Job Title: Global Emerging Markets (GEM) Central & Eastern Europe, Middle East, and Africa (CEEMEA) Flow Rates Trader
Location: London
Corporate Title: Vice President
Trader is responsible for executing trades and/or providing advisory market content, as appropriate, in their relevant product/sector/market, in line with the Function’s trading strategies.
You will adhere to all internal policies and external/regulatory frameworks, recording transactions and at times preparing related statistical reports, developing and maintaining relationships with brokers. Maintaining a good knowledge of trading strategies to be measured against the relevant performance targets set by the division.
What we’ll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities
- Managing product flows along with pricing and risk management/ portfolio optimisation
- Providing liquidity to Deutsche Bank Clients who range from financial institutions to corporates
- Responsible for execution, trade capture and profit & loss (PNL) signoff for the trading books
- Being aware and monitoring all rate volatility markets and identifying opportunities between different markets plus ability to develop hedging strategies
- Sales engagement – working closely with sales to grow the franchise across corporate and financial institutions
- Liaise with various internal control functions (Legal, Compliance, Credit and Business Management) to manage the trade through its life cycle
Your skills and experience
- Previous experience in Flow Rates trading and market making business. Strong quantitative skills (preferably in econometrics) and product knowledge. Deep knowledge of CEEMEA Local Markets including an understanding of onshore and offshore dynamics
- Deep understanding of debt capital/bond / credit markets, credit environment and comfortable pricing a variety of instruments, including government bonds, interest swaps, cross-currency swaps, Forward Rate Agreements (FRAs). Very strong money management skills. Liquidity provider/ Market maker profile. Driven to provide very competitive liquidity to client base
- Understanding of regulations across various countries will be desirable
- An understanding and proficiency managing risk in trading books - interest rate risk, Libor and cross currency (XCCY) basis risk
- Experience in revenue generation, sustaining/ generating high quality market share and in management skill
- Ability to understand and interpret market trends and identify, communicate, and market trade ideas
How we’ll support you
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers .
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
