Forwards Associate

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

Benefits offered by this job

Hybrid work model

Health and wellbeing benefits

Retirement savings plans

Parental leave

Family building benefits

Job summary

Deutsche Bank AG in New York seeks a GFX Forwards Trader Associate to price client deals and manage risk across FX forward and related markets. The role focuses on driving growth, funding cash positions, and collaborating with sales to generate new business.

The position requires strong analytical and communication skills, experience with FX forwards, and proficiency in Matlab/VBA/Java. The team operates with a hybrid model in NYC, balancing office and remote work.

Qualifications

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

Responsibilities

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

Skills

FX Forwards pricing

Risk management

Market analysis

Interpersonal skills

Analytical skills

Tools

Matlab

VBA (Excel)

Java

Job description

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.

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

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.

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)