Foreign Exchange Dealer

Velocity Trade International; Singapore; On-site; SGD 140,000 - 210,000; Full time

Job summary

Velocity Trade seeks an experienced institutional FX professional to join our APAC team in Singapore. You will structure, price and execute FX transactions, manage relationships with banks, corporates and family offices, and collaborate with global desks to expand our FX and derivatives footprint.

Based in Singapore, you will contribute to a follow-the-sun trading approach, monitor risk, and deliver market insights and tailored hedging solutions to clients across Asia.

Qualifications

• At least 5 years' experience in institutional FX sales, trading or dealing, preferably with a bank, broker or liquidity provider.
• Demonstrated experience in structuring, pricing and executing FX Options and Structured Products, including Vanilla, Exotic, and Structured Options.
• Commercially minded with the ability to build client relationships and generate business.
• Strong understanding of market dynamics, risk management and institutional client requirements.
• Actively manage and monitor real-time client positions, leverage, collateral & margin requirements.
• Strong analytical, communication and problem-solving skills.
• High level of integrity, professionalism and attention to detail.
• Fluency in Mandarin would be an advantage.

Responsibilities

• Price and execute client transactions across FX products including Spot, Forwards, Swaps and NDFs and Options.
• Structure, price and execute FX options and structured hedging solutions, including Vanilla, Exotic and Structured Options.
• Primary, direct front office touchpoint for institutional, corporate and global family office clients.
• Manage and grow relationships with existing clients, providing market insights, execution support and product expertise.
• Develop new business opportunities across Asia and contribute to the growth of the Group's FX and derivatives franchise.
• Work closely with global trading desks, liquidity providers and internal teams to support trading and client servicing activities.
• Ensure all activities are conducted in accordance with internal policies and applicable regulatory requirements.

Skills

FX sales

Client relationships

Pricing

Risk management

Market analysis

Communication

Job description

Founded in 2007, Velocity Trade is a leading global broker dealer combining execution with leading technology to serve our international institutional clients. Our diverse client base includes external asset managers, family offices, institutions, hedge funds, and other broker-dealers.

Our business is built on the core principles of integrity, service, risk management and a global orientation. We are a trusted trading partner to corporations and institutions around the globe in multiple asset classes across deliverable FX, equities, commodities, futures, margin products, fixed income, structured products, and AMCs.

Headquartered in Toronto, Canada, Velocity Trade has offices in Montreal, Toronto, London, Amsterdam, Sydney, Auckland, Johannesburg, Cape Town and Singapore. With offices strategically positioned across the globe, we offer 24-hour direct access to global markets, providing a "follow-the-sun" trading desk to meet client needs.

Role Overview

This is a new position to support the growth of our business in APAC. As part of our FX team, you will be based in Singapore and supporting the APAC FX desk. We pride ourselves on our customer-centric approach, and you will play a crucial role and work closely with various teams across Velocity's various geographies and channels to develop multi-product solutions customized to our clients' needs.

Responsibilities

• Price and execute client transactions across FX products including Spot, Forwards, Swaps and NDFs and Options.
• Structure, price and execute FX options and structured hedging solutions, including Vanilla, Exotic and Structured Options.
• Primary, direct front office touchpoint for institutional, corporate and global family office clients.
• Manage and grow relationships with existing clients, providing market insights, execution support and product expertise.
• Develop new business opportunities across Asia and contribute to the growth of the Group's FX and derivatives franchise.
• Work closely with global trading desks, liquidity providers and internal teams to support trading and client servicing activities.
• Ensure all activities are conducted in accordance with internal policies and applicable regulatory requirements.

Requirements

• At least 5 years' experience in institutional FX sales, trading or dealing, preferably with a bank, broker or liquidity provider.
• Demonstrated experience in structuring, pricing and executing FX Options and Structured Products, including Vanilla, Exotic, and Structured Options.
• Commercially minded with the ability to build client relationships and generate business.
• Strong understanding of market dynamics, risk management and institutional client requirements.
• Actively manage and monitor real-time client positions, leverage, collateral & margin requirements.
• Strong analytical, communication and problem-solving skills.
• High level of integrity, professionalism and attention to detail.
• Fluency in Mandarin would be an advantage.