At a Glance
- Tasks: Manage and trade a diverse portfolio of Emerging Market FX and Rates products.
- Company: Join a leading global markets team with a dynamic trading environment.
- Benefits: Competitive salary, professional development, and opportunities for mentorship.
- Other info: Collaborate with international teams and contribute to innovative trading strategies.
- Why this job: Make impactful trading decisions in a fast-paced, global setting.
- Qualifications: Experience in FX or Interest Rate Derivatives trading is essential.
The predicted salary is between 60000 - 80000 £ per year.
- Emerging Markets FX & Rates Trader
- Join Our Global Markets Team
We are seeking an experienced Emerging Markets FX & Rates Trader to join our Global Markets business.
This is an exciting opportunity for a high-performing trader to take ownership of risk management, pricing, and market-making activities across a diverse Emerging Markets portfolio, while working closely with Sales, Structuring, Quants, Risk, and international trading teams.
The successful candidate will be responsible for managing and growing the performance of the EM FX and Rates Trading Desk, trading within approved mandates and risk limits, and delivering liquidity and pricing solutions to institutional clients across a range of Emerging Markets products.
Key Responsibilities
- Trading & Risk Management
- Manage and risk oversee a portfolio of Emerging Market FX and Rates products within authorised trading mandates and limits.
• Trade a range of EM currencies including
- PLN
- CZK
- HUF
- RON
- ZAR
- TRY
- ILS
- MXN
- Trade FX and linear Interest Rate Derivative products.
- Monitor, manage, and hedge portfolio risks on both an intraday and overnight basis.
- Develop and implement trading strategies aligned with market opportunities and business objectives.
- Ensure strict adherence to market, credit, and operational risk limits.
- Market Making & Client Engagement
- Act as a market maker for institutional and corporate clients across Emerging Markets products.
- Provide competitive pricing and risk solutions for client transactions.
- Maintain strong relationships with sales teams, clients, brokers, and counterparties.
- Communicate market views, trading ideas, and future market developments to internal stakeholders.
- Strategy & Business Development
- Identify market trends and opportunities to maximise revenue within prescribed risk parameters.
- Stay informed on global macroeconomic developments, financial markets, and geopolitical events impacting Emerging Markets.
- Contribute to the overall trading strategy and business planning of the Global Markets franchise.
- Support product development and pricing of new transactions and initiatives.
- Governance, Risk & Controls
- Ensure full compliance with trading mandates, regulatory requirements, and internal policies.
- Maintain strong operational controls through accurate and timely trade capture.
- Escalate trading disputes, risk concerns, or control issues appropriately.
- Collaborate with Compliance, Market Risk, Credit Risk, Operations, and Audit teams to ensure a robust control environment.
- Leadership & Collaboration
- Provide technical guidance and mentorship to junior team members.
- Collaborate closely with Sales, Structuring, Quantitative Research, Technology, Risk, Operations, and international trading desks.
- Participate in regular strategy discussions and cross-functional initiatives.
- Required Experience
- Proven experience in FX and/or Interest Rate Derivatives trading.
- Demonstrated experience managing and risk-managing a trading book.
- Strong understanding of Emerging Markets products and market dynamics.
- Experience operating within a regulated financial markets environment.
- Track record of making sound decisions in fast-paced trading environments.
Skills & Knowledge
Essential
• Strong knowledge of
- FX products
- Interest Rate Derivatives
- Trading and hedging strategies
- Market liquidity and volatility dynamics
- Excellent numerical and analytical skills.
- Advanced spreadsheet and technology proficiency.
- Strong communication and stakeholder management capabilities.
- Ability to think quickly and make sound decisions under pressure.
- Team-oriented mindset with strong collaboration skills.
Desirable
- Degree in Mathematics, Finance, Economics, Engineering, Physics, or another quantitative discipline.
- Additional language skills.
- Experience with Bloomberg, Reuters, Orchestrade, Sigma, or equivalent trading platforms.
What We're Looking For
You are a commercially minded trader with a strong risk management discipline, excellent market instincts, and the ability to thrive in a dynamic global trading environment.
You combine technical expertise with strong stakeholder management skills and are passionate about delivering results for clients and the business.
Emerging Markets FX & Rates Trader in London employer: LevelUP HCS
As a Senior Banker at our esteemed firm, you will thrive in a dynamic and collaborative environment that champions innovation and professional growth. Our commitment to fostering strong relationships with financial sponsors across diverse sectors ensures that you will be at the forefront of impactful transactions, while our supportive culture encourages mentorship and the development of junior team members. Located in a vibrant financial hub, we offer competitive benefits and unparalleled opportunities for career advancement, making us an exceptional employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Emerging Markets FX & Rates Trader in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LevelUP HCS. 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 Emerging Markets FX & Rates Trader 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 LevelUP HCS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LevelUP HCS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LevelUP HCS
✨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 LevelUP HCS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LevelUP HCS 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 LevelUP HCS 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.
