DERIVATIVES TRADER (FX)

Key responsibilities

• Mastery of foreign exchange market & products, especially on USDCNH (including spot, forward, swaps, options & cross currency swaps)

• Assist in managing house FX positions based on the understanding across multiple composition of business background

• Manage the book autonomously (within risk limits); ensuring the trading positions and strategies remain within the agreed risk and credit parameters, and identifying potential factors that may cause these parameters to be breached

• Generate positive P/L, and have a consistent proven track record of trade objective achievements

• Assist in negotiating ISDA's and clearing broker agreements, etc.

• Management of volatility risks in portfolios

Knowledge, Skills, and Abilities

• 3-5 years’ experience in FX and derivatives trading

• Proficiency in Mandarin to liaise effectively with Mandarin-speaking clients

• Strong knowledge of Derivatives-OTC FX and Exchange traded derivatives

• Ability to effectively prioritize tasks, especially those of high importance

• Strong problem solving skills and decision-making abilities

• Excellent team player and work well with others

• Strong with numbers

• Experience in managing FX house position preferred

Key relationships

• Internal: Traders, Dealdesk, Treasury

• External: Clearing Brokers, Executing brokers, Exchanges

• External: OTC Counterparties, Banks