Trading Associate Director FX (MENAT)

Trading Associate Director FX (MENAT)

If youre looking for a career that will give you plenty of opportunities to develop join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top or simply take you in an exciting new direction HSBC offers opportunities support and rewards that will take you further.

Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24-hours global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in more than 60 countries and territories worldwide. We specialise in foreign exchange credits and rates structured derivatives equities and debt equity and equity-linked capital markets.

The Role

Were currently seeking an ambitious Senior FX Trader to join our Global Banking and Markets team working together with colleagues to define manage and achieve divisional business targets.

In this role you will:

• Provide day-to-day support on FX activities and platforms
• Support the local FX market making activities in the MENA region
• Trading MENA FX products to generate revenue as per annual objectives
• Risk Management of the business activities within the mandated limits
• Provide consistent and accurate pricing service to sales force and clients
• Execute firm and customers trades in accordance with desk Volcker designation and contribute to the formulation of trading strategies (where applicable)
• Adhere to local regulatory policies and trading venue rules applicable to the job holder location and the balance sheet location the trader is mandated
• Maintain a thorough knowledge of the product area including but not limited to market liquidity and volatility pricing and trading strategies
• Build and maintain relationships with external partners industry clients within the framework of existing regulation
• Cement firm relationships with relevant members of the various teams in Trading Sales Risk Management BSM Product Control Finance etc. both in Dubai and in the various sites.
• Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
• Act on unusual/ unacceptable activity or behaviors and escalate appropriately
• Contribute / drive front -office Trading and information systems development to improve controls and reduce number of cancelled and amended deals

• Act as a key partner to Sales in supporting strategic client relationships across the region.
• Work closely with EM Rates to deliver crossasset solutions and trade ideas positioning Dubai as a true regional hub.
• Champion robust controls regulatory compliance and best practice in trade execution and booking.

To be successful in this role you should meet the following requirements:

• Significant frontoffice FX trading experience at a leading financial institution ideally with EM or regional FX exposure.
• Strong understanding of the interaction between FX and EM rates and of regional market structure and liquidity.
• Excellent communication and stakeholdermanagement skills with comfort engaging senior management and key clients.
• A highly commercial clientfocused mindset combined with strong integrity and rolemodel behaviour.
• Graduation degree is a MUST to secure a UAE Visa and Work Permit.
• Under the New Labour Law only fixed term contracts shall be available to all employees of HSBC UAE (except DIFC and ADGM employees) hence in line with the term of work permit a 4 years contract would be issued.

Youll achieve more at HSBC.

is committed to building a culture where all employees are valued respected and opinions count. We take pride in providing a workplace that fosters continuous professional development flexible working and opportunities to grow within an inclusive and diverse environment.

We believe diversity brings benefits for our customers our business and our people. Different ideas and perspectives help us innovate manage risk and grow the business in a sustainable way. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement which is available on our website.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.

Required Experience:

Director

Employment Type : Full Time
Experience: years
Vacancy: 1