Job Purpose:
To continue and develop further the FX Options Trading capability of FAB Derivatives Trading Desk. In charge of FX options Pricing and Risk management generating trading/hedging ideas strengthening the current desk architecture and trading platform proposing new products. Work closely with FX & rates Desk GM Sales GM Risk and other stakeholders and develop new trading initiatives with departments across the bank to increase the revenue stream.
Key Accountabilities:
- Market Making for the sales force in GCC/G10/EM currencies and subsequent risk management of volatility positions.
- Responsible for the financial performance of the FX Options trading desk within the assigned market risk limits and internal/external regulatory framework.
- Responsible for the relationship with interbank brokers and counterparties.
- Driving the innovation of new payoffs/products from financial modeling and pricing to front to back trade workflow.
- Leading the development improvement and modernization of the trading desk architecture.
- Being market focused PnL driven sales and business oriented highly motivated humble hardworking eager to succeed entrepreneurial responsible.
- Being a team member all round.
- To retain and increase FAB identity and high profile towards clients and market as the main player for FX Derivatives business in the MENA region.
- Anticipating customer needs and responding to requirements in a timely and efficient manner. Building positive relationships with Sales for the benefit of existing and new clients.
- Recognizing and demonstrating the ability to exploit new business avenues generating additional flow for the unit up and beyond his mandate.
- Adapting to changes and arising needs by supporting and leading new desk initiatives keep open dialogue among desks.
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Qualifications :
Qualifications & Experience:
- 7 15 Years of banking experience within a similar field.
- Quantitative field education and employment background.
- Strong experience in trading and managing FX volatility risk at a leading bank.
- Deep knowledge of EM its products and drivers
- Proven PnL track record in EM currencies.
- Ability to work accurately and confidently under pressure.
- Strong interpersonal skills in order to interact and collaborate with team members sales stakeholders and Management.
Remote Work :
No
Employment Type :
Fulltime