Mandarin speaking Commodities Trader

First People Recruitment; City Of London; On-site; GBP 85,000 - 100,000

Job description

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Your New Job Title: Mandarin speaking Trader (Financial Markets Department)

The Skills You Need: Fluent Mandarin. Relevant UK experience in Financial Markets trading and treasury execution business and client relationship in commodities market

Your New Salary: £85-100k depending on experience + bonus

Location: Central London

Report to: Head of Financial Markets

To be successful in this role our client has said it is essential that candidates:

• are fluent in spoken and written Mandarin
• have trading experience in commodities market in the UK

Summary:

• Manage the Financial Markets trading and treasury execution business including FX, MM, Derivatives and Fixed income products; manage relationships with financial counterparts.
• Research and promote products, expand customer business, and achieve customer transactions.
• Manage the bank's liquidity, cost of liabilities, and market risk exposure of bank accounts.
• Be registered as a London branch Certified Person with regards dealing with customers.

Key result areas:

• Assist Head of FMD to achieve set revenue and department targets for London Branch FMD.
• Attain new client benchmarks, fulfil new transaction aspirations, pursue a harmony between liquidity, safety, and profitability, and realize both departmental and branch KPI goals.
• Ensure compliance with all regulatory requirements and expectations of the UK and applicable International regulations.
• Adherence to the SMCR Individual Conduct Rules.
• Compliance with the Bank’s policies including but not limited to AML / Anti - Bribery and Fraud.
• Completion of CPD training.
• Support new products development and work, including commodities with colleagues across all departments.

What You'll be Doing Each Day:

Transaction Execution & Risk Management:

• Ensure the execution of Financial Markets transactions adheres to all risk constraints, guidelines, and policies.
• Strive for optimal execution outcomes for both the bank and its clientele across financial market products.

Client and Business Development:

• Operational process includes handling client on-boarding, KYC processes, credit evaluations, presenting pricing, and culminating deals.
• Collaborate within the FMD team with a special emphasis on commodities, including product innovation, system integration, headquarters' directives, and nurturing client relationships.
• Partner with FMD and ancillary departments to unearth novel business prospects, funding avenues, and revenue streams for the branch.

Professional Conduct:

• Uphold the pinnacle of professional conduct standards.

Role Flexibility:

• Stand in for the Head of FMD and be ready to provide backup for trading personnel as circumstances dictate.
• Beyond the listed responsibilities, be prepared to assume other roles or tasks, ensuring the bank's operational fluidity.

Market Awareness:

• Stay abreast of market evolutions, particularly regulatory shifts, which could influence the FMD business landscape.

Miscellaneous Tasks:

• Address miscellaneous requirements as they arise.

The skills you need to succeed:

• Fluency in English and Mandarin, both spoken and written;
• Undergraduate degree with at least 2.1 in a quantitative subject e.g. Economics, Accounting and Finance;
• Relevant experience in the finance market with experience in commodities market;
• Interested in working at a growing bank with fast paced environment;
• Takes responsibility and needs limited oversight to accomplish projects, a self-starter;
• Strong communications skills for dealing with key internal stakeholders at a senior level;
• Ability to work to tight deadlines and deliver practical solutions;
• Candidates with existing client relationships in commodities preferred.