AVP, FX Advisor & Dealer – Product Specialist
About the job
Role Overview:
The candidate is expected to act as an FX advisor and dealer, with the key objective to engage Relationship Managers (RMs) and clients (including those based in Singapore), providing advisory and trade execution to support FX clients' trading activities and generate FX revenue. The role requires accurate, prompt execution of FX & derivatives products in fast-moving markets. Additionally, the candidate must embrace a change mindset to lead the transformation of the FX business, positively influencing an innovation culture to deliver customer-led solutions and efficient processes that enable business scalability and rapid adaptation to an ever-changing landscape.
The candidate will also engage in product management activities and strategic projects for FX products.
Key Responsibilities:
FX Advisory & Execution
- Contribute to the advisory team with a personal revenue target (where applicable).
- Provide advisory and accurate, prompt execution of FX & derivatives products to both RMs and clients in fast-moving markets.
- Execute FX & derivatives trades for clients and internal desks, ensuring best execution and adherence to margining and risk policies.
- Provide advisory coverage on FX-related products to markets via various channels, including preparation of daily publications, weekly investment meetings, and ad hoc campaigns.
- Regularly generate market opportunity and trading ideas by understanding various economic forces and correlations in the market. Provide post-trade risk management advisory.
- Ensure clear understanding of margining rules at both product and portfolio levels.
Stakeholder & Relationship Management
- Develop and maintain excellent relationships with front office sales teams.
- Develop and maintain excellent relationships with market counterparties to obtain flow information and best execution.
- Ensure compliance with all internal and regulatory policies and procedures.
- Leverage internal networks to acquire clients for the priority client segment.
- Use data to uncover new FX business opportunities (e.g., identifying potential accounts).
Product Management & Transformation
- Identify business transformation opportunities and utilize data for business scalability and targeted advice.
- Drive improvement in the efficiency of high-value client advisory and execution processes.
- Conduct training on processes and products.
- Support product development and management activities covering the front-to-back lifecycle for FX products to ensure compliance with bank policies and regulations.
- Support FX-related change projects and initiatives.
- The candidate may be required to perform other duties when needs arise.