Executive Director, MXN FX & Rates Trading — LATAM Desk

Comunidade Metodista; New York (NY); On-site; USD 188,000 - 300,000; Full time

Job summary

Banco Santander S.A. in New York seeks a VP/Executive Director for MXN FX trading to price, execute, and manage risk in MXN FX forwards, spots, and rates products. The role collaborates with global sales to deliver robust trading strategies for Santander clients across regions.

The ideal candidate has 3–7 years in Mexico FX and Rates, deep knowledge of LATAM markets, and a proven revenue-generating track record. Strong analytical and communication skills are essential.

Qualifications

• Bachelor’s degree in finance, Economics, or related field.
• 3 to 7 years of experience in Mexico FX and Rates; LATAM experience a plus.
• Strong understanding of Mexico market structure and local rates markets (XCCY Basis, Rates and funding dynamics).
• Proven track record on revenue generation and client franchise.
• Strong analytical, quantitative, and risk management skills.
• Strong communication and interpersonal skills.
• Spanish will be a plus but not a must.

Responsibilities

• Execute and manage trading positions in MXN Spot, forwards and fx swaps in accordance with risk parameters and market strategy.
• Support our Local Trading desk in the regions, especially connection with our trading desk in Mexico.
• Monitor and manage market risk exposure, including delta, basis, and carry, aligning with trading limits and risk frameworks.
• Contribute to desk PnL generation through disciplined trading and market insights.
• Stay informed on economic data releases, Banxico policy, political developments, and regional market trends affecting MXN, MXN fwds and IR Swaps.
• Collaborate with sales and strategy team to provide market color and trade idea generation.
• Ensure compliance with regulatory requirements and frameworks in place.
• Build and maintain relationships with counterparties, focusing on institutional client base.
• Enhancement of product capabilities and trading tools (Efx and new products).

Skills

Strong analytical, quantitative, and风险

Strong communication and interpersonal

Spanish (bonus)

Education

Bachelor’s degree in finance, Economics, or related field

Job description

Banco Santander S.A. in New York seeks a VP/Executive Director for MXN FX trading to price, execute, and manage risk in MXN FX forwards, spots, and rates products. The role collaborates with global sales to deliver robust trading strategies for Santander clients across regions.

The ideal candidate has 3–7 years in Mexico FX and Rates, deep knowledge of LATAM markets, and a proven revenue-generating track record. Strong analytical and communication skills are essential.