The FX Team execute foreign exchange transactions across fixed income and equity portfolios globally, in support of portfolio management objectives. The role focuses on delivering best execution and providing market insight through disciplined trading, robust analytics, and collaboration with investment teams and technology partners.
What do we expect?
- Negotiate and execute FX trades for the assigned portfolios. Assist and back up other traders as needed.
- Handle negotiated trades and high-risk situations, be viewed as price setter for trading.
- Analyze and contribute ideas to design performance attribution reports to gain insight into different trading strategies and approaches.
- Identifies potential improvements to workflow or process to improve portfolio management results. Offers opinions and recommendations to improve workflow efficiency and/or to reduce operational risk.
- Collaborate with technology and product teams to design and implement new tools, platforms, and workflows to improve operational resilience and execution quality.
- Independently initiate investment research and generate trade ideas.Contribute views and ideas to macro and multi asset fund portfolio managers. When assigned by desk head, takes ownership of specific FX strategies to implement in assigned portfolios.
- Evaluate, acquire, and/or develop models with our quantitative research team for analyzing FX investment strategies.
- Develop and maintain strategic relationships with security dealers, and leverage relationships to improve operational efficiency and trading execution.
- Develops, designs, and delivers comprehensive and effective presentations and investment reviews for internal and external clients.
- Participates in special projects and performs other duties as assigned.
What it takes:
- Eight years of demonstrated experience as investor with a preference for prior Fixed Income portfolio management, fixed income and FX trading, macro strategy, quant modeling, and/or risk management experience.
- Experience across key FX trading platforms (FX Connect, FX All, Bloomberg FXGO, 360T, etc.) and multiple execution methods (Voice, Electronic Trading, Auto Ex, etc.).
- Strong understanding of currency risk, as well as global rates and credit risk management.
- Proven record in enhancing trading practices and keeping abreast of industry developments.
- Python or other programming skills preferred.
- Excellent communication and mathematical skills
- Strong analytical and problem-solving skills
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.