Senior eFX Trader, Spot, FX & DA Trading
Join to apply for the Senior eFX Trader, Spot, FX & DA Trading role at Swissquote.
Overview
Swissquote is the Swiss Leader in Online Banking providing trading, investing and banking services to +650,000 clients. We are a flexible, multicultural team with +1,200 employees. We are an equal opportunity employer and welcome candidates from all backgrounds, experiences and perspectives.
Responsibilities
* Contribute to the bank’s commercial goals by managing the electronic risk book (proprietary internalization system).
* Provision competitive Spot liquidity while meeting risk policies of the bank.
* Ensure a gainful network of trading counterparties.
* Ensure SQX serves as an attractive and compliant marketplace for clients and market-makers.
* Drive the bank’s ongoing investments in its proprietary trading and risk systems in collaboration with software engineers and IT.
* Drive the quantitative research initiatives relevant to our business scope.
* Ensure excellent product quality and participate in its continuous improvement.
* Facilitate new business initiatives in collaboration with various internal teams.
Goal and Development
* Stay on top of risk PnL and inventory and act according to procedures (e.g., adjust system configuration).
* Assess client flow, provision liquidity accordingly, and be a reference point to Sales and other internal teams.
* Assess sourced liquidity and optimize it (e.g., liaise with LPs, adjust systematic hedging configuration).
* Use internal analytical tools and quantitative skills to draw data-driven conclusions, suggest actions, and deliver reporting.
* Ensure systems perform as expected and consult IT and software engineers when necessary.
Qualifications
* 5+ years of trading experience in a sell-side electronic trading firm/bank.
* In-depth understanding of market microstructure: risk inventory, liquidity, spread, volatility, credit, volumes; and the economics between liquidity providers and consumers.
* Quantitative and coding skills applicable to large sets of financial tick-data (strong plus).
* Degree in STEM or Finance.
* Demonstrated passion for automation.
* Able to multi-task under pressure while maintaining accuracy.
* Available to deliver on time; self-driven, intellectually curious, structured, detail-oriented, team-oriented.
* Excellent communication skills and ability to develop relationships with interdisciplinary people.
* Fluent in English.
Note: This description reflects the current responsibilities and qualifications for the role and may be subject to change in alignment with business needs.
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