This job description is intended to describe the general requirements for the position. It is not a complete statement of duties,responsibilitiesor requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.
Purpose of Role
TheeFXbusinessis responsible forall pricing,distributionand auto risk management of ecommerce FX business in Markets. It specialises inoperatinga low latency platform ensuring highresiliencyfor all clients 24 hours a day. The business isoperatingat record levels regularly tradingin excess of50k tickets per day. It covers G10, deliverable EM pairsand alsoNDF’s.
What does this role holder do?
Understand therisk being run by theeFXportfolio and all associated pricing and risk management strategies
Ensure pricing is competitive and focussed on key clients
Support andmaintaina robust risk control environment
Manage allday to dayrisks efficiently and in well controlled manner, from the automated market making business
Highlight day to day issues to Support, Technology and Quant Trading in order be remediated andultimately forproduct improvement
Effectively manage Liquidity Provider relationships
Collaborate with global sales teams to drive forward the client agenda helping to produce relevant MI,actionsand product improvement. Focus on delivering the Client Strategy
Assistin the creation of innovative trading products as well as new pricing,executionor hedging techniques
Be able to provide in depth analysis and build suitable reports of the business through use of internal tools e.g. Goldmine, KDB
Ensure that activities are within risk management policies covering market, operational, credit and regulatory risks
Escalate any breaches,risksor weaknesses in line with policy
Ensure portfolio is compliant with dealing authorities, positions and risk limits and RBS’
Work witheFXtechnology and technical leads to achieve desired business outcomes
Ensure weoperatea well-controlled business and deliver all regulatory requirements specific to aneFXbusiness
What are the skills, knowledge and experience needed to do the role?
The successful candidates willbe requiredtoestablishclose working relationships globally across the Currencies Trading and Sales business lines andmaintainsimilar relationship with our business partners in middle and back office.
Skills Required
Experience and understanding ofeFXproducts and associated systems
Experience of FX Analytics
Understanding offull life cycle ofeFXproducts e.g. Client execution through to market interaction
FX technology experience preferable
Understanding of trading and hedging strategies along with specific market idiosyncrasies
Demonstrable and thorough understanding of the Regulatory environment affecting the FX trading business
ExperienceutilizingPython for data analysis, research, or model development
The expected base annual salary range for this position is $180,000 - $220,000 at the start of employment. This is not a guarantee of compensation. The exact compensation isdetermined onan individualized basis and may vary based on skills, experience, training licensure,certificationsand location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savingsplanswith potential employer contributions; generous paid time off policy, parentalleaveand tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race,color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws."Know Your Rights"
Hours
40
Job Posting Closing Date:
Job Posting Closing Date is not yet published.
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