades
- Understanding firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
- Assisting with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followed
- Proactively sharing information, knowledge and ideas that help others succeed
- Playing an active role in training and developing juniors; Take a leading role in people initiatives (recruiting, mentoring, training)
- Experience working within an investment bank
- Ability to discuss in detail your understanding of how to book trades and the implications of improper trade booking on P&L
- Ability to discuss in detail your understanding of how to calculate and reconcile and which factors impact it; You should be able to resolve P&L reconciliation issues with little guidance
- Ability to discuss in detail your understanding of fundamental and technical aspects of product(s) traded and support area functions of respective products
- Demonstrable proficiency with market and product lingo. Well versed in the quantitative nature and framework of own product (e.g., pricing, models, etc).
- Ability to discuss in detail your knowledge of the direct costs of "doing business" along the transaction lifecycle;
- Understands the different types of risk and can discuss in detail ways of managing these risk.
- Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.
- Understands transaction cycle and the steps in the process and is execution oriented.
- Ability to thrive on the challenge of competitive pressures and remain focused on client needs
- Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.
- Ability to interact comfortably with business clients and management.
- Self-directed, highly motivated, and able to work independently
- English fluency is essential