Head of Trading China, GMD

Crédit Agricole SA; Asia; On-site; PEN 750,000 - 1,001,000; Full time

Job summary

Crédit Agricole CIB in Shanghai seeks a seasoned Head of Trading China within the Global Markets Trading (GMT) division. You will lead the local markets trading team, focusing on FX and rates and non-linear products, and ensure compliant risk management and execution.

You will oversee day-to-day trading activity, risk positions, and the EMTP platform, while implementing the business strategy in alignment with the bank’s governance.

Qualifications

• Degree or equivalent experience, preferably in a Mathematical/ Scientific area.
• CFETS trader qualification license for CNY or FX market.
• Experience in all aspects of managing a team (i.e. people, systems, HR, sales) and leading a trading desk.

Responsibilities

• Formulate trading strategies daily by analyzing market data and establishing positions.
• Execute transactions accurately and in line with risk controls.
• Price and record all client transactions in front office systems.
• Maintain effective desk-level delegation for targets, risk and profitability.
• Coordinate GMT operations ensuring proper controls, segregation of duties and reconciliations.

Skills

Strong initiative

Highly motivated

Creative

IT literate

Strong leadership

Mathematically minded

GMT product knowledge

Customer-focused

Education

Degree or equivalent in Mathematical/Scientific field

Job description

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group, the 10th largest banking group in the world *.

We support major companies and financial institutions in their development and the financing of their projects.

As pioneers in responsible finance, social and environmental commitments are at the heart of our activities.

Joining our teams means working in a multicultural environment, both dynamic and stimulating, where you will contribute to developing a sustainable economy.

We support employees throughout their journey: you will develop your skills and access various mobility opportunities among the diversity of our businesses in more than 30 international locations.

Our culture is built on collaboration, innovation and openness, where everyone is valued and empowered.

By working every day in the interest of society, Crédit Agricole CIB aligns with the Group values committed to diversity and inclusion and placing people at the heart of all its transformations.

All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.

Ready to take part in our mission ?

*By balance sheet size - The Banker, Juillet 2025

Reference

2026-115536

Publication date

15/09/2026

Business type

Types of Jobs - Others

Job title

Head of Trading China, GMD

Contract type

Permanent Contract

Job summary

Position Summary

Responsible for trading local markets products with focus on FX and rates and non-linear products. Local markets refer to any currencies derivative products approved by CBRC locally, GMT internally to be dealt onshore in China. Lead the local market trading team in China.

Responsible for the trading team in China within the Global Markets Trading (GMT) division. As such he has direct responsibility over

• The individuals allocated to this team


• Risk positions and results for the Asia Emerging Markets Trading Platform (EMTP), and FX Option.


• The management of day to day conduct of business (inc. but not limited to compliance with all internal and regulatory rules)


• The implementation of the EMTP business strategy in line with the bank.

Supplementary Information

Key Responsibilities

Strategy and Business Planning

• Formulate trading strategies daily by analyzing the latest market data and establishing positions to take advantage of market moves.


• Execute transactions accurately and in accordance with established risk management procedures and risk parameters.

Daily Trading & Administrative Responsibilities

• Price and execute all client transactions in the market sector for which responsible.


• Timely record and enter all transactions into front office trading systems in line with applicable trading procedures in effect.

Management and Reporting

• Ensure an adequate management structure is in place, for the trading, and that responsibility for each activity within the business is clearly established, communicated to and accepted by those responsible.


• Institute proper desk level delegation and responsibility for PL targets and risk management and supervising the desks’ profitability and risk management

Control

• Co-ordinate and streamline the operations of and controls within GMT environment and ensure these are adequate and documented.


• Ensure adequate internal controls (including the effective management of risk, clear segregation of duties and full reconciliation procedures) are established to address the risks identified for the GMT business and thereafter monitor that they are working effectively.

Geographical area

Asia, China

City

Shanghai

Degree or equivalent experience, preferably in a Mathematical/ Scientific area

CFETS trader qualification license for CNY or FX market

Level of minimal experience

11 years and more

Experience

Experience in all aspects of managing a team (i.e. people, systems, HR, sales)

Experience in financial products, derivatives or related trading/ risk management activities

Able to understand the nature of Credit & Rates markets

CFETS FX and local currency license

Required skills

Strong Initiative

Highly motivated

Creative

IT literate

Able to listen to customers’ needs and advise the best trading/hedging strategies for each one on a case by case scenario.

An overall in depth knowledge of the markets.

Strong leadership skills

Mathematically minded.

Good understanding of the GMT product line