At a Glance
- Tasks: Manage FX product flows, pricing, and risk management for diverse clients.
- Company: Deutsche Bank, a leading global bank with strong European roots.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Commitment to diversity and continuous learning for career progression.
- Why this job: Join a dynamic team and make an impact in the fast-paced FX market.
- Qualifications: Experience in flow trading, strong quantitative skills, and understanding of local markets.
The predicted salary is between 50000 - 70000 € per year.
The Global Emerging Markets business covers a comprehensive Effective Margin product suite of Foreign Exchange (FX), Rates and Credit from Vanilla to complex products. It provides access to onshore and offshore markets via direct or electronic channels, as well as synthetic formats. In addition, it also provides financing solutions spanning capital markets, loans, and asset-backed financing, from investment grade to distressed. The client base coverage spans the entire spectrum including sovereigns, quasi-sovereigns as well as global/local institutional and corporate clients.
You will be managing product flows along with pricing and risk management/portfolio optimisation. You will be providing liquidity to Deutsche Bank Clients who range from financial institutions to corporates and be aware of and monitor markets and identify opportunities between different markets plus ability to develop hedging strategies.
What we’ll offer you:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non-contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide-ranging CSR programme + 2 days’ volunteering leave per year.
Your key responsibilities:
- Managing product flows along with pricing and risk management/portfolio optimisation.
- Providing liquidity to Deutsche Bank Clients who range from financial institutions to corporates.
- Execution, trade capture and Profit and Loss signoff for the trading books.
- Continuous exploration of overall platform enhancements – working closely with relevant teams to streamline, automate the pricing/risk management (where applicable) and work on workflows solutions for clients.
Your skills and experience:
- Understanding of Central Eastern Europe, Middle East & Africa, Local Markets including an understanding of onshore and offshore dynamics across FX and Rates.
- Experience in Flow trading and market making business.
- Strong quantitative skills (preferably in econometrics) and product knowledge.
- Understanding of regulations across various countries will be desirable.
- Understanding and proficiency in managing risk in trading books - Interest Rate Risk, Secured Overnight Financing Risk, and Cross Currency (xccy) Basis Risk.
- A deep understanding of debt capital/bond/credit markets, credit environment and comfortable pricing a variety of instruments, including interest swaps, cross-currency swaps and Forward Rate Agreements (FRAs).
How we’ll support you:
- Training and development to help you excel in your career.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
We value diversity and as an equal opportunities employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).
About us: Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Emerging Markets – FX Trader in London employer: Deutsche Bank
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London that prioritises employee development and wellbeing. With a commitment to hybrid working, competitive salaries, and a comprehensive benefits package including private healthcare and generous holiday allowances, employees are empowered to thrive both professionally and personally. The culture fosters continuous learning and inclusivity, making it an ideal place for those seeking meaningful career growth in the fast-paced world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Emerging Markets – FX Trader in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance world, especially those who work in FX trading. Attend industry events, join relevant online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge. Stay updated on current trends in Emerging Markets and FX. Be ready to discuss how you would manage product flows and pricing strategies. Show them you’re not just a candidate, but a potential asset to their team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on articulating your understanding of risk management and portfolio optimisation. The more comfortable you are, the better you’ll perform when it counts!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get your application in and let’s make some waves in the FX market together!
We think you need these skills to ace Emerging Markets – FX Trader in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Emerging Markets – FX Trader role. Highlight relevant experience in FX, Rates, and Credit, and don’t forget to showcase your quantitative skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about trading in emerging markets and how your background aligns with our needs. Let us know what makes you tick and why you want to join StudySmarter.
Showcase Your Market Knowledge:In your application, demonstrate your understanding of the Central Eastern Europe, Middle East & Africa markets. Mention any specific experiences or insights you have that relate to onshore and offshore dynamics in FX and Rates. We love candidates who are in tune with the market!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Deutsche Bank
✨Know Your Markets
Make sure you brush up on your knowledge of Central Eastern Europe, the Middle East, and Africa. Understand the onshore and offshore dynamics across FX and Rates. Being able to discuss current market trends and how they impact trading will show that you're not just a candidate, but a potential asset.
✨Quantitative Skills Matter
Since strong quantitative skills are essential for this role, be prepared to demonstrate your proficiency in econometrics. You might be asked to solve problems or analyse data during the interview, so practice some relevant scenarios beforehand to showcase your analytical abilities.
✨Risk Management Insights
Familiarise yourself with managing risk in trading books, especially Interest Rate Risk and Cross Currency Basis Risk. Be ready to discuss your previous experiences with risk management and how you would approach it in this role. This will highlight your understanding of the complexities involved in FX trading.
✨Showcase Your Trading Experience
If you have experience in flow trading or market making, make sure to bring it up! Prepare specific examples of trades you've executed, how you managed product flows, and any strategies you developed. This will help the interviewers see your practical knowledge and how you can contribute to their team.
