FX Trader

Job description / Role

Job Description:
Quote and manage a portfolio of FX spot and swaps covering all MENA markets as well as other peripheral markets within the bank's focus. Work with other teams, locally and globally, to best service clients through pricing, execution, trade ideas and hedging strategies. Ensure adherence to all regulation, compliance and internal risk metrics. Ensure global best practice and consistency around the region. Network within the MENA market to promote the bank in various venues as well as visit clients within the MENA region.

Key Roles & Responsibilities:
* Trading & risk manage a portfolio of MENA Spot & Forward FX, including Long Tenor FX.
* Manage a portfolio of peripheral currencies.
* Resolve settlement issues, check limits, etc.
* Interact and communicate regularly with Sales, ALM, Traders & other support functions to resolve issues/grow the business.
* Analyze P&L on daily basis. Keep management informed of P&L, risk, flows, issues.
* Improve knowledge on related financial markets/products.
* Deliver on financial objectives.
* Enhance communication with Sales to offer Clients better products and services.
* Ensure adherence to all external/internal regulations & limits.
* Maintain and enhance the Bank's image.
* Enhance and grow our E-Com FX offering.
* Provide clients with best service, pricing and execution.
* Develop junior members of the team, IGs and interns.

Requirements

Qualifications & Skills:
* Must have experience in client quoting, market making and managing Spot, Swaps including Long Tenor FX, in MENA markets in an interbank environment.
* In-depth understanding of local and global market regulations applicable to foreign exchange.
* Understanding of various limits that apply to FX Trading.
* Accuracy in bookings and trade confirmations.
* Network within the FI community that would allow him/her to generate new business.
* Strong generator of ideas and opportunities for hedging/trading and ability to communicate well with internal and external parties.
* Highly numerate.
* Ability to work under pressure.

Closing Dates:
The closing date for applications is 16/10/2014. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity & Inclusion:
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.