Jr. FX Trader
Jr. FX Trader
UpMan Placements- Posted 6 days ago
- Be among the first 10 applicants
Job Description
Job Summary:
We are seeking a motivated and skilled Junior FX Trader to join our dynamic trading team in Singapore. This role offers a unique opportunity to manage a trading book, optimize P&L, and effectively handle risk management, all while contributing to the success of our organization and developing your career in the financial markets.
Key Responsibilities:
- Trade FX and take full ownership of the trading book, managing P&L and risk management effectively.
- Collaborate with Treasury to manage the firm's exposures and provide execution support across various transactions.
- Monitor positions, conduct hedging activities, and analyze key risk parameters to ensure compliance and performance.
- Deliver high-quality trading advice and insights to internal stakeholders, generating innovative trading ideas to enhance profitability.
- Perform P&L and risk reconciliations, assisting in the refinement of trading systems and operations for continuous improvement.
- Build and maintain strong relationships with external counterparties to facilitate effective trading strategies.
- Support other trading-related tasks and initiatives as required, demonstrating flexibility and teamwork.
Requirements:
- 1-2 years of relevant experience in FX trading or global treasury environments.
- Strong knowledge of financial markets, particularly in FX, rates, and macroeconomic trends.
- Robust risk management and analytical skills to effectively assess and mitigate market risks.
- Fluent in English, with excellent communication skills to engage with internal and external stakeholders.
- Self-motivated and results-driven, with a strong ability to work collaboratively with Treasury and other traders.
- Bachelor's or Master's degree in finance, economics, or a related field; CFA, CMT, or CAIA qualification is a plus.
- Proficiency in advanced Excel/VBA, along with familiarity with Bloomberg and/or Reuters trading platforms.
Preferred Qualifications:
- Demonstrated ability to generate innovative trading ideas and strategies that drive financial performance.
- Experience in working with cross-functional teams and managing stakeholder expectations effectively.
- Keen interest in global economic trends and their impact on financial markets.
- Familiarity with regulatory frameworks governing FX trading and overall financial operations.
