At a Glance
- Tasks: Support the Local Markets trading desk in a fast-paced environment and assist in tech initiatives.
- Company: Join ICBC Standard Bank, a leading global financial markets and commodities bank.
- Benefits: Competitive pay, hybrid working, generous parental leave, and wellness support.
- Other info: Opportunities for personal growth and a commitment to equal opportunities.
- Why this job: Be part of a diverse team and make an impact in global financial markets.
- Qualifications: Experience in banking, programming skills, and understanding of financial regulations.
The predicted salary is between 30000 - 40000 £ per year.
The Global Markets division of ICBCS offers sales, structuring and trading expertise to our clients across a range of products, with particular strengths in Emerging Markets. The Global Markets division comprises two core businesses, namely Commodities and Fixed Income and Currencies (FIC). The Commodities business provides trading, sales, working capital solutions and structuring expertise through its Metals and Energy teams. The division's expertise extends to the management and financing of physical commodity inventories across these asset classes. The FIC business offers a comprehensive set of foreign exchange, interest rates, credit, money markets, capital markets and structured financing products. Our clients include financial institutions, corporations, governments and institutional investors around the world.
The Local Markets & FX business is one of the two trading pillars of the FIC division, responsible for all trading activity in EM local currency rates and FX products (including Money Markets). The desk covers activity across the plethora of products that we trade in CEEMEA, China, Latam and G10.
What you'll be doing: This role is designed to provide support to the Local Markets trading desk across an array of tasks. This is a very fast-paced environment and will require the need to work under some pressure at times. In addition, the desk is expanding its technology-centric trading and risk management initiatives which the individual will be assisting in developing the infrastructure alongside the traders. The individual will be required to work closely with trading stakeholders and internal technology teams.
What you'll need to be successful: We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.
- Experience within a banking environment
- Languages: Mandarin would be beneficial but not required
- Experience in programming using Python, MATLAB, C++ or other languages
- Experience of working in a regulated environment, ideally Financial Services
- Advanced understanding of the cash FICE market and associated products
- UK Financial Regulations
- Overseeing the cash management for the desk across all countries in the region. Projecting future cash needs and market conditions to come up with the most suitable solution
- Assisting in managing various trading books across the Local Markets Desk, including through assessing and predicting the impact of risk management on various risk limits and mitigating adverse impacts of such trades on risk limits
- Overseeing the automated process for generating the documentation for access products
- Overseeing the accurate and effective implementation of the current tools and models, including for the purposes of capital utilization optimization and position monitoring
- Working closely with other departments (e.g. Risk) to develop tools to assist in trading, risk management, management information and algos
Why should you join us? ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vision statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What's in it for you? Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance. Hybrid working - the option to work remotely up to two days per week, depending on the role. Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies. Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme. Community - paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners. Development - a suite of opportunities to build the skills you need to excel in your role.
If you're excited about becoming part of our team, get in touch. We'd love to hear from you!
Junior Trader, Local Markets in London employer: ICBC Standard Bank Plc
ICBC Standard Bank Plc is an exceptional employer, offering a vibrant and inclusive work culture in the heart of London. As a Commodities Desk Assistant, you'll thrive in a dynamic team environment that prioritises professional growth and embraces innovative technology, ensuring you have the tools to succeed. With a commitment to diversity and equal opportunities, we empower our employees to be themselves and achieve their full potential while enjoying the flexibility and rewards that come with being part of a leading financial markets and commodities bank.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Trader, Local Markets in London
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Don’t shy away from reaching out directly to firms like ICBC Standard Bank Plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Trader, Local Markets in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ICBC Standard Bank Plc.
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How to prepare for a job interview at ICBC Standard Bank Plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ICBC Standard Bank Plc.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at ICBC Standard Bank Plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ICBC Standard Bank Plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
