Responsibilities
General Description:
- Oversees the bank’s trading and dealing activities, ensuring profitable and compliant execution of transactions in the foreign exchange and fixed income.
- Managing the non-linear trading team, setting trading strategies, monitoring market developments and ensuring adherence to internal limits and regulatory policies
Scope of Works
- Oversee daily linear foreign exchange (FX) and fixed income trading operations such as NDF/NDS, Options, Long Term Swaps/Forwards, Currency Swaps
- Executes trades in line with approved position limits, risk parameters and investment strategies.
- Monitory global and domestic market trends, economic indicators and central bank policies (ex. BSP actions)
- Advise the Chief Dealer or Head of Trading on market movements, rate expectations and trading opportunities.
- Generate regular market outlooks and profitability reports
- Ensure all trading activities are in compliance with all regulatory requirements mandated by both internal and external regulators;
- Supervise or mentors senior and junior traders in the dealing room, review their performances and ensure effective delegation of trading mandates.
- Represent the bank in external forums or briefings and Strengthen the institution’s market presence and reputation through proactive engagement
- To uphold the Professional and Ethical standards of the Bank and the BAP-Code of Ethic
