Senior Banknote Trader - FX Risk & Hedging Lead

StoneX Group Inc.; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

StoneX Group Inc. is looking for a Senior Banknote Dealer based in Greater London. In this full-time position, you will manage the commercial aspects of trading current-issue and legacy banknotes, focusing on FX-linked pricing and inventory risk.

Key responsibilities include trading high volumes of banknotes, managing bid/offer spreads, and designing hedging strategies. Strong experience in banknote or FX trading, along with significant commercial judgement, is essential.

Qualifications

• Extensive experience in banknote trading or FX trading.
• Strong understanding of FX markets, forwards, swaps, and hedging mechanics.
• Advanced numeracy and risk awareness.

Responsibilities

• Trade high volumes of banknotes across currencies.
• Manage bid/offer spreads for clients.
• Source notes from banks and exchange houses.
• Design and execute hedging strategies.

Skills

Banknote trading expertise

FX market understanding

Risk management

Multilingual skills

Education

Professional qualifications (e.g. ACI, ACT, CFA, IBNS)

Job description

StoneX Group Inc. is looking for a Senior Banknote Dealer based in Greater London. In this full-time position, you will manage the commercial aspects of trading current-issue and legacy banknotes, focusing on FX-linked pricing and inventory risk.

Key responsibilities include trading high volumes of banknotes, managing bid/offer spreads, and designing hedging strategies. Strong experience in banknote or FX trading, along with significant commercial judgement, is essential.