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