FX Options Trader And Structurer

Idfc First Bank Limited; Mumbai; Sur place; INR 900 000 - 1 500 000; Plein temps

Résumé du poste

Idfc First Bank Limited in Mumbai seeks an experienced FX Options Trader & Structurer to manage the bank’s FX options trading book, price and hedge risks, and develop structured solutions for clients. The role emphasizes pricing discipline, market-making, and client-driven trade ideas.

The candidate should have a strong track record in FX derivatives, risk management, and collaboration with sales teams to grow derivatives revenues across FX and IR products. 3–6 years’ experience is preferred.

Qualifications

• 3-6 years of experience in FX Options Trading, FX Derivatives, or Structured Products in a Bank.
• Proven track record of managing FX options risk and generating trading revenues.
• Experience interacting with corporate and institutional clients.
• Experience in structuring FX and IR hedging solutions is preferred.

Responsabilités

• FX Options Book Management: Trading & Market Making.
• Provide option pricing and execution support to sales teams and clients.
• Manage market-making with disciplined risk and profitability objectives.
• Monitor volatility, skew dynamics and relative value opportunities in option trading.
• Execute hedging strategies within approved risk limits.
• Monitor stress scenarios and tail-risk events affecting the options portfolio.
• Work with internal teams to ensure adherence to risk frameworks.
• Track macro developments and market events impacting FX volatility; propose trade ideas and volatility strategies.

Connaissances

FX Options Trading

Pricing & Risk Management

Client Interaction

Formation

Graduation or equivalent

Description du poste

Job Description:

Job Requirements

Functional Designation - FX Options Trader & Structurer

Grade: G1

Desk Name: Derivatives, Pricing & High Frequency Sales / Financial Markets Group

Job Purpose

The FX Options Trader will be responsible for managing and running the Bank's FX Options trading book, providing pricing and risk management support to sales teams and clients, and contributing to the growth of derivatives revenues through structuring solutions and trade idea generation. The role requires strong expertise in options pricing, volatility markets, risk management, and client-driven derivatives solutions across FX and Interest Rate products.

Key Responsibilities

Primary Responsibility: FX Options Book Management : Trading & Market Making

• Manage and run the Bank's FX Options trading book .
• Provide competitive and timely option pricing and execution support to institutional and corporate sales team
• Manage market-making activities while maintaining disciplined risk and profitability objectives.
• Monitor volatility markets, skew dynamics, and relative value opportunities in Option Trading.
• Execute hedging strategies to manage exposures within approved risk limits.
• Monitor stress scenarios and tail-risk events impacting the options portfolio.
• Work closely with internal teams to ensure compliance with internal risk frameworks.
• Life cycle management of FX Options book
• Track global macroeconomic developments, central bank policies, and market events impacting FX volatility and suggest actionable trade ideas and volatility strategies. Contribute to market commentary and client intelligence reports.

Secondary Responsibility: FX & Interest Rate Structuring

• Design and structure FX and Interest Rate derivative solutions for corporate, institutional, and financial institution clients.
• Develop hedging solutions tailored to client risk management objectives.
• Work closely with FX, Treasury, Corporate, and Institutional Sales teams to increase derivatives penetration.
• Participate in client meetings, presentations, and strategy discussions.
• Assist relationship teams in explaining risks, payoffs, and product suitability to clients.

Desired candidate profile:

Experience

• 3-6 years of experience in FX Options Trading, FX Derivatives, or Structured Products in a Bank
• Proven track record of managing FX options risk and generating trading revenues.
• Experience interacting with corporate and institutional clients.
• Experience in structuring FX and IR hedging solutions is preferred.

Qualifications

Minimum: Graduation or equivalent

Requirements: