Vice President, Asian FX Trader

MUFG; City Of London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading global financial services provider seeks an expert in Asian currency trading to enhance its growth strategy in EMEA. The role involves delivering tailored solutions to diverse clients and effectively managing risks in a dynamic market. Candidates should possess relevant experience in trading and a strong grasp of FX markets, especially in emerging economies. Flexibility in working arrangements is available.

Qualifications

• Direct front office global markets experience with Asian currencies.
• Proven track record of generating FX trading revenue.
• Ability to work in a pressurized environment.

Responsibilities

• Act as a subject matter expert in Asian currency trading.
• Deliver tailored solutions for EM currency exposure.
• Manage risk across all customer flows in Asian EM currencies.

Skills

Passion for trading in FX

Strong understanding of FX markets

Strong numerical skills

Attention to detail

Education

Bachelor’s degree

Tools

C++

Python

Java

Job description

Overview of the Department/Section

MUFG is a leading global Foreign Exchange (FX) provider with a strong expertise and a particular focus on Asian markets. Our Emerging Market FX Voice Trading team has seen significant growth in recent years and plays a key role in our medium term ambition of becoming an Asian Powerhouse. Our global Asian FX team have traders in 5 different location working alongside both our Asian onshore trading teams and our Asian Rates team. This interaction gives us direct access to different liquidity sources and provides greater market intelligence.

The role offers both high global visibility and a certain level of autonomy. Regular interactions with our onshore trading centres and Asian rates team is expected, ensuring close collaboration across regions. You will be working closely with MUFG’s sales representatives to provide often bespoke trading solutions, to corporate, institutional, central bank, and government clients

Main Purpose of the Role

• Act as a subject matter expert in Asian currency trading.

• Play a central role in advancing MUFG’s Asian Powerhouse Strategy for the EMEA region.

• Serve the needs of MUFG’s EMGD FX client base, delivering tailored solutions for their Asian EM exposures.

• Manage risk effectively across all customer flows in Asian EM currencies during the European timezone.

• Generate market-making revenue while maintaining disciplined risk management.

• Monitor the EM desk’s positions to ensure compliance with credit and market limits.

• Be a key link between London and our global trading desks, ensuring smooth communication and coordination.

Key Responsibilities

• Support salesforce in providing solutions for their EM currency exposures.
• React to client enquiries ensuring proposed solutions are appropriate for the client and meet the requirements of best execution.
• To provide a competitive market making service to MUFG’s EMGD client base.
• To trade and accumulate market making revenue particular in Asian currencies.
• To price accurately all new currency pricing requests through voice channel.
• To monitor all electronic delivery channels to ensure pricing streams are accurate.
• To provide trade ideas and alpha generation in FX products especially EM related currencies.
• To provide market commentary and updates both internally and externally on emerging markets.
• To monitor market and credit limits for the desk.
• Conduct business in line with regulatory requirements.
• To support desk head with any specific requests.

Work Experience

Essential:

• Direct front office global markets experience in trading with exposure to Asian currencies.
• Proven track record of generating FX trading revenue.
• Proven ability to work in a pressurized work environment.

Preferred:

• Market making in NDF offshore currencies.
• Some experience in EM Rates.
• Experience in trading both onshore and offshore channels.
• Exposure to EM Institutional investors.

Skills and Experience

Functional / Technical Competencies:

Essential

• Passion for trading, particularly in FX or emerging markets space.
• A strong understanding of FX markets especially the emerging market macro landscape.
• Strong numerical skills and attention to detail.

Preferred:

• Intermediate development skills in C++ , Python or Java.
• Demonstrated ability to create own pricers for EM FX forward curves using money market instruments.
• Model and scenario analysis.

Education / Qualifications

Essential

• Bachelor’s degree and equivalent industry experience required

Preferred:

• Advanced degree in financial or scientific field.

Personal Requirements

• Growth mindset and eagerness to learn.
• Results driven, with a strong sense of accountability
• Extremely strong numerical skills
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute