Vice President, Asian FX Trader

TN United Kingdom; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player seeks a dynamic individual to join their Asian currency trading team. This role involves being a subject matter expert in Asian FX trading, supporting sales with tailored solutions, and managing customer flows during the European timezone. You will contribute to market making revenue while ensuring compliance with regulatory requirements. The company values innovation and collaboration, providing a platform for you to thrive and make a significant impact in a fast-paced environment. If you are passionate about trading and eager to grow your career in a supportive setting, this opportunity is perfect for you.

Qualifications

• Direct front office global markets experience in trading Asian currencies.
• Proven track record of generating FX trading revenue.

Responsibilities

• Support salesforce in providing solutions for EM currency exposures.
• React to client enquiries ensuring proposed solutions are appropriate.
• Provide a competitive market making service to MUFG’s EMGD client base.

Skills

Passion for trading

Understanding of FX markets

VBA / Excel pricing sheets

Macro economic analysis

Technical analysis skills

Intermediate development skills in C++

Intermediate development skills in Python

Intermediate development skills in Java

Education

Advanced degree in financial or scientific field

Tools

Excel

Job description

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Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

MUFG's expertise as a foreign exchange (FX) provider covers all major currencies and markets with a real focus on Asian currencies. We offer comprehensive trading services, as well as bespoke Foreign Exchange risk management solutions for a wide variety of situations. We focus on building high-quality, long-term relationships with our clients, who benefit from our excellent credit rating and liquidity position. This is underpinned by MUFG's global network that covers 50 countries. We enjoy market dominance in Asian currency trading. By joining the emerging market FX voice trading team you will be joining a dynamic team which is expected to see strong revenue growth through the next medium term business plan. You will be working closely with MUFG’s sales representatives to provide often bespoke trading solutions, to corporate, institutional, central bank, and government clients.

Number of Direct Reports

• None

Main Purpose of the Role

• To be a subject matter expert in Asian currency trading.
• To be a key participant in pushing our Asian Powerhouse Strategy for the EMEA region.
• To serve the needs of MUFG’s EMGD FX client base with their Asian (EM) FX exposures.
• To risk manage all customer flows during European timezone in Asian (EM) currencies.
• To accumulate market making revenue.
• To monitor positions of the EM desk and make sure desk is within credit and market limits.
• To be a conduit between London and other global trading desks.

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 particularly 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

• 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 one of KRW/IDR/INR or TWD offshore currencies.
• Some experience in EM Rates.
• Experience in trading both onshore and offshore Asian markets.
• Exposure to EM Institutional investors.

Skills and Experience

Functional / Technical Competencies:

• Passion for trading, particularly in FX or emerging markets space.
• A strong understanding of FX markets especially the emerging market macro landscape.
• Experience in VBA / Excel pricing sheets.
• Strong macro economic and technical analysis skills.

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:

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 prioritize work accordingly.
• Strong decision making skills, the ability to demonstrate sound judgement.
• A structured and logical approach to work.
• 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 pressurized environment.

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