Trading Associate Director - FX (MENAT)

Trading Associate Director – FX (MENAT)

The Role

• We’re currently seeking an ambitious Senior FX Trader to join our Global Banking and Markets team, working together with colleagues to define, manage and achieve divisional business targets.
• In this role you will:
• Provide day-to-day support on FX activities and platforms
• Support the local FX market making activities in the MENA region
• Trading MENA FX products to generate revenue as per annual objectives
• Risk Management of the business activities within the mandated limits
• Provide consistent and accurate pricing service to sales force and clients
• Execute firm and customers' trades in accordance with desk Volcker designation and contribute to the formulation of trading strategies (where applicable)
• Adhere to local regulatory policies and trading venue rules applicable to the job holder location and the balance sheet location the trader is mandated
• Maintain a thorough knowledge of the product area including but not limited to market liquidity and volatility, pricing and trading strategies
• Build and maintain relationships with external partners, industry, clients within the framework of existing regulation
• Cement firm relationships with relevant members of the various teams in Trading, Sales, Risk Management, BSM, Product Control, Finance etc. both in Dubai and in the various sites.
• Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
• Act on unusual/ unacceptable activity or behaviors and escalate appropriately
• Contribute / drive front -office Trading and information systems development to improve controls and reduce number of cancelled and amended deals
• Act as a key partner to Sales in supporting strategic client relationships across the region.
• Work closely with EM Rates to deliver cross‑asset solutions and trade ideas, positioning Dubai as a true regional hub.
• Champion robust controls, regulatory compliance and best practice in trade execution and booking.
• To be successful in this role you should meet the following requirements:
• Significant front‑office FX trading experience at a leading financial institution, ideally with EM or regional FX exposure.
• Strong understanding of the interaction between FX and EM rates, and of regional market structure and liquidity.
• Excellent communication and stakeholder‑management skills, with comfort engaging senior management and key clients.
• A highly commercial, client‑focused mindset, combined with strong integrity and role‑model behaviour.
• Graduation degree is a MUST to secure a UAE Visa and Work Permit.
• Under the New Labour Law, only fixed term contracts shall be available to all employees of HSBC UAE (except DIFC and ADGM employees) – hence in line with the term of work permit, a 4 years’ contract would be issued.
• You’ll achieve more at HSBC.
• www.hsbc.com/careers
• HSBC is committed to building a culture where all employees are valued, respected and opinions count.
• We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment.
• We believe diversity brings benefits for our customers, our business and our people.
• Different ideas and perspectives help us innovate, manage risk and grow the business in a sustainable way.
• Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
• Issued by The Hong Kong and Shanghai Banking Corporation Limited.