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Director, Foreign Exchange Trading
Barclays Capital
New York, NY, United States
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Description
Barclays Bank PLC seeks Director, Foreign Exchange Trading for its New York, New York location.
Duties:
On behalf of a global financial institution, conduct quantitative analyses of information affecting investment programs and oversee electronic Foreign Exchange (FX) trading desk in Americas region including FX trading distributed system. Inform hedging decisions by analyzing market information and ensure 24 hour pricing for clients.
Evaluate and compare plans of action for investment to provide extraordinary level of service associated with company proprietary systems to price currency pairs and provide global coverage.
Leverage understanding of liquidity and volatility within FX Trading business to analyze and oversee monetization of flow from American clients.
Meet with clients to ascertain and analyze client trading activities and impact on profitability.
Monitor company automated pricing and hedging activity system.
Monitor pricing and hedging algorithms and take corrective steps to cure issues.
Utilize KDB, R, and internal reports to analyze data related to client flow and improve system profitability.
Manage major risk events.
Perform product integration with existing systems and liaise with IT teams to integrate new products into current systems.
Utilize Java programming to write pricing and hedging algorithms and change code where necessary to optimize hedgers.
Collaborate with Quantitative Analytics and IT teams to enhance Algo offering.
Liaise with internal Sales teams to pitch new bespoke Algos to clients.
Supervise 2 Traders at VP level.
Requirements:
Minimum of Master’s degree, or foreign equivalent, in Business, Management, Mathematics, Finance, Engineering (any), or related field and four (4) years of experience as a Trader, Financial Analyst, or related occupation for a financial services organization.
Must have at least four (4) years of experience with each of the following required skills:
Managing electronic Foreign Exchange systems;
Analyzing client trading activities to improve profitability;
Monitoring pricing and hedging algorithms and taking corrective steps to cure issues;
Managing major risk events;
Managing distributed systems;
Managing flow, spreads, liquidity, and risk.
Barclays is an EEO/AA employer.