Associate FX Forwards Trader

Associate FX Forwards Trader at Deutsche Bank

In the world’s financial markets, the DBFX team is recognized as a leader. The business combines sales, trading and research teams who structure a range of financial market products and market these to our targeted client base. Working in a period of economic and regulatory uncertainty, the team places emphasis on innovation, collaboration and risk management.

The Global Foreign Exchange (GFX) business is looking to hire a risk-manager within the FX Forwards complex. The person will be an integral part of the Global Foreign Exchange business in Sydney, Australia.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Competitive salary with superannuation paid over and above fixed pay
• 4 weeks annual leave, plus one week additional leave*, one week wellbeing leave* and the option to purchase leave (*subject to eligibility criteria)
• Salary packaging for car parking, motor vehicles, taxis and superannuation
• Parental leave benefits including 26 weeks paid leave for primary carer and 16 weeks paid leave for non-primary carer and Childcare Assistance Payment
• A range of benefits including online employee discount program, annual flu vaccinations, discounted private health insurance, employee referral program
• Insurance cover for life, total disablement and salary continuance
• Executive health checks for Directors and Managing Directors
• Matched giving and paid volunteer leave

Your key responsibilities:

You will join the FX Forwards trading desk, which is responsible for pricing and risk management of FX & XCCY swaps and in addition has significant overlap with STIR products sub 2 years tenor.

• Pricing of client deals
• Managing risk to FX Swap, IR and XCCY markets
• Driving business growth
• Funding desk cash positions
• Liaising with other traders in pricing transactions involving multiple books
• Interacting with sales and originations to generate new business
• Meeting with institutional and corporate clients alongside Sales to maintain and develop the bank’s FX franchise
• Project work to continually improve our systems and infrastructure

Your skills and experience:

To be successful in this role you will have:

• Experience of pricing and managing FX Forwards & STIR products.
• Knowledge of all short end rate derivatives, XCCY swaps, and FX Forwards
• Excellent spreadsheet and database skills (Matlab, VBA, Java)
• Proven risk management skills
• Strong interpersonal and analytical skills
• Ability to understand and interpret market trends and identify, communicate and market trade ideas

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity:

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

If you are a trans or gender diverse applicant and require support or a confidential contact during the hiring process please email dbPride.AusNZ@db.com

Key skills/competency

• FX Forwards
• XCCY Swaps
• STIR Products
• Risk Management
• Matlab
• VBA
• Java
• Client Relationship Management
• Market Analysis
• Business Development