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FX Manager - Apply now

Salary:  £60,000 - £70,000
Location: London – West End
Type: Permanent

Major Energy co. seeking FX Manager / Trader to be responsible for the setup of their FX prop desk. Resposibilities include operational settings, procedures, policy, managing FX trading activity and product pricing.

Duties

  • Responsible for setting up FX trading desk including operational settings, arranging DOA, FX policy and procedures
  • Managing dailyFX trading activity and providing a proactive FX service / solutionsto Power & Gas / Oil tradingbusinesses
  • Pricing andbuying / selling FX products withusing excellent negotiation and presentation skills
  • Working closely with Power & Gas / Oil trading desks on the basics of FX and in line with this understanding the company FX needs including hedging requirements.
  • Identifying and managingPower & Gas / Oil trading desks FX risks arising from the trading desk’s daily flows
  • Understanding and monitoring market liquidity, volatility and pricing
  • Analysis and execution of optimisation strategies, mitigating risk,
  • Expand FX trading counterparties/ manage existing counterparties
  • Taking a long-term view of FX market

Profile

  • Specialised in Power and Gasbusiness FX trading
  • Excellent knowledge and experience of the FX markets/ FX trading
  • Analytical modeling experience
  • FX market trading and analytics
  • Operational set up and running of a proprietary FX portfolio
  • Proficiency in Excel modeling, and Bloomberg
  • Comprehensive understanding of compliance and risk management
  • FX trading experience in a Power and GasTrading Firm,
  • Understanding of price formation for grey markets and the management of risk.
  • Ability to communicate effectively to senior management, regulators and other trading stakeholders.
  • Specialized in Power and Gasbusiness
  • A strong PNL track record from trading FX spots with an EM focus.
  • Strong trading discipline and deep technical & fundamental knowledge of global emerging markets and local regulations allowing for decent trade idea generation, and valuable exchange of information
  • Expert in using standard pricing tools: Bloomberg etc