Andean & Mexico flow Rates/FX Trader - Director
Deutsche Bank
Job Description:
Job Title: Andean & Mexico flow Rates/FX Trader
Corporate Title: Director
Location: New York, NY
Overview
Our Emerging Markets (LATAM) team is looking to hire a director level trader to run our Andean and Mexico flow rates/FX business based in New York City office. In the role you will be responsible for market-making. You will also be responsible for managing a team of traders responsible for Andean and Mexico related Rate Swaps and FX forwards as part of our expanding franchise in coordination with our NY / global Sales & Trading team(s).
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift, and volunteer programs
What You’ll Do
- Comprehensive knowledge and wide practical knowledge of the relevant procedures, products and services within Money Market, FX and Derivative markets including interpretation and application of standard processes and the ability to immediately recognize the full range of options when matching these to business / customer needs
- Keep a consistent record of handling and executing basic foreign exchange spot, FX swaps, interest rate swaps and cross currency basis swaps
- Handle risk in a principled and optimized manner within the Firm’s risk limits
- Support the Franchise by providing prices to clients in FX and Rate cash and derivative instruments
- Maintain liquidity ratios in accordance with local regulatory and internal policies
- Support and maintain relationships with a wide range of key customers, suppliers, and colleagues to acquire / exchange information
How You’ll Lead
- Respond, at the request of the Head Trader, to Head Office and local auditors as well as FRB and State examiners during on-site reviews to achieve strong ratings for Front Office Dealing Controls
- Provide market commentary to clients and internal partners
- Provide input to business strategies and direction considering commercial business requirements as well as related risks and controls
Skills You’ll Need
- A deep understanding of the asset class and of capital and regulatory matters in OTC (cash / derivatives)
- Proven revenue results on the Rates Andean desk
- Familiarity with market standard technology
- Ability and willingness to cover emerging markets spot & forward risk, including Non-Deliverable Forwards, as required by the business
- A working knowledge of pricing and executing vanilla FX options, along with any associated hedging, would be advantageous
Skills That Will Help You Excel
- Proven risk management skills
- Strong quantitative skills
- Strong verbal and written communication skills
- Strong work ethic, detail orientation and team player
- Ability to dynamically prioritize workflow and run multiple processes simultaneously
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $200K to $485K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com.
#LI-HYBRID
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.