eFX Trader - AVP/ VP

MUFG


Date: 1 week ago
City: London
Contract type: Full time
Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

eFX Trader - Vice President

Overall Purpose of Job:

Responsible for eFX book running during London hours, monitoring and analysing client trading behaviour, driving enhancements to eFX pricing and hedging strategy and working with eSales to optimise client experience and performance

Essential Functions*:

  • Maximize E-Markets PnL across products, through regular performance review and client optimization
  • Trade Monitoring - eg. atypical flows, unusual client behavior - Position Breaks, eg. Falcon STP issues, Technology Issues & collaborate closely with Morgan Stanley trading
  • Collaborate closely with FXDTD and Sales to grow MSMS PnL and Sales Margin
  • Work with E-Sales & Voice Sales to optimize client pricing in electronic products to achieve PnL and market share goals
  • Work with global sales force to enhance client engagement and improve client service
  • Drive requirements & provide guidance to SMEs and quant team to develop performance alerting & client valuation models
  • Communicate with internal sales and trading Matrix users at MUFG on pricing and trade behavior
  • Own review and execution of suggested pricing changes, provide feedback to further improve signals

Education

  • Advanced degree in quantitative areas from Top universities

Work Experience

  • At least 3 years book running experience
  • At least 3 years client analysis experience
  • Deep understanding of FX products including pricing and risk management
  • Familiarity with clients’ product needs and trading behaviour
  • Familiarity with electronic trading platforms

Functional/Technical Skills And Knowledge Requirements

  • Ability to concentrate and perform in fast paced trading environment
  • Ability to follow the guidance to avoid operation errors
  • Coding skills in any modern language (e.g. Python, Kdb/Q)
  • Ability to use software prototyping and developing client analysis tool sets
  • Ability to communicate efficiently with colleagues and clients

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

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