This job has expired, please see additional jobs below
Global Markets – Vice President – Emerging Markets Foreign Exchange Trader
HSBC
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
Provides timely and accurate execution of trades for Company’s targeted institutional clients in assigned area. Manages the firm’s trading risk as assigned. Responsibilities commensurate with level assigned.
Primary Responsibilities/Essential Functions:
• Effectively maintains various risk positions and manages position limits, providing liquidity to clients and markets in order to maximize total revenue of trading profit plus commission
• Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary
• Provides consistent pricing and market making to sales force and target clients
• Monitors all daily electronic trading activity and determines where certain trades should be routed for execution, reviews all activity for accuracy of account information
• 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
• Ensures compliance monitoring is in place, including processes for management of operational risk, in accordance with HSBC and regulatory standards
• Provides management direction to foster effective selection, development and reward of subordinates (if applicable) while contributing to initiatives in support of the Company's Diversity programs
• Complete other related duties as assigned
Decision-Making Responsibility:
• Uses initiative and independent judgment to analyze, problem solve and proactively respond to client issues. Expected to make the necessary decisions to carry out own job responsibilities and meet primary goals and objectives. Evaluates and escalates complex issues and/or problems to manager
Management of Risk
• Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues
• Promote an environment that supports diversity and reflects the HSBC brand
Observation of Internal Controls
• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
Qualifications
• Two to five plus years institutional trading experience, detailed knowledge of all aspects of equity trading/compliance
• Bachelor's degree in Finance, Economics, or equivalent work-related experience
• Typically series 7 and 63 registrations (may not have registrations in HBUS)
• Excellent verbal and written communication skills, must have strong analytical skills
• Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills
• Able to understand and manage complex and diverse instruments
EEO/AA/Minorities/Women/Disability/Veterans