FX Trader

Job Description:

Role Overview:

The role involves managing end-to-end treasury activities across FX trading, derivatives, ALM, trade and treasury. It requires strong understanding of USD/INR markets, interest rate products, risk management, regulatory requirements, and full-cycle trade execution-from pricing to settlement.

Key Responsibilities:

Foreign Exchange & Derivatives Trading:

- Execute USD/INR forwards, swaps, options, OIS, IRS, and other derivative transactions.

- Manage FX and interest rate risk positions while supporting client flow requirements.

- Provide market insights on premiums, curves, interest rate expectations, and central bank policies.

- Use platforms such as Bloomberg, Refinitiv/Eikon, FXT, Murex, and 360T for execution and monitoring.

Risk Management & Analytics:

- Monitor risk metrics including PV01, delta, liquidity gaps, NOOP, and interest rate mismatches.

- Support P&L analysis, portfolio risk evaluation, and liquidity planning.

- Assist in regulatory stress testing and reporting.

Treasury & System Implementation:

- Ensure accurate trade booking, confirmations, settlements, and margining for FX and derivatives.

- Maintain 100% compliance with regulatory and audit requirements.

- Support implementation of treasury systems covering pricing, lifecycle management, and clearing readiness.

Policy, Governance & Stakeholder Coordination:

- Assist in drafting policies, SOPs, product notes, and lifecycle documentation for derivative and treasury products.

- Collaborate with internal teams and external counterparties, including ISDA/CSA negotiations.

- Conduct training sessions for treasury staff on derivative processes and regulatory guidelines.

Technology & Process Support:

- Develop dashboards, tools, and MIS for trading, risk, and operational activities.

- Contribute to application support and enhancements for treasury-related systems.

Skills & Competencies:

- FX & Derivatives Trading (swaps, options, IRS, OIS, CCS, forwards)

- ALM: liquidity risk, interest rate risk, gap management

- Platforms: Bloomberg, Reuters/Eikon, FXT, Murex, MS Excel (advanced)

- Strong analytical ability, stakeholder management, and operational accuracy