Foreign Exchange (FX) Options Trader

Deutsche Bank AG; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid working

Competitive salary

Pension

Holiday entitlement

Life Assurance

Private Healthcare

Retail Discounts

Bike4Work

Gym benefits

Volunteering leave

Job summary

Deutsche Bank in London seeks an FX Options Trader to join the Global Foreign Exchange Derivatives team. You will manage risk across flow portfolios, oversee pricing and execution of client hedges and transactions, and quote the bank across currencies and products.

The role emphasizes client engagement, system improvements and collaboration with Sales to expand the FX franchise. The ideal candidate has strong quantitative trading skills, experience with FX derivatives, and a practical approach

Qualifications

• Strong understanding of FX derivative markets and risk controls.
• Ability to structure and price FX option strategies across currencies.
• Experience applying AI tools to trading workflows and data outputs.

Responsibilities

• Direct portfolio risk-management for flow derivative portfolios in London time.
• Oversee pricing and execution of client FX transactions and hedges.
• Quote the bank across currencies and derivative products to maintain franchise.
• Meet with institutional and corporate clients with Sales to grow FX business.
• Identify new opportunities and relationships with clients and institutions.
• Lead initiatives to improve trading systems and infrastructure.

Skills

Quantitative trading

FX derivatives

AI tools

Market structure

Client relations

Risk management

Tools

Python

Bloomberg

Job description

Job Description:Job Title: Foreign (FX) Option TraderLocation: LondonCorporate Title: Vice PresidentIn the world’s financial markets, Deutsche Bank Foreign Exchange team is recognised as a leader. The business combines sales, trading and research teams who structure a range of financial market products and market these to our targeted client base. Deutsche Bank trades all currencies, including G10, Emerging Markets and Precious Metals, in all tenors. Working in a period of economic and regulatory uncertainty, the team places emphasis on innovation, collaboration and risk management.The Global Foreign Exchange (GFX) business is looking to hire an FX Options Trader within the FX Derivatives global complex.You will be an integral part of the Global Foreign Exchange business in London.What we’ll offer youA healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.You can expect:Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for themCompetitive salary and non-contributory pension30 days’ holiday plus bank holidays, with the option to purchase additional daysLife Assurance and Private Healthcare for you and your familyA range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefitsThe opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per yearYour key responsibilitiesDirecting portfolio risk-management within flow derivative global portfolios in the London timezoneOversee pricing/execution of client transactions and hedges across wide range of Foreign Exchange marketsQuoting the bank’s franchise in the region across a wide range of currencies and derivative productsMeeting with institutional and corporate clients alongside Sales to maintain and develop the bank’s FX franchiseIdentify and nurture new opportunities and relationships with institutional and corporate clientsProject work to continually improve our systems and infrastructureYour skills and experienceUnderstanding of quantitative trading techniques for FX Derivative portfolios in both developed and emerging marketsProven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsExperience in an array of currencies and derivative productsStrong understanding of market structure and capable of building relationships with participants and stakeholders (clients, exchanges, regulators etc)Commercial focus, ability to take initiatives, and skills to solve complex business problemsHow we’ll support youA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsWe value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)About usDeutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers .If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [e-mail] to discuss.We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.