FX Options Trader – Emerging Markets
Location: London
Division: Global Markets – FX Trading
Firm: Leading Investment Bank
Overview
A leading global investment bank is seeking a high-performing FX Options Trader with a specialist focus on Emerging Markets (EM). This role sits within a well-established FX trading desk and offers the opportunity to take ownership of risk, drive P&L, and contribute to the continued growth of the franchise across key EM currencies.
The successful candidate will demonstrate a strong track record of consistent P&L generation, deep expertise in EM FX options, and the ability to operate effectively in a fast-paced, risk-taking environment.
Key Responsibilities
- Manage and grow an EM FX Options trading book, with full accountability for risk and P&L
- Price, structure, and execute vanilla and exotic FX options across a range of emerging market currencies
- Develop and implement trading strategies leveraging macro insights, volatility dynamics, and flow opportunities
- Actively manage risk exposures including delta, vega, gamma, and cross-asset correlations
- Partner closely with sales teams to deliver solutions to institutional clients, including hedge funds, asset managers, and corporates
- Build and maintain strong relationships with key clients and internal stakeholders
- Contribute to the enhancement of pricing models, trading tools, and infrastructure
- Stay ahead of global macroeconomic developments, particularly those impacting EM markets
Requirements
- Proven experience as an FX Options Trader, with a focus on Emerging Markets
- Demonstrated strong and consistent P&L generation over multiple years
- Deep understanding of FX options pricing, volatility surfaces, and risk management
- Strong knowledge of EM macro drivers, liquidity dynamics, and market structure
- Experience trading a range of EM currencies (e.g., LATAM, CEEMEA, APAC)
- Excellent quantitative and analytical skills
- Ability to thrive in a high-pressure, front-office environment
- Strong communication skills and commercial mindset
Preferred Qualifications
- Advanced degree in Finance, Mathematics, Engineering, or related discipline
- Proficiency in programming (e.g., Python) and experience working with trading systems
- Experience with exotic options structuring
What’s on Offer
- Opportunity to join a top-tier FX platform with strong balance sheet and market presence
- High degree of autonomy and risk ownership
- Competitive compensation structure aligned with P&L performance
- Collaborative, high-calibre trading environment