Executive Director, FX & Rates Trading

Role Overview

This position involves leading and managing the FX and rates trading activities within the emerging markets (non-GCC/G10) segment of Global Markets. The candidate will oversee transaction structuring and execution, conduct risk and investment return assessments, support junior traders and colleagues, and ensure profitability while adhering to internal and external regulatory frameworks.

Key Responsibilities

• Formulate and execute business strategies by managing customer flows to exceed budget targets.
• Drive comprehensive improvements in the trading desk and Global Markets, including expanding product offerings, refining procedures, and guiding junior staff development.
• Facilitate business growth through supporting distribution channels.
• Provide accurate pricing to assist customer transactions and collaborate with Sales teams to build client relationships.
• Participate in client visits and be accessible for customer consultations.
• Collaborate with quantitative teams to enhance pricing models and valuation curves.
• Master pricing structures and modeling techniques for applicable products.
• Ensure that all curves, frameworks, systems, and processes align with market best practices and are appropriately designed.
• Generate market commentaries and trading recommendations as needed.
• Coordinate with Risk teams to adjust mandates in accordance with opportunities and the bank's risk appetite.
• Work cross-functionally to promote synergy and knowledge sharing within the organization.
• Contribute to improving reporting accuracy and operational efficiency.
• Lead and mentor junior personnel.
• Achieve financial and business goals set by the department head.
• Maintain compliance with risk and counterparty limits and internal controls.
• Identify and analyze new product and regional business opportunities.
• Develop and apply risk mitigation strategies.
• Ensure consistent and prompt pricing services for all stakeholders.
• Enhance counterparty awareness regarding firm capabilities to attract new business flows and credit limits.
• Establish and nurture strong relationships with counterparties, brokers, and other market participants.
• Fulfill additional duties as assigned by management.
• Observe Group Health & Safety policies and procedures.
• Operate within organizational governance frameworks and approved authorization limits.
• Exercise discretion and decision-making within the delegated authority of the line manager.

Qualifications and Requirements

• A bachelor's degree or equivalent qualification in Accounting, Economics, Banking, Financial Management, or related field.
• A minimum of eight years’ experience in relevant market roles with similar responsibilities.
• Comprehensive understanding of global market products pertinent to FX and rates trading.
• Proficient market-making capabilities with advanced risk management expertise.
• Familiarity with regulations, jurisdictions, and compliance obligations relevant to the role.
• Documented success in effective risk management and delivering consistent financial outcomes.
• Advanced proficiency with Microsoft Office tools, including VBA and Macro programming skills.
• Excellent interpersonal communication and stakeholder management skills.
• Strong analytical and quantitative capabilities.
• Experience using Bloomberg terminals.
• A self-motivated individual who takes initiative, solves problems effectively, and confidently engages with stakeholders.