Director FX Trader

Date: 21 Apr 2024

Location: London, GB

Company: Mizuho

We are recruiting for a Director - FX Trader


Profile Summary

•    Manage EM and G10 forward books, as well as spot EM and G10 spot.
•    Maximise individual profit, attain target within allocated stop loss and trading limits
•    Support NDF books when needed
•    Support Group Head in daily tasks and business planning
•    Engage in global order book monitoring with the strictest adherence to the bank’s policy.
•    Promote EM and G10 forward business by providing competitive price as well as proactively exchanging strategic and operational plans with the team in consultation with the Heads of FX in ETD.
•    Improve existing tools and build new tools for forward pricing.
•    Support proactively our sales and e-FX person to build and improve our infrastructures like e-platforms.

Duties and Responsibilities

•    Provide quick and competitive pricing to the sales team to promote client oriented business
•    Profit maximisation to achieve individual profit target from both market making and proprietary trading with EM and G10 products.
•    Profit maximisation to achieve team profit target 
•    Control risks under trading limits and comply with trading regulations and standards
•    Communicate well with sales person about pricing tactics to win competition as well as structuring ideas to enhance sales activities
•    Assist other traders as a good team worker
•    Analysis and distribution of quality market information.
•    Keep management informed of any material change in position, profitability and market conditions
•    Share knowledge and train junior staff
•    Contribute to develop and promote FX business in line with Mizuho  strategies (eFx , Voice)
•    Help improve the trading and risk systems: either or by contributing to the development of new pricing tools, models, developing new risks or P&L reports using OT, or giving regular feedback and ideas on how to improve them.


Qualifications, Skills and Experience

•    Well-developed and up to date working knowledge of Treasury business, especially FX Forward and FX Spot and regulatory requirements. 
•    Trading and risk management.
•    Understanding of the Bank’s policies and guidelines. 
•    Good communication skills and teamwork sprits
•    Proven market analysis skills
•    High standard of IT literacy to build and maintain tools for trading and to understand overall architecture of e-FX.
•    Project management and/or systems development skills (Desirable). 
•    Knowledge of general bank products (Desirable)


We champion a flexible work environment, as we understand the need for people to meet other commitments or simply strike a good work-life balance.  As such, we are happy to talk flexible working for this role such as reduced working hours.  The role will also include homeworking.  

At Mizuho we are committed to supporting equality and diversity, and seek to create a workplace that is fully inclusive.  We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – and we will be happy to help. 





Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of international clients, focusing its efforts on serving major corporations, financial institutions, individuals and public sector entities. A relationship management approach to serving clients enables Mizuho Bank, together with group companies including Mizuho Trust & Banking and Mizuho Securities, to develop customised solutions in areas such as corporate, structured and project finance, transaction banking and risk management. 

With 81 offices outside Japan, Mizuho Bank offers both local experience and the ability to progress careers across its global business network. Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc, one of the largest financial services companies in the world, with total assets of approximately US $1.8 trillion (as of March, 2016). Mizuho London Branch has over 850 employees, Mizuho Bank employs over 27,000 employees and is part of the Mizuho Financial 
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