The Sales Trader executes client transactions in "Custody" in the various markets (Forex, Money Market Dealing services).
Location Luxembourg
Contract Full-Time
Company www.wemploy.com
Last Update December 27, 2016

Description

It ensures the long-term management of customer relations, correspondents and counterparties by offering the MFS products and services, by receiving client instructions , Negotiating transactions and monitoring transactions processed. It is the main point of entry for all requests and complaints from customers and counterparties.

* He manages the risks for each of the transactions he processes with customers and counterparties. It manages the risk taken by the bank at the transaction level, ensuring among other things that the bank is authorized (customer identification, account verification and credit line authorization) and that it complies with the limits set at the level Global and local (intraday and overnight positions, spot and forward positions). It ensures that transactions, coverages or nettings are properly completed. In terms of risk management, it can be assisted by the Trade Support operator in the preparation and monitoring of transactions.

* It ensures the execution of transactions by determining the pricing, negotiating with customers and counterparties and executing transactions on the markets in accordance with the procedures in force within MFS Luxembourg. During the execution of the transaction, it ensures optimization of the daily P & L by ensuring that the result of the transaction processed is positive and the risks are managed. He ensures the accuracy of his daily P & L.

* It provides clear and precise confirmation of the terms of the trade agreement to customers and counterparties. It complies with customer instructions and handles transmission problems. He takes care to keep track of the transaction in terms of timing and prices.

* It monitors transactions by transmitting the customer's instructions, execution conditions and coverage to the Trade Support operator for registration.The latter keeps him informed of the anomalies encountered and the Sales - Trader intervenes if necessary. Verification and validation of the transaction are carried out by a person independent of the transaction within the front office in accordance with the rules and procedures in effect at MFS Luxembourg.


REQUIRED SKILLS:
Your profile:

Training: Training Bac + 5 business school in engineering school or university with at least 5 years experience in the field of sales-trading.

Knowledge - business:
* Profession Title & Financial Products (Money Market, Forex Dealing & services)
* Quality management, customers and counterparties
* Risk Management & Sales-Trading
* Administrative and Accounting for market operations

Knowledge - Language:
A PERFECT level of German is required, French and English current level.

Knowledge - IT:
Control of office tools and systems and useful information to the business of "sales-trading"

Experience:
Experience in the field of "sales-trading" and risk management are assets

Requirements

Education
Bachelor Or Equivalent Level
Languages
C2 German
Experience
7-10 Years Banking
5-7 Years Commodities
7-10 Years FX & Money Markets
Skills
  • Foreign Exchange
  • Bonds
  • Investment Banking
  • Trading

www.wemploy.com

Profile wemploy

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