Mandarin speaking Commodities Trader

First People Recruitment; City Of London; On-site; GBP 85,000 - 100,000; Full time

Job summary

An established industry player is seeking a Mandarin-speaking Trader to join their Financial Markets Department. In this exciting role, you will manage trading and treasury execution, focusing on commodities while ensuring compliance with UK regulations. You will leverage your fluency in Mandarin and experience in financial markets to build strong client relationships and drive business development. This dynamic position offers the opportunity to work in a fast-paced environment, contributing to the growth of a reputable bank while navigating the complexities of the financial landscape. If you are a self-starter with a passion for trading, this is the perfect chance to make your mark.

Qualifications

• Fluency in English and Mandarin, both spoken and written.
• Undergraduate degree with at least 2.1 in a quantitative subject.

Responsibilities

• Manage Financial Markets trading and treasury execution business.
• Ensure compliance with regulatory requirements and bank policies.
• Develop client relationships and support new product development.

Skills

Fluent Mandarin

Trading experience in commodities market

Strong communication skills

Ability to work to tight deadlines

Self-starter

Education

Undergraduate degree in a quantitative subject

Job description

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Your New Job Title: Mandarin speaking Trader (Financial Markets Department)

The Skills You Need: Fluent Mandarin. Relevant UK experience in Financial Markets trading and treasury execution business and client relationship in commodities market

Your New Salary: £85-100k depending on experience + bonus

Location: Central London

Report to: Head of Financial Markets

To be successful in this role our client has said it is essential that candidates:

• are fluent in spoken and written Mandarin
• have trading experience in commodities market in the UK

Summary:

• Manage the Financial Markets trading and treasury execution business including FX, MM, Derivatives and Fixed income products; manage relationships with financial counterparts.
• Research and promote products, expand customer business, and achieve customer transactions.
• Manage the bank's liquidity, cost of liabilities, and market risk exposure of bank accounts.
• Be registered as a London branch Certified Person with regards dealing with customers.

Key result areas:

• Assist Head of FMD to achieve set revenue and department targets for London Branch FMD.
• Attain new client benchmarks, fulfil new transaction aspirations, pursue a harmony between liquidity, safety, and profitability, and realize both departmental and branch KPI goals.
• Ensure compliance with all regulatory requirements and expectations of the UK and applicable International regulations.
• Adherence to the SMCR Individual Conduct Rules.
• Compliance with the Bank’s policies including but not limited to AML / Anti - Bribery and Fraud.
• Completion of CPD training.
• Support new products development and work, including commodities with colleagues across all departments.

What You'll be Doing Each Day:

Transaction Execution & Risk Management:

• Ensure the execution of Financial Markets transactions adheres to all risk constraints, guidelines, and policies.
• Strive for optimal execution outcomes for both the bank and its clientele across financial market products.

Client and Business Development:

• Operational process includes handling client on-boarding, KYC processes, credit evaluations, presenting pricing, and culminating deals.
• Collaborate within the FMD team with a special emphasis on commodities, including product innovation, system integration, headquarters' directives, and nurturing client relationships.
• Partner with FMD and ancillary departments to unearth novel business prospects, funding avenues, and revenue streams for the branch.

Professional Conduct:

• Uphold the pinnacle of professional conduct standards.

Role Flexibility:

• Stand in for the Head of FMD and be ready to provide backup for trading personnel as circumstances dictate.
• Beyond the listed responsibilities, be prepared to assume other roles or tasks, ensuring the bank's operational fluidity.

Market Awareness:

• Stay abreast of market evolutions, particularly regulatory shifts, which could influence the FMD business landscape.

Miscellaneous Tasks:

• Address miscellaneous requirements as they arise.

The skills you need to succeed:

• Fluency in English and Mandarin, both spoken and written;
• Undergraduate degree with at least 2.1 in a quantitative subject e.g. Economics, Accounting and Finance;
• Relevant experience in the finance market with experience in commodities market;
• Interested in working at a growing bank with fast paced environment;
• Takes responsibility and needs limited oversight to accomplish projects, a self-starter;
• Strong communications skills for dealing with key internal stakeholders at a senior level;
• Ability to work to tight deadlines and deliver practical solutions;
• Candidates with existing client relationships in commodities preferred.