To lead and manage the Linear FX & Rates trading activities, both voice and electronic, within the Global Markets function. Identify new trading activities and strategies to cater to potential customer demand or market opportunity, maintaining the bank ahead of the curve and positioning it as the premier investment banking player.
The position will require the candidate to motivate and lead a significant team responsible for the day-to-day management of the business activities and tasked with growing the business in a rapidly changing environment.
The candidate will also be responsible for oversight of risk management, PnL generation, supervisory, and trading activities within the linear FX and Rates space. The scope of activities and authority will be defined by trading limits and senior management oversight.
Key Responsibilities:
- Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
- Manage the effective achievement of assigned objectives through the leadership of the Global Products department by setting individual objectives, managing performance, and developing and motivating staff to maximize sectional performance.
- Manage the preparation and recommend the relevant business budget and monitor financial performance.
- Manage and ensure effective implementation of the departmental policies, procedures, and controls covering all areas of assigned department activity.
- Oversee a team of linear traders covering various markets and timezones under the FX and Rates Linear umbrella.
- Provide correct and competitive pricing for requests to internal and external customers trading specific linear FX and Rates products within the required product mandate, fixed limits, and required risk profile of the desk.
- Work with reliable risk monitoring of transactions to contribute towards desk profit targets and create customer loyalty, including the build-out of the franchise.
Qualifications:
- Bachelor's Degree in Finance or related discipline; a Master's Degree is preferred.
- 15 years of relevant experience in the banking sector, with at least 10 years in similar positions of progressively increasing managerial responsibilities in a similar or related role.
- Experience level enables the job holder to provide leadership to others regarding work-related systems, processes, and challenges.
- Experience of interpreting strategy and policy to set and deliver objectives within medium to long time frames.
- Strong quantitative skills and understanding of Global FX and Rates.
Remote Work: No
Employment Type: Full-time