Assistant Vice President/Manager, Prop Trading (FX)

Responsibilities:

• Meet and exceed trading objectives by achieving both team as well as individual trading goals.
• Perform foreign exchange trading (FX spot, forward, NDF and FX options) and generate individual proprietary trading profit within assigned guidelines and limits according to the Treasury’s business plans.
• Support customer FX business by providing competitive pricing to sales teams.
• Manage FX cash flow, maturity distribution and FX gapping position.
• Report to Team Lead for large trades taken and the open positions from time to time and at the end of day, and assist in monitoring market irregularities and identifying potential risks that may impact trading activities.
• Oversee the Bank’s order book and execute trades on a back-to-back basis as directed by other traders in the chatroom.
• Ensure the desk’s operation within authorized guidelines or limits prior to participate into transaction.
• Prepare routine reports for management and relevant business units, including FX Daily P&L Reports, Option Expiry Reports, and monthly ALCO Reports etc.
• Study and recommend new product, new instruments for investment and/or trading opportunity.
• Handle ad hoc tasks/projects as assigned.

Requirements:

• Degree in Finance, Business Administration, or related discipline
• Professional qualifications, such as CFA, ECF-TM and pass in HKSI Papers 1, 7 & 8  are preferred
• Minimum of 7 years of solid experience in treasury / FX trading
• Solid knowledge of FX, interest rate and financial markets, products, and instruments
• Good communication skills, and strong analytical skills with high sensitivity to figures
• Good risk control sense and problem-solving abilities
• Ability to work under pressure and handle ambiguity
• Candidates with less experience may be considered for Manager position

The employment is subject to Mandatory Reference Checking Scheme.  For details, please refer to (Mandatory Reference Checking Scheme Phase 2 | The Hong Kong Association of Banks) .