GEM CEEMEA Flow Rates Trader

10h10 hours ago

Deutsche Bank

London, GB · Full-time · £150,000 – £200,000

About this role

This VP-level role as a GEM CEEMEA Flow Rates Trader involves executing trades and providing advisory market content in emerging markets across Central and Eastern Europe, the Middle East, and Africa. The trader adheres to all internal policies and external regulatory frameworks while maintaining strong broker relationships.

Day-to-day responsibilities include managing product flows, pricing, and risk management to optimise trading portfolios. The trader provides liquidity to a client base ranging from financial institutions to corporates and is responsible for trade execution, capture, and profit and loss signoff.

The trader works closely with sales to grow the franchise across corporate and financial institution clients. They also liaise with internal control functions such as Legal, Compliance, Credit, and Business Management to manage trades through their lifecycle.

Deutsche Bank offers a healthy, engaged, and well-supported workforce with training and development to excel in your career. The culture emphasises continuous learning and coaching from experts, supporting progression within the firm.

Requirements

Previous experience in Flow Rates trading and market making business
Strong quantitative skills, preferably in econometrics, with deep product knowledge
Deep knowledge of CEEMEA Local Markets including onshore and offshore dynamics
Deep understanding of debt capital/bond/credit markets and ability to price instruments including government bonds, interest swaps, cross-currency swaps, and forward rate agreements
Very strong money management skills with a liquidity provider/market maker profile
Understanding of regulations across various countries (desirable)
Proficiency in managing risk in trading books including interest rate risk, Libor, and cross-currency basis risk

Responsibilities

Manage product flows, pricing, and risk management/portfolio optimisation
Provide liquidity to Deutsche Bank clients ranging from financial institutions to corporates
Execute trades, capture trade details, and sign off on profit and loss for trading books
Monitor rate volatility markets, identify opportunities between different markets, and develop hedging strategies
Engage with sales to grow the franchise across corporate and financial institution clients
Liaise with internal control functions (Legal, Compliance, Credit, Business Management) to manage trades through their lifecycle
Record transactions and prepare related statistical reports as needed

Benefits

Competitive salary and non-contributory pension
30 days' holiday plus bank holidays, with the option to purchase additional days
Life Assurance and Private Healthcare for you and your family
A range of flexible benefits including Retail Discounts, a Bike4Work scheme, and Gym benefits
Opportunity to support a wide-ranging CSR programme plus 2 days' volunteering leave per year
Training and development to help you excel in your career