Senior FX & Markets Trader
Singapore, Singapore, SG
Job Purpose:
Part of the APAC Regional Markets trading franchise with a primary focus on FX (NDFs, forwards), rates and credit derivatives, money markets, structured products, and bonds. This role will manage risk across books, drive P&L, and support the hedging needs of commodity-linked businesses, particularly during Asian trading hours.
The role combines hands-on trading, risk ownership, business development in emerging markets, and leadership of a small local team, while acting as a key interface with senior management.
Responsibilities:
- Act as trader for APAC Regional Markets across FX NDFs and forwards, FX options, interest rate products, money markets, structured products and bonds.
- Monitor intraday risk, liquidity, and market conditions; adjust positions and strategies dynamically to protect and enhance P&L
- Ensure accurate pricing and best execution for internal stakeholders and external counterparties
- Own market, liquidity and basis risk across assigned books; ensure positions remain within approved limits and mandates
- Design and implement robust hedging strategies for FX, interest rate and cross-currency risks, especially for commodity-linked exposures
- Ensure strict adherence to internal policies, regulatory requirements, and best practices for trading, conduct, and model usage
- Translate commercial exposures into clear market risk profiles and propose appropriate hedging instruments and tenors
- Partner with commercial teams to structure bespoke solutions that balance risk mitigation, flexibility, and cost
Education and Experience:
- Bachelor’s degree in finance, Economics, Mathematics, Statistics, Engineering
- Strongly valued: Master’s degree in Finance / Financial Engineering / Economics / Quantitative discipline
- 5-8 years of front-office trading experience in FX spot, forwards, NDFs, and options; and rates/credit derivatives, money markets, structured products, and/or bonds
Technical and Professional Skills:
- Proven track record of: Managing a significant trading book with clear, consistent P&L contribution as well as operating within defined risk limits, with strong risk management discipline
Direct experience with:
- Hedging FX exposures for corporate or commodity-related businesses
- Trading and/or risk-managing emerging markets
Languages:
- Fluency in English is required.
- Proficiency in additional languages such as Chinese, Portuguese, Spanish, or French is a strong asset.