What are the responsibilities and job description for the EMFX Trader position at NatWest?
This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.
NatWest Markets (NWM) is the global markets franchise of NatWest Group, the largest business and commercial bank in the UK. We operate from trading hubs in London, Singapore, Stamford, and Amsterdam with sales offices in the UK, the EU, the US, and Asia.
Our award-winning US Markets business brings together sales, trading and strategy to offer a unified service to our corporate and institutional clients. We provide clients with seamless execution and competitive pricing, underpinned by a deep knowledge of risk management across the full spectrum of financial products. We have a clear strategy in place which puts clients at the centre of what we do.
We are looking to add to our growing Global EM FX team at NWM. This role will be based in Stamford, but you will work closely within the Global pod with teams based in London and Singapore. Your focus will be driving the LATAM NDF franchise alongside exploring untapped opportunities in the wider EM space in that time zone. You will benefit from having access to our Global customer franchise including a strong mix of Corporate, FI, Real Money and Private Fund names.
Role Responsibilities:
Provide consistent levels of pricing, ensuring that the client pricing capability is consistent with business goalsDevelop strong EM FX offering across traditional Voice and Electronic venues
Develop and implement target client acquisition, penetration and product plans for product / region and client base
Increase client connectivity through strategy, communication and client engagement
Contribute to the Global EM franchise development, reviewing all flows and market movements across various regions and building strong communication channels with wider teams
Conduct regular reviews looking at key flow metrics as well as desk performance and formulate plans to address underperforming areas
Contribute to the overall desk trading strategy
Ensure that your product area is compliant with dealing authorities, positions and risk limits, as well as our regulators' rules and regulations
Escalate any risk breaches or system weaknesses in line with policies, whether this be related to market risk, conduct risk, operational risk or otherwise
Role Requirements:
Deep understanding of the FX market along with proven knowledge of relevant productsDemonstrated ability to work collaboratively with stakeholders and counterparts
Outstanding team work and communication skills
Strong work ethic and a high degree of initiative
Client and solutions experience with relevant client types
Proven understanding of the regulatory environment affecting the FX business
Experience creating efficiencies and improvements in workflows and processes
Bi-lingual in Spanish is a plus
Role Qualifications:
5 years of experience in EM FX Trading expertise, ideally covering Latam NDFsUniversity Degree
The expected base annual salary range for this position is $190,000-$210,000 at the start of employment. This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", “EEO is the law- Supplement” & “Pay Transparency Provision” posters here.
Salary : $190,000 - $210,000