Senior FX Trader

3 weeks ago


New York, New York, United States Lloyds Banking Group Full time

Job Overview:

Lloyds Banking Group is seeking a highly skilled Senior FX Trader to join our team in New York. As a key member of our Global FX business, you will be responsible for managing and executing basic foreign exchange spot, forward, and derivative products across various asset classes.

Key Responsibilities:

  • Supervise and have responsibility for all market risk and funding of the positions carried by the FX business, covering both Spot FX and Forward FX.
  • Handle all related risks in accordance with the Banks policies, procedures, and reporting requirements as well as any relevant regulatory and statutory requirements.
  • Offer consistent and competitive pricing, best execution, and risk management in support of the CB Markets FX Strategy, according to standard methodologies and regulatory requirements.
  • Ensure an appropriate control and conduct framework is established, supervised, and adhered to.
  • Validated trading experience and management potential with the ability to empower others towards achieving common goals.
  • Able to communicate sophisticated issues and procedures verbally and/or by producing detailed reports, adapting the style and content according to the target audience.
  • Support our client franchise by optimizing end-to-end deliverables of FX Products and Services in collaboration with business partners and support functions.
  • Support the design and analysis of relevant internal MI and critical metrics, client analysis, and external business intelligence.
  • Review and analyze key external trends and influences ensuring a wide range of information is used to support the development of the business.
  • Provide input to business strategies and direction taking into account commercial business requirements and related risks and controls.

Requirements:

  • Undergraduate degree or equivalent experience.
  • Minimum of 8 years of proven experience.
  • Proven ability to manage and execute basic foreign exchange spot, forward, and derivative products across various asset classes.
  • Knowledge of FX options and other structured products.
  • Strong knowledge of Bloomberg.
  • Familiarity with STIR products.
  • Familiarity with market standard technology.
  • Ability to dynamically prioritize workflow and run multiple processes simultaneously.
  • Ability to proactively handle tasks and issues.
  • Organizational awareness.
  • Strong work ethic, detail orientation, and great teammate.
  • Strong written and oral communication skills.
  • Strong skills in various Office products (Excel, PowerPoint).
  • Series 7, 63 & CISI Qualification.

About Lloyds Banking Group:

Lloyds Banking Group is a UK-focused retail and commercial bank with more than 30 million customers globally. We have been operating in North America for over 100 years, providing a client-focused approach for global businesses with strong links to the UK.

Salary Range: $255,000 - $340,000


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