Emerging Markets Rates Trader
Job Summary
GCB 4
We are currently seeking a high calibre professional to join our team as aEmerging Markets Rates Trader.
In this role you will:
- Market Maker for interest rate derivatives to HSBC customers with a focus on South Asia and Korea Local currency debt and derivatives. Expertise in INR will be a positive
- Manage and monitor desk market risk and ensure trading activity is in compliance with risk limits. Effectively maintains various risk positions whilst adhering to the Banks risk appetite
- Business Development. Develops sales/client/market contacts and explores possibilities for expanding product market share with the local and regional teams at a time of increasing competition narrower margins and increasing regulation
- Maintain a thorough knowledge of the product area including market liquidity and volatility pricing and trading strategies and regulatory considerations
- Ensure trading activity is in compliance with the permitted instrument list
- Ensure a culture that is aligned with core HSBC values of responsible conduct at all times
- Maintain high standards of professional conduct and behaviour. Ensure that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct
- Cooperate with sales and structuring teams in providing clients tailor-made products as needed; assists in ensuring the long term viability of the banks trading businesses through the development of new products and improvement of processes
- Contribute to set up of ASEAN buildout
- Digitize bond and IRS offerings
To be successful you will need:
- Market making experience in bonds interest rates and derivatives with detailed knowledge of all aspects of business trading area. Experience in trading both bonds and derivatives markets is required.
- Bachelors or equivalent University degree or equivalent work-related experience.
- Excellent verbal and written communication skills with very strong analytical skills.
- Ability to multi-task and to work well under pressure strong problem-solving and decision-making skills has attention to detail.
- Ability to understand and manage complex and diverse instruments.
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis if appointed to the role. HSBC Group reserves its position with regards to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed and/or if relevant on an ongoing basis.
Issued by The Hongkong and Shanghai Banking Corporation Limited.
About Company
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.