
Junior Derivatives Trader
1 week ago
Pay range: 5k - 8k (depending on experience)
**Key responsibilities**
- Demonstrate mastery of foreign exchange market & products, especially on USDCNH (including spot, forward, swaps, options & cross currency swaps)
- Assist to manage house FX positions based on the understanding across multiple composition of business background
- Manages the book autonomously (within the risk limits); ensuring the positions and strategies remain within the agreed risk and credit parameters, and identifying potential shocks that may cause these parameters to be breached
- Generates positive P/L, and Consistent proven records of trade objectives achievements
- Assist to Negotiate ISDA's and clearing broker agreements, etc.
- Management of risk positions for a volatility portfolio
**Knowledge, Skills, and Abilities**
- 3-5 years’ experience in FX derivatives trading
- Mandarin speaking required
- Working knowledge on Derivatives-OTC FX and Exchange traded derivatives
- Ability to effectively prioritize tasks of high importance
- Strong problem solving and decision-making abilities
- Must be a team player and able to work with and through others
- Excellent numerical sense
- Prior experience in FX house position management would be a plus point
**Key relationships**
- Internal: Traders, Dealdesk, Treasury
- External: Clearing Brokers, Executing brokers, Exchanges
- External: OTC Counterparties, Banks
**Salary**: $5,000.00 - $8,000.00 per month
**Benefits**:
- Health insurance
Schedule:
- Early shift
- Monday to Friday
Supplemental pay types:
- Performance bonus
Work Location: In person
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