U.S. Bank

eFX Quant Trader

U.S. Bank$170K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Computer Science, or related field
  • 5+ years of experience in electronic FX trading
  • Strong understanding of FX market dynamics and electronic execution
  • Proficiency in multi dealer trading platforms and ECNs
  • Excellent analytical, problem-solving, and communication skills

Responsibilities

  • Provide liquidity and execute trades in G10 and EM currencies via electronic platforms
  • Manage real-time risk exposures within defined limits
  • Monitor and optimize algorithmic execution strategies
  • Enhance pricing models and execution algorithms
  • Support sales teams with pricing and execution for client flows
  • Work closely with technology teams to improve platform functionality
  • Stay ahead of industry trends in electronic trading and FX market structure

Benefits

  • Healthcare (medical, dental, vision)
  • Life insurance options
  • Short-term and long-term disability coverage
  • Pregnancy disability and parental leave
  • 401(k) with employer contributions
  • Paid vacation ranging from two to five weeks
  • Up to 11 paid holidays
  • Adoption assistance
  • Sick and Safe Leave accruals up to 80 hours per year
Full Job Description


Job Description

We are seeking a highly skilled Electronic FX Trader to join our trading team. The ideal candidate will manage and optimize electronic foreign exchange (FX) trading strategies across major and emerging market currencies. This role requires strong quantitative skills, deep market knowledge, and proficiency in electronic trading platforms and algorithmic execution.

Key Responsibilities
  • Market Making & Execution:
    • Provide liquidity and execute trades in G10 and EM currencies via electronic platforms.
    • Responsible for price construction of trades through various electronic channels.
  • Risk Management:
    • Manage real-time risk exposures within defined limits.
    • Monitor and optimize algorithmic execution strategies to minimize market impact and transaction costs.
    • Own and
    • Ensure compliance with internal risk policies and regulatory requirements.
  • Strategy Development:
    • Enhance pricing models and execution algorithms.
    • Ability to process large amounts of data, optimize/ extract predictive value and articulate this into alpha research while collaborating with team to develop signals.
    • Analyze market microstructure and implement improvements to trading strategies.
  • Client Interaction:
    • Support sales teams with pricing and execution for client flows.
  • Technology & Innovation:
    • Work closely with technology teams to improve platform functionality and performance.
    • Stay ahead of industry trends in electronic trading and FX market structure.

Qualifications
  • Bachelor's in Finance, Economics, Mathematics, Computer Science, or related field.
  • 5+ years of experience in electronic FX trading.
  • Strong understanding of FX market dynamics, liquidity, and electronic execution.
  • Proficiency in multi dealer trading platforms and ECN's.
  • Excellent analytical, problem-solving, and communication skills.


Preferred Skills
  • Master's in Finance, Economics, Mathematics, Computer Science, or related field.
  • Solid programming or scripting skills (Python, C++, or Java) a plus.
  • Strong data analysis and data management skills.
  • Experience developing and/or implementing client and internal facing algorithms.
  • Experience making markets via voice for large FX spot tickets.
  • Familiarity with FIX protocol.
  • Knowledge of regulatory frameworks (MiFID II, Dodd-Frank, Global Code).


Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law


Review our full benefits available by employment status here.

Posting may be closed earlier due to high volume of applicants.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

Internship Programs

Kickstart your career with U.S. Bank’s internship programs. These opportunities are designed for ambitious students who want to gain hands-on experience and develop essential skills in a real-world setting. Our internships provide a platform to engage with experienced professionals and explore potential career paths within the company.

Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

Networking and Innovation

Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at U.S. Bank and find where your skills and passions align with our needs. Prepare your resume, sharpen your interview skills, and get ready to join a team where your career can flourish.

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READ CAREERS BLOG

Stay ahead in your career with U.S. Bank – where your growth is our priority.
Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ

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