Global Emerging Markets and Central & Eastern Europe, Middle East, and Africa Local Markets Trader

Job Description:

Job Title

Global Emerging Markets and Central & Eastern Europe, Middle East, and Africa Local Markets Trader

Location

London

Corporate Title

Associate

The Global Emerging Markets (GEM) business covers a comprehensive Emerging Market (EM) product suite of Foreign Exchange (FX), Rate and Credit from vanilla to complex products. It provides access to onshore & offshore markets via direct or electronic channels, as well as synthetic formats. In addition, it also provides financing solutions spanning capital markets, loans and asset-backed financing, from investment grade to distressed. The client base coverage spans the entire spectrum including sovereigns, quasi-sovereigns as well as global / local institutional and corporate clients.

What we'll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.

Hybrid Working

We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern

You can expect:

• 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
• The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year

Your key responsibilities

• Managing product flows along with pricing and risk management / portfolio optimization
• Providing liquidity to Deutsche Bank Clients who range from financial institutions to corporates
• Responsible for execution, trade capture and Profit & Loss (PNL) signoff for the trading books
• Being aware and monitoring all rate volatility markets and identifying opportunities between different markets plus ability to develop hedging strategies
• Sales engagement - Work closely with sales to grow the franchise across corporate and financial institutions
• Liaise with various internal control functions (Legal, Compliance, Credit and Business Management) to manage the trade through its life cycle

Your skills and experience

• Experience in Flow Rates trading and market making business. Strong quantitative skills (preferably in econometrics) and product knowledge. Deep knowledge of Central & Eastern Europe, Middle East, and Africa (CEEMEA) Local Markets including an understanding of onshore and offshore dynamics
• A deep understanding of debt capital/bond / credit markets, credit environment and comfortable pricing a variety of instruments, including government bonds, interest swaps, cross-currency swaps, Forward Rate Agreements (FRAs). Very strong money management skills .Liquidity provider / Market maker profile. Driven to provide very competitive liquidity to client base
• Understanding of regulations across various countries will be desirable
• An understanding and proficiency managing risk in trading books - interest rate risk, libor and cross currency (xccy) basis risk
• Team player, willing to contribute to the collaborative success of the broader team
• Strong networking / communication skills

How we'll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named a The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.