Global Currency Hedge Trader

DV Trading LLC; Greater London; On-site; GBP 120,000 - 190,000; Full time

Job summary

DV Trading LLC in London seeks a Global Currency Hedge Trader to manage and optimize FX exposure from a multi-currency equity platform. The role focuses on identifying, modeling, and hedging currency risk with a highly quantitative approach.

You will build and deploy models to optimize hedge ratios, execute across spot, forwards, and swaps, and collaborate with equity traders, researchers, and risk teams to embed currency risk management into the trading platform.

Qualifications

• 3+ years of FX trading or currency portfolio management at a leading prop firm, hedge fund, or bank.
• Strong quantitative background with portfolio optimization, risk, or trading models.
• Deep understanding of G10 and EM FX markets (spot, forwards, swaps, funding).
• Experience managing multi-currency portfolio exposures tied to global assets.
• Strong programming ability in Python, C++, or similar for production models.
• Experience with large market data and real-time risk systems.
• Advanced degree in quantitative fields preferred.

Responsibilities

• Identify, aggregate, and manage FX exposure from global equity trading activity.
• Build quantitative models to optimize currency hedging decisions and balance costs/liquidity.
• Develop hedge ratio optimization frameworks and hedging timing/models.
• Execute hedges across spot, forwards, and swaps in G10/EM currencies.
• Monitor portfolio currency risk across regions and strategies.
• Improve models with market structure, correlations, and macro FX dynamics.
• Collaborate with equity traders, researchers, and risk teams to embed currency risk management.
• Analyze hedge performance to refine models and hedging efficiency.

Skills

FX trading

Quantitative analysis

G10/EM FX markets

Multi-currency exposure management

Python

C++

Statistical methods

Advanced degree preferred

Education

Advanced degree in quantitative finance/related field

Tools

Python

C++

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
Overview:
We are seeking a Global Currency Hedge Trader to manage and optimize FX exposure generated by a large global equities trading platform. The role focuses on systematically identifying, modeling, and hedging currency risk arising from a multi-currency equity portfolio. This position requires a highly quantitative trader who can design and implement models that dynamically optimize hedge ratios, minimize currency exposure, and efficiently manage execution across global FX markets. The role sits close to the trading desk and will be responsible for building a systematic framework for managing FX risk embedded in global equity flows. Ideal candidates will come from a top proprietary trading firm, hedge fund, or bank FX desk with experience managing institutional-scale currency exposures.

Requirements:

• 3+ years of FX trading or currency portfolio management experience at a leading prop trading firm, hedge fund, or investment bank.
• Strong quantitative background with experience building portfolio optimization, risk, or trading models.
• Deep understanding of G10 and EM FX markets, including spot, forwards, swaps, and funding dynamics.
• Demonstrated experience managing multi-currency portfolio exposures tied to global assets.
• Strong programming ability in Python, C++, or similar, with experience building production-quality models.
• Strong statistical intuition and experience working with large market datasets and real-time risk systems.
• Advanced degree in quantitative finance, mathematics, physics, engineering, statistics, or computer science preferred.
  

Responsibilities:

• Identify, aggregate, and manage FX exposure generated by global equity trading activity.
• Build quantitative models to optimize currency hedging decisions, minimizing portfolio‑level FX exposure while balancing transaction costs and liquidity.
• Develop systematic frameworks for hedge ratio optimization, timing of hedges, and instrument selection.
• Execute FX hedges across spot, forwards, and swaps across G10 and EM currencies.
• Monitor and manage portfolio‑level currency risk across multiple regions and trading strategies.
• Continuously improve models by incorporating market structure, correlations, and macro FX dynamics.
• Work closely with equity traders, quantitative researchers, and risk teams to integrate currency risk management into the broader trading platform.
• Analyze hedge performance and exposures to refine models and improve hedging efficiency.
  

DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.