FX Options Dealer recruitment
My client is looking for the following:
Options Trading
- Knowledge of base FX, MM, Debt, Interest Rate and Commodity Products.
- Knowledge of product mechanics, structuring considerations, payoff creation, pricing, valuation, risk management, optimal hedging and user applications of:
- FX Structures
- Exotic Options - barrier options (knock-ins and knock-outs, single and double barriers); AROs (average rate options) and ASOs (average strike options);
- Lookbacks, ladders and ratchet (cliquet) options; digital options (CASH or NOTHING Calls/Puts, ASSET or NOTHING Calls/Puts);
- Quanto options (quanto derivatives, foreign equity / domestic currency options, equity-linked FX options, structured notes with quantoed pay-offs),
- Rainbow (Multi-asset) Options - basket options, spread options, outperformance options,“Best of”, “Worst of” options,
- Embedded Exotic Option Structures - exotics based structured notes, embedded FX options (dual currency bonds), currency swap, cross currency swaps,
Economic Analysis
- Knowledge of global and regional micro and macro economic fundamentals including geo-political points of view.
- Understanding of concepts related to inflation, interest rates and government interventions through monetary and fiscal policies.
- Ability to synthesize economic data to forecast likely economic trends (e.g., future foreign exchange rate, future interest rate, LIBOR rates, local, regional and global trading indices) and their impact on FIs, capital markets, money markets, central bank policies, trade balances, sectoral businesses and asset classes.
Treasury Financial Modelling Analysis
- Knowledge of relevant modeling systems like Option pricing modeling system, derivatives modeling system and statistical tools for conducting assumption based analysis.
- Ability to perform scenario analysis, impact modeling and financial simulations that require the application of single or multiple financial and non-financial concepts (e.g. NPV, IRR, Discounted Cash Flow) in order to calculate key financial ratios, contributions, loss projections and exposure limits.
Risk Evaluation Management
- Knowledge of risk categories like credit risk, market risk, business risk, liquidity risk, operational risk, interest rate risk, country risk, lending risk, contingent risk, issuer risk, pre-settlement / settlement risk.
- Knowledge of relevant risk modelling (VaR, EaR, VCV - Variance-Covariance Approach, Monte Carlo Simulation, Historical Simulation etc) and risk measurement techniquies (backtesting, stress testing and extreme value theory).
- Ability to perform assymetric; symmetric; liquidity; interest rate; foreign exchange risk analyses, control and revaluation.
- Ability to use risk spreading techniques / modes like swaps, spots, forwards, options.
- Understanding of procedures for quantifying and aggregating exposures along with consequent assignment of concentration limits like maximum permitted exposures to a single entity, connected group and sector of economic activity.
Treasury Book / Portfolio Management
- Knowledge of book / portfolio management objectives, risk-pricing models (balancing the risk appetite and diversification to maximise risk adjusted returns), diversification, granularity and correlation concepts.
- Ability to devise active book / portfolio strategies using risk spreading, portfolio hedging, dynamic asset allocation and yield enhancement techniques to enhance benchmark relative performance.
Selling Skills
- Ability to identify the clients’ financial product needs, overcome client objections, make compelling presentations and recognize buying signals to close deals effectively.
- Ability to manage client expectations keeping the interest of the client as well as bank's delivery capability in mind.
- Ability to interface with, negotiate and manage dealers, sales partners and colleagues to drive sales.
Ability to analyze specific financial needs of the client / bank including cash flows, expense outlays, evaluate options to match the requirements and suggest .
If you are interested, please contact me as soon as possible
May 17, 2012
• Tags: FX & Money Markets careers in the UAE, FX Options Dealer recruitment • Posted in: Financial