FX (Foreign Exchange) Trader
FX (Foreign Exchange) Trader
Augment Jobs
Los Angeles, CA
See who Augment Jobs has hired for this role
Job Title: FX (Foreign Exchange) Trader
Job Description: We are seeking a skilled and proactive FX Trader to join our trading desk and execute foreign exchange transactions on behalf of our organization. The FX Trader will play a critical role in analyzing market conditions, executing trades, and managing risk to achieve profitable outcomes. This role requires a strong understanding of global financial markets, currency trading strategies, and risk management principles.
Roles And Responsibilities
Job Description: We are seeking a skilled and proactive FX Trader to join our trading desk and execute foreign exchange transactions on behalf of our organization. The FX Trader will play a critical role in analyzing market conditions, executing trades, and managing risk to achieve profitable outcomes. This role requires a strong understanding of global financial markets, currency trading strategies, and risk management principles.
Roles And Responsibilities
- Monitor global financial markets and economic indicators to identify trading opportunities in foreign exchange markets.
- Execute FX trades, including spot transactions, forwards, options, and other derivative products, adhering to trading strategies and risk management policies.
- Analyze market trends, technical indicators, and fundamental factors to formulate trading strategies and make informed trading decisions.
- Manage trading positions and exposure, adjusting risk levels and portfolio allocations based on market conditions and risk appetite.
- Utilize trading platforms and analytical tools to conduct real-time market analysis, price forecasting, and trade execution.
- Develop and implement trading algorithms and automated trading strategies to optimize execution efficiency and minimize transaction costs.
- Collaborate with research analysts, economists, and quantitative analysts to leverage insights and market intelligence for trading decisions.
- Maintain compliance with regulatory requirements, trading guidelines, and internal policies governing FX trading activities.
- Monitor and report on trading performance, profitability metrics, and trade execution quality to senior management and stakeholders.
- Stay informed about regulatory changes, industry developments, and best practices in FX trading, continuously improving trading strategies and processes.
- Bachelor’s degree in Finance, Economics, Mathematics, or related field (Master’s degree or CFA certification preferred).
- Proven experience as an FX Trader, Currency Trader, or similar role with a minimum of 3-5 years of experience in FX trading.
- Strong knowledge of foreign exchange markets, currency pairs, and trading platforms (e.g., Bloomberg, Reuters, FXall).
- Proficiency in technical analysis, charting tools, and trading strategies (e.g., carry trade, arbitrage, momentum trading).
- Experience with algorithmic trading, quantitative analysis, and programming languages (e.g., Python, R) is advantageous.
- Excellent analytical and decision-making skills, with the ability to perform under pressure and react quickly to market movements.
- Strong risk management skills, including the ability to assess and mitigate trading risks effectively.
- Effective communication and interpersonal skills, with the ability to collaborate in a team environment.
- Ability to work flexible hours, including early mornings and late evenings, to accommodate global trading hours.
- Commitment to integrity, professionalism, and compliance with regulatory standards in FX trading.
- The salary for this position will be competitive and commensurate with experience and qualifications.
- Comprehensive benefits package including health insurance, retirement plans, and performance-based incentives.
- Opportunities for professional development, training, and career advancement within the organization.
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Seniority level
Entry level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Financial Services
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