Foreign Exchange Trader

FX Options Trader – Emerging Markets

Location: London

Division: Global Markets – FX Trading

Firm: Leading Investment Bank

Overview

A leading global investment bank is seeking a high-performing FX Options Trader with a specialist focus on Emerging Markets (EM). This role sits within a well-established FX trading desk and offers the opportunity to take ownership of risk, drive P&L, and contribute to the continued growth of the franchise across key EM currencies.

The successful candidate will demonstrate a strong track record of consistent P&L generation, deep expertise in EM FX options, and the ability to operate effectively in a fast-paced, risk-taking environment.

Key Responsibilities

• Manage and grow an EM FX Options trading book, with full accountability for risk and P&L
• Price, structure, and execute vanilla and exotic FX options across a range of emerging market currencies
• Develop and implement trading strategies leveraging macro insights, volatility dynamics, and flow opportunities
• Actively manage risk exposures including delta, vega, gamma, and cross-asset correlations
• Partner closely with sales teams to deliver solutions to institutional clients, including hedge funds, asset managers, and corporates
• Build and maintain strong relationships with key clients and internal stakeholders
• Contribute to the enhancement of pricing models, trading tools, and infrastructure
• Stay ahead of global macroeconomic developments, particularly those impacting EM markets

Requirements

• Proven experience as an FX Options Trader, with a focus on Emerging Markets
• Demonstrated strong and consistent P&L generation over multiple years
• Deep understanding of FX options pricing, volatility surfaces, and risk management
• Strong knowledge of EM macro drivers, liquidity dynamics, and market structure
• Experience trading a range of EM currencies (e.g., LATAM, CEEMEA, APAC)
• Excellent quantitative and analytical skills
• Ability to thrive in a high-pressure, front-office environment
• Strong communication skills and commercial mindset

Preferred Qualifications

• Advanced degree in Finance, Mathematics, Engineering, or related discipline
• Proficiency in programming (e.g., Python) and experience working with trading systems
• Experience with exotic options structuring

What’s on Offer

• Opportunity to join a top-tier FX platform with strong balance sheet and market presence
• High degree of autonomy and risk ownership
• Competitive compensation structure aligned with P&L performance
• Collaborative, high-calibre trading environment

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