FX Trader

Rabobank

Our Organization

Rabobank Wholesale Banking North America is part of Rabobank, a global financial services leader providing wholesale, rural and retail banking services in more than 40 countries worldwide. Founded by Dutch farmers over a century ago, Rabobank remains true to our core mission: to create value for our customers, our employees, and the local communities where we do business. Rabobank today is one of the world’s largest banks with over $650 billion in assets. In North America, Rabobank is a premier financial institution providing services across the food and agriculture value chain. RDS’s support functions champion over 1,300 employees throughout Rabo AgriFinance and Rabobank North America Wholesale, companion Rabobank subsidiaries.

 

Job Overview/Purpose

Markets Trading NY has traders that facilitate the pricing and risk management of FX Spot, Fx Forward, FX Option products and the FX e-markets platform .  These people work on the day-to-day responsibilities associated with the FX desk which include – manning e-markets platform, pricing client deals and watching customer orders and risk managing the NY FX trading book.

 

Context of Job

FX continues to be a reliable and dependable asset class within  Markets and a genuine client product requirement. We provide global FX coverage for our clients 24 hours a day from the open in Asia on Monday until the close on Friday in NYC.

 

Key Responsibilities and Accountabilities

Provide pricing and manage risk for FX Book from e-markets platform after European hours – staying until the hand over to Hong Kong.
Monitor and execute spot orders for global customers and send confirmations to salespeople.
Service any FX customer requests via salespeople on NYC trading floor.
Price and execute FX options and delta hedge.
Provide effective coverage in current staff absence.
Key Relationships

The employee has relationships with the global FX trading teams.

Includes the spot desks in London and Asia.

Person also has relationships with the sales force.

 

Core Competencies

Customer Focus, Focus on Results, Cooperation and Communication

 

Qualifications (Essential):

Applicant must have a Bachelor’s Degree or foreign equivalent in Finance, Economics, Engineering (any field), or closely related field
Preferred Applicants will have a minimum of 3 years of experience in: Trading Derivative products, working with Banking Sales Teams; executing, hedging and risk managing a portfolio of Trades whose risks can include (but are not limited to) exposure in Interest Rates, Foreign Exchange
Desirable:

Strong excel skills; VBA; Python

 

We Offer:

With healthcare and insurance costs on the rise, Rabobank employees enjoy a first-class benefits package, featuring a selection of medical coverage and investment options to meet your personal needs. Our benefits program includes:

Medical
Dental
Vision
Health care spending account
Dependent care spending account
Basic life insurance plus AD&D insurance
Optional life insurance
Short-term disability
Long-term disability
401(k) program
Health and wellness seminars
Tuition reimbursement
Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity, gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law.  Rabo also prohibits harassment of any individuals on any of the bases listed above.

Consistent with this policy, Rabo embraces diversity and welcomes employees and applicants of all backgrounds.  Our goal is to create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectations of our clients and customers.

To apply for this job please visit wd3.myworkdaysite.com.