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Financial Market Specialist
1 week ago
We are seeking a skilled Financial Market Specialist to join our team at Wotransfer Pte. Ltd.
About the Role:
Monitor global financial markets, staying informed about economic news, market trends, and geopolitical events that may impact currency exchange rates.
Analyze market conditions using technical and fundamental analysis to identify profitable trading opportunities.
Execute trades on behalf of clients or the financial institution using electronic trading platforms, ensuring timely placement of orders and execution of trades based on market conditions and risk management strategies.
Implement effective risk management techniques to protect against potential losses, setting stop-loss orders and take-profit targets to limit exposure.
Develop and implement trading strategies based on market analysis and risk appetite, continuously evaluating and refining strategies to adapt to changing market conditions.
Track and analyze trading performance metrics, such as profit and loss, win ratio, and risk-reward ratio, identifying areas for improvement and taking necessary actions to enhance profitability.
Stay updated with regulatory changes and compliance requirements related to foreign exchange trading, ensuring adherence to legal and ethical standards while executing trades.
Build and maintain relationships with clients, financial institutions, and other market participants, providing guidance, market insights, and trading recommendations to clients.
Conduct research on various currencies, economic indicators, and market trends, generating market reports, forecasts, and recommendations for internal and external stakeholders.
Attend seminars, conferences, and webinars to enhance knowledge about forex trading strategies, risk management techniques, and new technologies in the industry.
Requirements:
Bachelor's degree in Finance, Economics, or a related field.
Proven experience as a Foreign Exchange Trader or related role.
Strong track record of profitable trading and risk management.
Relevant certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) are a plus.
Excellent knowledge of global financial markets, economic indicators, and currency trading strategies.
Proficiency in using trading platforms, analytical tools, and financial software.
Strong mathematical and statistical skills.
Excellent problem-solving and decision-making abilities.
Good understanding of regulatory requirements and compliance standards in the financial industry.
Ability to work independently and as part of a team in a fast-paced trading environment.