Senior Director - FX Options Trading
Role Overview
To complement the Rates and NL business generating yearly income of AED 200 Mio by managing the Non-Linear FX and rates flow business within approved limits.
This role also allows the trader to manufacture products working with the Structuring team which in turn allows Corporate and Institutional Sales in particular (bank stakeholders as a whole), to expand the flow business from clients.
Take on market risk positions from internal desks (Sales) / provide hedging trade ideas for our own account and external clients.
Train junior members as appropriate.
Customer interaction as appropriate.
Provide efficient and competitive pricing.
Key Skills for This Role
Full Job Posting
Job Purpose
- To complement the Rates and NL business generating yearly income of AED 200 Mio by managing the Non-Linear FX and rates flow business within approved limits. This role also allows the trader to manufacture products working with the Structuring team which in turn allows Corporate and Institutional Sales in particular (bank stakeholders as a whole), to expand the flow business from clients.
- Take on market risk positions from internal desks (Sales) / provide hedging trade ideas for our own account and external clients.
- Train junior members as appropriate.
- Customer interaction as appropriate.
- Provide efficient and competitive pricing.
- Job Content
- Trading profit to meet yearly Non-Linear budget (business level) target
- Trading FX &Interest Rate Vol to achieve the budgeted target.
- Support the Sales and Structuring, using appropriate communication skills. This support will range from market commentary, pricing and manufacturing products subject to market conditions.
- Written and verbal communication to the desk members. Provide daily market updates/commentary at the appropriate market meetings.
- Quote competitive and quick pricing when asked by Sales & Structuring desk
- Contribute to the implementation of Calypso (GM&T’s IT Platform) to ensure Interest FX Derivatives can be maintained and priced effectively.
- Attend meetings, test and UAT as appropriate. Take leading role in creating new FX related derivatives.
- Effectively manage other Non-Linear traders using appropriate man-management skills. Focus on achieving the team budget.
- Manage the team effectively and input into balance scorecards
- Education
- Post-graduate in banking, economics, finance, math or related business disciplines.
- Experiences
- 8-10 years experience in IR trading with proven good track records
Knowledge & Skills
- Ability to price non-linear products & manage the risk internally.
- System implementation skills for non-linear products.
- Technical and fundamental Knowledge of trading G7 & EM Markets
- Exotic/Structured Product Knowledge
- Calypso / Numerix systems
- Bloomberg/Reuters
- Natural leadership skills. Display an ability to work under pressure within approved trading limits.
- Behavioral Competencies
- Motivated self-starter who is well organized and able to manage a small team and work with limited supervision. Strong interpersonal and communication skills.
- #LI-KS1
Qualifications
- Ability to price non-linear products & manage the risk internally.
- System implementation skills for non-linear products.
- Technical and fundamental Knowledge of trading G7 & EM Markets
- Exotic/Structured Product Knowledge
- Calypso / Numerix systems
- Bloomberg/Reuters
- Natural leadership skills. Display an ability to work under pressure within approved trading limits.
- Behavioral Competencies
- Motivated self-starter who is well organized and able to manage a small team and work with limited supervision. Strong interpersonal and communication skills.
About Emirates NBD
Government-controlled UAE banking group providing retail, corporate, wealth-management and Islamic banking across the MENAT region.
Visit company websiteJobs and hiring trendsApply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Emirates NBD
Assistant Manager - Credit MIS and Analytics (UAE National)
, UAE
Emirates NBD is seeking an Assistant Manager to develop retail credit MIS, dashboards, and analytical reports. The work includes portfolio monitoring, loss forecasting, segmentation model execution, and stakeholder repor
Senior Implementation Officer (FTC)
, UAE
Emirates NBD seeks a Senior Implementation Officer for technical onboarding of corporate and institutional banking clients onto cash-management and trade channels. The role integrates payment systems, manages implementat
Head of Assets and Liabilities Proposition - Business Banking
, UAE
Head of Assets and Liabilities Proposition - Business Banking
Dubai, UAE
Business Analyst
, UAE
Emirates NBD seeks a Business Analyst to support an Agile squad delivering corporate cash management channel products and enhancements. The role covers requirements, testing, stakeholder and vendor coordination, producti
Head of Assets and Liabilities Proposition - Business Banking
Dubai, UAE
Emirates NBD is seeking a business banking proposition leader to develop product plans and manage customer value, growth, market share, and profitability. The role requires a relevant bachelor’s degree and at least 15 ye
Director Priority Banking (For Future Openings) - Dubai
Dubai, UAE
Assistant Manager - Credit MIS and Analytics (UAE National)
, UAE
Senior Implementation Officer (FTC)
, UAE
Assistant Manager, FX & Cash Management Sales
Dubai, UAE
Head of Assets and Liabilities Proposition - Business Banking
, UAE
Head of Assets and Liabilities Proposition - Business Banking
Dubai, UAE
Business Analyst
, UAE
Head of Assets and Liabilities Proposition - Business Banking
Dubai, UAE
Director Priority Banking (For Future Openings) - Dubai
Dubai, UAE