Forwards Associate

Deutsche Bank; New York (NY); Hybrid; USD 135,000 - 175,000; Full time

Benefits offered by this job

Hybrid work model

Generous vacation

Health and well-being benefits

Retirement savings plans

Job summary

Deutsche Bank in New York seeks a GFX Forwards Trader at Associate level to price client deals and manage risk across FX forwards and related instruments. The role supports growth in a hybrid work setting, with a strong emphasis on collaboration across desks.

The candidate should have extensive experience pricing FX forwards, a solid grasp of short-end rate derivatives and XCCY swaps, and robust analytical and interpersonal skills to communicate ideas and drive results.

Qualifications

• Experience pricing and managing FX Forwards & STIR products.
• Knowledge of short end rate derivatives, XCCY swaps, and FX Forwards.
• Excellent spreadsheet and database skills (Matlab, VBA, Java).
• Proven risk management skills; strong interpersonal and analytical abilities.
• Able to interpret market trends and communicate trade ideas.

Responsibilities

• Pricing of client deals
• Managing risk to FX Swap, interest rate, and Cross Currency Swap markets
• Driving business growth
• Funding desk cash positions
• Liaising with other traders in pricing transactions involving multiple books
• Interacting with sales and originations to generate new business

Skills

FX Forwards

Risk Management

Interpersonal Skills

Analytical Skills

Market Trends

Tools

Matlab

VBA

Java

Job description

Job Title GFX Forwards Trader

Corporate Title Associate

Location New York, NY

Overview

In the world's financial markets, the Deutsche Bank Foreign Exchange team is recognized as a leader. The Business combines sales, trading and research teams who structure a range of financial market products and market these to our targeted client base.Deutsche Bank trades all currencies, including G10, Emerging Markets and Precious Metals, in all tenors.Working in a period of economic and regulatory uncertainty, the team places emphasis on innovation, collaboration, and risk management.The Global Foreign Exchange business is looking to hire a risk-manager for Foreign Exchange (FX) Forwards in New York.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift, and volunteer programs

What You'll Do

• Pricing of client deals
• Managing risk to FX Swap, interest rate, and Cross Currency Swap markets
• Driving business growth
• Funding desk cash positions
• Liaising with other traders in pricing transactions involving multiple books
• Interacting with sales and originations to generate new business

Skills You'll Need

• Experience of pricing and managing FX Forwards & STIR products
• Knowledge all short end rate derivatives, XCCY swaps, and FX Forwards
• Excellent spreadsheet and database skills (Matlab, Visual Basic for applications, Java)
• Proven risk management skills; strong interpersonal skills and strong analytical skills
• Able to understand and interpret market trends and identify, communicate, and market trade ideas

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken
• Self-motivated
• Self-starter
• Able to work in a high paced environment under pressure

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York City office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $135K to $175K.Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life

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Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click hereto learn more!

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank's Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.