NDF Trader - London NDF Trader - London …

Marlin Selection
in London, United Kingdom
Permanent, Full time
Last application, 01 Dec 21
Upto 100k
Marlin Selection
in London, United Kingdom
Permanent, Full time
Last application, 01 Dec 21
Upto 100k
Posted by:
Tej Dhindsa • Director - Head of Global Markets
Posted by:
Tej Dhindsa
Director - Head of Global Markets
A great opportunity to join an Investment Bank in London at AVP level on the FX Desk.

Profile Summary

  • Manage G10 and EM forward books, as well as spot.
  • Maximise individual profit, attain target within allocated stop loss and trading limits
  • Support Group Head in daily tasks and business planning
  • Engage in global order book monitoring with the strictest adherence to the bank’s policy.
  • Promote forex trading business by providing competitive price as well as proactively exchanging strategic and operational plans with the team in consultation with the Heads of FX in ETD.
  • Improve existing tools and build new tools for forward pricing.
  • Support proactively our sales and e-FX person to build and improve our infrastructures like e-platforms.

 

Duties and Responsibilities

 

  • Provide quick and competitive pricing to the sales team to promote client oriented business
  • Profit maximisation to achieve individual profit target from both market making and proprietary trading with G10 and EM products.
  • Profit maximisation to achieve team profit target
  • Control risks under trading limits and comply with trading regulations and standards
  • Communicate well with sales person about pricing tactics to win competition as well as structuring ideas to enhance sales activities
  • Assist other traders as a good team worker
  • Analysis and distribution of quality market information.
  • Keep management informed of any material change in position, profitability and market conditions
  • Share knowledge and train junior staff
  • To contribute to develop and promote FX business in line with our strategies 
  • Help improve the trading and risk systems: either or by contributing to the development of new pricing tools, models, developing new risks or P&L reports using OT, or giving regular feedback and ideas on how to improve them.

 

 

Qualifications, Skills and Experience

  • Well-developed and up to date working knowledge of Treasury business, especially FX Forward and FX Spot and regulatory requirements.
  • Trading and risk management.
  • Understanding of the Bank’s policies and guidelines.
  • Good communication skills and teamwork sprits
  • Proven market analysis skills
  • High standard of IT literacy to build and maintain tools for trading and to understand overall architecture of e-FX.
  • Project management and/or systems development skills.
  • Knowledge of general bank products
  • Coding Skills: Excel VBA is necessary.
  • Ability to build tools for forward curves pricing.
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