We’re looking for a candidate to fill this position in an exciting company.
Accountable for establishing and maintaining frameworks to ensure FXO processes are efficient, appropriate and compliant. Particularly for the structured product and correlation team
Accountable for effective management of operational risks within FXO.
Exercise all supervisory responsibilities as outlined in the FM Code of Conduct.
Ensure adherence to all internal and external regulations. Ensure that the business meets its obligations the prevention of money laundering under the Group Policy and Standards and under local laws and regulations. Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations amongst colleagues and work in collaboration with risk and control partners.
Contribute to continuous process improvement and sharing best practice.
Risk-manage FXO Books as part of global FXO team. Experience in vanillas and exotics pricing and risk management
Execute hedging strategies for G10 Flow Books and assist global team in developing and executing the game plan
Assist in development of risk management tools for new structured/correlation products as they are developed
Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures
Comply with guidelines as outlined in the annual dealer mandate
Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance
Monitor all major risk issues and concentrations and ensure that trading limits are adhered to by all FXO traders
Effectively manage the risk from customer transactions
3+ years practical experience market-making and risk-managing Flow Vanilla and First Generation Exotic in FX Options (across EM Asia and G10).
Good Knowledge of FXO technology systems and familiarity with single dealer platforms.
Robust up-to-date Macro understanding of G10 and EM Asia economies and likely impact on relevant FX markets