FX Forwards Trader, Vice President (m|f|x) Frankfurt

Who We Are Looking For
As a Forward FX trader you will oversee and manage market risks that have an impact to the region’s Sales & Trading and Research business, typically driven by changes or opportunities in Foreign Exchange markets, client demand or by market driven events. The responsibilities will include the identification of risks, the analysis and the development of a trading strategy around these risks as well as the coordination across different areas, regions and groups that have an involvement, contribute to or have a responsibility in handling and resolving these risks.

Why this role is important to us
The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.

With our FX solutions, investors can access a wide range of markets and jurisdictions using our decision-making and strategy planning tools, diverse funding options and trading strategies. We deliver sophisticated avenues to tap into new sources of liquidity, capitalize on market opportunity and transact efficiently in any market environment. We have a range of solutions from various high- to low-touch principal execution methods, and outsourced agency hedging and execution solutions through our currency management offering.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

Tasks

• Provide liquidity provision to our clients and the subsequent risk management of any risk transfer.
• Manage our inventory to facilitate our client requirements and add revenue.
• Drive the expansion of our client centric FX Swaps markets business in EMEA. Meet with clients to develop and deepen our relationships.
• Analyze, discuss, and develop strategy to address significant market driven events/changes that can have risks / costs / balance sheet / liquidity / financing / clearing / collateral or other impacts to the FX business
• Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
• Ensure that the highest level of the Code of Conduct is displayed in your behaviour
• Provide appropriate management information as required to support business unit decision making
• Support the ‘Risk Excellence’ culture within the business
• Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations

Profile / Your qualification / Your personality

• A strong, practical understanding of the foreign exchange business, local markets, regulations, operations and associated credit, liquidity, financing, and clearing knowledge
• A track-record in trading of G20 currencies and interest rates with a particular focus on EUR, JPY, GBP and CHF
• The ability to market-make to our client base.
• The ability to use risk analytics, stress tests, scenario analysis relating to market risk, counterparty risks, liquidity and other risks impacting the Sales & Trading business
• Strong team player able to work within the global structure of State Street
• Highly motivated, self-sufficient, innovative, able to challenge status quo, develop or advance ideas and work with small teams as well as represent the business.
• A minimum BA degree or equivalent or a person with significant market experience.
• Good communication skills.
• Analytical and structured.
• A strong knowledge of the Foreign exchange product.

Contact

Wolfgang Lingnau

Senior HR BP Investment Services & Regions

Location

Brüsseler Str. 1-3, D-60327 Frankfurt