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*mxn rates trading*:*job id*:r0360769*full/part-time*:full-time*regular/temporary*:regular*listed*:2025-01-08*location*:mexico city*position overview*:*job title*:mxn interest rates trader*corporate title*:vp*location*:mexico city, mexico*overview*our emerging markets (latam) team are looking to hire a vice president level trader for mxn denominated rates products based in mexico city office.
in the role you will be responsible for market-making mxn related interest rate swaps and as part of our expanding franchise in coordination with our ny / global sales & trading team(s).
*what we offer you*:- we offer competitive health and wellness benefits, empowering you to value life in and out of the office.- retirement savings plans, parental leave, and other family-friendly programs- an environment that encourages networking and collaboration across functions and businesses.
*return to office*:- it is the bank's expectation that employees hired into this role will work in the mexico office in accordance with the bank's hybrid working model.
*your key responsibilities*:- consistent record of handling and executing basic foreign exchange spot, fx swaps, interest rate swaps and cross currency basis swaps- knowledge of fx options and other structured products- handle risk in a principled and optimized manner within the firm risk limits.- support the franchise by providing prices to clients in fx and rate cash and derivative instruments.- provide market commentary to clients and internal partners.- maintain liquidity ratios in accordance with local regulatory and internal policies.- support and maintain relationships with a wide range of key customers, suppliers and colleagues to acquire / exchange information.- respond, at the request of the head trader, to head office and local auditors as well as frb and state examiners during on-site reviews to achieve strong ratings for front office dealing controls- provide input to business strategies and direction considering commercial business requirements as well as related risks and controls.
*your skills and experience*:- a deep understanding of the asset class.- a proven risk-management skill.- strong quantitative skills.- a deep understanding of capital and regulatory matters in otc (cash / derivatives)- proven revenue results on the rates mxn desk.- familiarity with market standard technology- ability to dynamically prioritize workflow and run multiple processes simultaneously.- strong verbal and written communication skills- strong work ethic, detail orientation and team player- ability and willingness to cover emerging markets spot & forward risk, including non-deliverable forwards, as required by the business.- a working knowledge of pricing and executing vanilla fx options, along with any associated hedging, would be advantageous