Principal Dealer (Interest Rate Markets, Foreign Exchange and Gold)

The Bank for International Settlements is looking for a Principal Dealer (Interest Rate Markets, Foreign Exchange and Gold) to join the Representative Office for the Americas in Mexico City.

Principal Accountabilities:

The position supports the money market, fixed income, foreign exchange, gold and derivative dealing activities in the Mexico City’s dealing room. The principal tasks are as follows:

1. Assisting in the pricing, trading, hedging and development of BIS Treasury instruments, both in the short and medium terms, and supporting the liquidity management of the Bank’s balance sheet;
2. Assisting in developing the asset/credit book of the BIS by researching, pricing and investing in a range of assets for the BIS’s own book during North America’s trading hours;
3. Assisting in providing foreign exchange and gold services to customers and executing related trades on behalf of the BIS and its clients;
4. Providing quick and accurate pricing in relation to all of the above;
5. Hedging and taking positions in accordance with limits and BIS policies;
6. Reconciling P&L for the Bank’s books;
7. Contributing to the development of new products on the asset and liability side;
8. Observing financial markets and analysing market trends, political and economic indicators and countries’ financial and monetary policies, particularly in the Americas;
9. Establishing and maintaining contacts with commercial banks in the Americas.

By joining the Regional Treasury and Asset Management team:

• Have the opportunity to collaborate closely with dedicated and knowledgeable professionals in a positive and stimulating working environment.
• Join an international and diverse team that believes in collaboration, is open to ideas, and encourages new members with a diverse group of backgrounds and experiences.
• Get exposure to all areas of the Bank, giving you the opportunity to grow your career at the BIS.

Qualifications, skills, and experience:

• University degree or equivalent experience.
• Relevant work experience in a dealing position in a full range of treasury-related products.
• Excellent knowledge of a broad range of products in all major financial markets.
• Experience in FX or gold trading is desirable.
• Knowledge of regional financial markets and their infrastructures is desirable.
• Excellent communication skills in English (written and spoken). Knowledge of Spanish is desirable.
• Good technical and analytical skills.
• Strong computer literacy.
• Dynamic and client-oriented with good interpersonal skills.
• Capacity to work under pressure on several issues simultaneously.
• Excellent organisational skills. Capable of working in a multinational environment.
• Good personal initiative and judgment.
• Good team player.

Who we are:

The Bank for International Settlements is a diverse organization with colleagues from over 60 countries. By joining us, you will work in a unique, highly rewarding, and international work environment. We truly value diversity and inclusion and want to reflect the world we serve. We want the best people to work for us in an inclusive environment, so we welcome applications from all qualified candidates. At the BIS, we value equality and diversity in all its forms, including those with a breadth of professional experience. One way we support diversity and inclusion is through our staff-run networks. You can discover more about diversity at the BIS here.

What the BIS offers:

We want your time at BIS to be a rewarding and career-enriching experience. We offer an agile and flexible working environment with hybrid working opportunities including home office and working from abroad days. To support our international applicants, we offer relocation support that extends to your dependent family members. In addition, thanks to our ongoing commitment to diversity and inclusion, we offer a competitive compensation and benefits package, including support for working families including childcare and education allowances (where applicable). Finally, we offer a genuinely unique international working environment, which will give you exposure to the global financial system and the opportunity to collaborate with passionate experts from all over the world.

We strive to ensure that individuals are provided reasonable accommodation to participate in the application or interview process, and to perform essential job functions. Should you wish to request accommodation, support in completing this application, or participating in the application process, then please reach out to the recruitment team at staffing@bis.org.