Trader - FX Spot/Forward & Options - Bank

Trader - FX Spot/Forward & Options

#Trading #Derivatives #FX #Option Trading #Proprietary Trading #Investment Banking

- Responsible for FX spot, forward and options trading book

This involves

- Trading in FX spot, forward and options - both market making and proprietary trading

- Proficient in trading USD/INR and G7 currency pairs

- Capturing Interest Rate Arbitrage opportunity between FX forward and money markets

- Design Trading strategies & trading models using quantitative (technical) and qualitative (fundamental) parameters

- Managing foreign currency Nostro balances

- Maintenance of AGL, IGL, and NOOPL of the bank

- Co-ordination with Treasury Sales team/RMs to meet overall profit target of the bank

- Knowledge, adherence and compliance to all RBI regulations regarding Trading activities

Derivatives:

- Back of Rates Trading Desk

- Pricing and execution of trades for sales dealers/corporate clients for

- Currency swaps, Interest rate swaps

- Interest rate structures (Caps, Floors)

- LTFX

- Knowledge, adherence and compliance to all RBI regulations regarding Rates/Derivatives Trading activities

Other responsibilities:

- To act as back-up of money market desk

- Relationship management with banks and brokers

- Preparation of daily position and PL reports.

- Any other regulatory reporting or as required by the management and Head Office, from time to time.

Requirements:

Education: Minimum degree in Finance, Business or Economics and MBA preferred.

- 10-15 years' experience at a Trading Desk of a bank.

Skills:

- Proven track record in trading and profit generating

- Strong interest in number crunching & passion for trading

- Strong communication skills

- Ability to generate ideas and drive development of new business

- In depth knowledge of treasury's products and applications

- Ability to work with all levels of senior management