Associate, FX & Precious Metals Options Trader

HSBC Global Services LimitedShanghai, ShanghaiOn-siteFull-timeSenior, 5–8 yearsListed 8 hours ago

Apply now

About this role

CIB - Markets

Global Markets is part of our HSBC Corporate and Institutional Banking division, a markets-led, financing-focused business that provides investment and financial solutions. Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in 58 countries and territories. We specialise in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets.

We are currently seeking an experienced professional to join our team.

In this role, you will:

- Pricing and risk management of the FX Options business in Mainland China

- Drives the development of business initiatives with regard to the development of technical trading tools.

- Generate ideas and solutions to increase revenue generation, market share and hit ratios.

- Provides timely and accurate dealing services for clients in the assigned area of FXO trading expertise.

- Manages the firm’s inventory and trading risk under supervision and as assigned in compliance with all applicable regulation within a given business area and within desk limit structure.

- Deliver fair outcomes for customers and ensure own conduct maintains the orderly and transparent operation of financial markets.

- Provides consistent pricing and market making to sales force and target clients

- Executes firm and customers' trades in accordance with desk Volcker designation and may contribute to the formulation of trading strategies.

- Ensures all trades are booked to front office position keeping system on the day they are executed

- Reconciles daily and/or monthly reports, as assigned.

- Ability to work efficiently with members of the FX team.

- Ability to communicate effectively with other stakeholders.

- Increase brand equity & build internal network of contacts

- Oversee development of monitoring and relevant reconciliation tools to ensure effective controls.

- Help input controls to mitigate operational losses

- Ensure full understanding of products and how to book them

To be successful in the role, you should meet the following requirements:

- Prior G10 and/or EM trading knowledge (pricing & risk management).

- Degree in a numerical/quantitative subject.

- Excellent interpersonal, communication, influencing and collaboration skills.

- Mindset and track record challenging the status quo and improving operational efficiency.

- Track record working in global team and dealing with a diverse group of stakeholders.

- Computer literate, Python coding skills is optional but advantageous.

- Fluency in English and second language is preferable

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within and inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC Bank (China) Company Limited