Foreign Exchange (FX) Options Trader

Deutsche Bank; Greater London; On-site; GBP 125,000 - 190,000; Full time

Benefits offered by this job

Hybrid Working

Competitive salary

30 days holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible benefits

CSR volunteering leave

Job summary

Deutsche Bank in London seeks a Foreign (FX) Option Trader at Vice President level to join the Global Foreign Exchange team. You will collaborate across sales, trading and research to structure and market FX options for a diverse client base.

The role emphasizes risk management, pricing and execution across currencies and derivative products, with client meetings to expand the FX franchise. Hybrid working supports development and wellbeing.

Qualifications

• Understanding of quantitative trading techniques for FX Derivative portfolios in both developed and emerging markets.
• Proven ability to leverage AI tools to enhance productivity, optimise workflows, and apply ethical judgment.
• Experience in an array of currencies and derivative products with strong market structure awareness.

Responsibilities

• Directing portfolio risk-management within flow derivative global portfolios in the London timezone.
• Oversee pricing/execution of client transactions and hedges across a wide range of Foreign Exchange markets.
• Quoting the bank’s franchise in the region across a wide range of currencies and derivative products.
• Meeting with institutional and corporate clients alongside Sales to maintain and develop the bank’s FX franchise.
• Identify and nurture new opportunities and relationships with institutional and corporate clients.

Skills

Quantitative trading

AI tools usage

FX derivatives

Relationship building

Market knowledge

Tools

Python

QuantLib

Job description

Position Overview

Job Title: Foreign (FX) Option Trader

Location: London

Corporate Title: Vice President

In 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 You

A 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 them


• Competitive salary and non-contributory pension


• 30 days’ holiday plus bank holidays, with the option to purchase additional days


• Life Assurance and Private Healthcare for you and your family


• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits


• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your Key Responsibilities

• Directing portfolio risk-management within flow derivative global portfolios in the London timezone


• Oversee pricing/execution of client transactions and hedges across wide range of Foreign Exchange markets


• Quoting the bank’s franchise in the region across a wide range of currencies and derivative products


• Meeting with institutional and corporate clients alongside Sales to maintain and develop the bank’s FX franchise


• Identify and nurture new opportunities and relationships with institutional and corporate clients
  
• Project work to continually improve our systems and infrastructure

Your Skills And Experience

• Understanding of quantitative trading techniques for FX Derivative portfolios in both developed and emerging markets


• Proven 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 outputs


• Experience in an array of currencies and derivative products


• Strong 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 problems

How We’ll Support You

• A culture of continuous learning to aid progression


• A range of flexible benefits that you can tailor to suit your needs


• We 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 Us

Deutsche 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.