Fixed Income Trader, Mandarin Speaker

Morgan McKinley; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Morgan McKinley is seeking a Trader for its Global Markets division to rapidly develop banking talents. You will work across a range of financial instruments, covering China market exposures and building market making capabilities.

The role involves managing the China trading book across IR, FX and Credit, trading a broad suite of products, and collaborating with Sales and Structuring to promote capabilities while ensuring compliance with risk and regulatory standards.

Qualifications

• Extensive experience in rates and FX markets, cash and derivatives.
• Experience in a regulated financial services environment.

Responsibilities

• Deliver business plans for the China trading book across IR, FX, and Credit.
• Trade both offshore and onshore products including bonds, CCS, FX Swaps, IRS, TRS, CLNs.
• Support Sales and Structuring in promoting capabilities and communicate with Head of Desk.
• Operate within credit and market risk limits and adhere to regulatory requirements.
• Minimise operational risk and escalate incidents when necessary.

Skills

Rates markets

FX markets

Cash products

Derivatives

Regulated financial services

Job description

Global bank seeks a Trader within its Global Markets division offering an outstanding opportunity to rapidly develop your banking talents. You will work across a range of financial instruments, operating within very different markets and countries.

The Local Markets business is one of the two trading pillars of the FIC division; responsible for all trading activity in FIC products. The Role of the Trader is to bring experience in China market and build on market making capabilities.

Delivery of Business Plans

• Manage China trading book, covering all range of products, IR, FX and Credit.
• Trading both offshore and offshore products, including bonds, CCS, FX Swaps, IRS, Bonds, TRS, CLNs etc
• Support the Sales and Structuring Team in promoting our capabilities.
• Ensure that relevant information is communicated to Head of Desk
• Ensure you operate within relevant Credit and Market risk limits
• Ensure that the relevant Regulatory , Legal and Compliance risks and rules that pertain to the business activities are understood and fully adhered to
• Ensure you operate in a manner to minimise Operational risk and escalates incidents if they arise

Conduct

• Maintain an awareness of and comply with all Anti Money Laundering laws, regulations, policies and procedures relevant to the Bank
• Escalate all significant Regulatory / Compliance issues immediately through appropriate channels
• Develop and maintain a Senior Managers Regime plan and working document to evidence compliance with the regime
• Operates within the terms of the SLAs with Standard Bank Group

New Business Risk

• Ensure you are aware of approved products
• Ensure any proposed New Business has a robust strategical rationale
• Ensure that any new business initiatives are appropriately sponsored in the NPC, NPP and TAC forums

Key Skills

• Relevant market experience, with strong working knowledge of Rates and FX markets, in both cash and derivatives.
• Experience of working in a regulated Financial/Professional Services environment