FX Trader I
Introduction:
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview:
East West Bank is seeking a FX Trader to manage client flows, execute trades, and oversee the bank’s FX exposure. This role focuses on pricing spot and FX derivatives. The trader will be responsible for reconciling books, monitoring outstanding orders, advising on hedging strategies, and supporting sales with market insights and rate forecasts, all while staying current with market trends and ensuring operational accuracy.
Responsibilities:
- Execute and quote trades across FX products, including spot, forwards, swaps, options, and non-deliverable forwards (NDFs).
- Manage the bank’s FX positions, cash flow, and Nostro account balances while advising FX Advisors and sales teams on strategies and forecasts.
- Prepare market research, analysis, and updates for internal teams and clients, delivering relevant insights based on the latest developments.
- Stay informed about market trends to ensure optimal FX strategies and effective decision-making.
- Reconcile books and ensure accurate trade records to meet compliance and operational standards.
- Monitor outstanding orders for accuracy, compliance, and proper record-keeping.
- Collaborate with the sales department to respond to FX inquiries and support foreign exchange operations.
- Maintain interbank relationships and leverage market knowledge to optimize day-to-day trading operations.
- Participate in special projects and adapt to the evolving market environment.
Qualifications:
- Bachelor’s degree in finance, economics, business, or a related field.
- 1+ years of FX-related experience in banking preferred.
- Strong proficiency in Excel to support analysis, reporting, and trade management.
- Strong research, presentation, and communication skills, with the ability to engage with stakeholders at all levels.
- Familiarity with programming languages such as C, VBA, or Python is a plus.
- Adaptable to a dynamic environment with a proactive approach to change
The base pay range for this position is USD $25.00/Hr. - USD $33.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.