G10 FX Forwards Trader

MUFG Americas; New York (NY); Hybrid; USD 165,000 - 250,000; Full time

Job summary

An established industry player is seeking a skilled professional to join their dynamic team in New York. This role offers the opportunity to independently market-make Foreign Exchange forwards while managing risk across various currencies. The ideal candidate will have a strong background in trading and programming, specifically in SQL and VBA. With a commitment to diversity and innovation, this forward-thinking company provides an environment where your contributions are valued and rewarded. If you're ready to make a meaningful impact in the financial sector, this position is perfect for you.

Qualifications

• 3+ years of experience in trading G10 FX forwards and US money market products.
• Experience managing interest rate risk in specified currencies.

Responsibilities

• Market-making Foreign Exchange (FX) forwards and pricing Historical Rate Rollover trades.
• Oversee risk in multiple currencies and manage USD portfolio risk.

Skills

Trading G10 FX forwards

Market making US money market products

Trading US interest rate futures

Programming in VBA

Programming in SQL

Education

Bachelor's degree in Mathematics

Bachelor's degree in Economics

Tools

SQL

VBA

Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. We are a global team of 120,000 colleagues committed to making a difference for clients, organizations, and communities. We uphold our values by building long-term relationships, serving society, and fostering sustainable growth for a better world.

Our vision is to be the world’s most trusted financial group. We prioritize putting people first, embracing diverse ideas, and fostering innovation, speed, and agility. We invest in talent, technologies, and tools that empower your career development.

Join MUFG, where inspiration is expected and meaningful impact is rewarded.

The selected candidate will work at an MUFG office or client sites four days a week and remotely one day. A member of our recruitment team will provide further details.

The role involves independently market-making Foreign Exchange (FX) forwards, pricing Historical Rate Rollover (HRR), restrike, and NPV trades for customers. Responsibilities include overseeing risk in currencies such as NZD, AUD, CHF, DKK, SEK, NOK, and managing USD portfolio risk through hedges with SOFR futures. The role requires conducting operations for the trading desk while utilizing SQL and VBA to update risk management tools. Monitoring interest rate markets, central bank activities, and macroeconomic factors affecting these markets is also essential.

Qualifications – External

• Education: Bachelor’s degree in Mathematics, Economics, or a related field (or foreign equivalent)
• Experience: At least 3 years trading G10 FX forwards, market making US money market products, trading US interest rate futures, and programming in VBA and SQL. At least 1 year of experience must include market making G10 FX forwards for corporations and asset managers, and managing interest rate risk in the specified currencies.
• Other: Position requires working in-office 4 days per week and remotely 1 day per week.

Wage: $165,000 to $250,000 USD annually

Employer: MUFG Bank, Ltd.

Location: New York, NY 10020

Reference internal requisition #10070527-WD.

We are committed to diversity and equal opportunity. We consider all qualified applicants, including those with criminal histories, in accordance with applicable laws and regulations. We value diverse backgrounds, perspectives, and experiences to create opportunities for our people and our business. We do not discriminate based on race, color, national origin, religion, gender, age, veteran status, disability, sexual orientation, or any other protected characteristic.