CA Freshers, 0-1 yrs PQE, Junior Forex Strategist/ Forex Strategist at Financial Service Major, Mumbai

  • 0 - 2 Years
  • Not Mentioned
  • mumbai
  • permanent
  • Chartered Accountant
  • Financial_Services
  • Business/Function/Site: Forex & Fixed Income

    Department: Corporate FX

    Reports To: Manager/ Senior Manager

    Functional Area: FX & rates

     

    Job Description

    The role holder will be primarily responsible for Client servicing and acquisition thereby maintaining relationships with new and existing clients in the location defined. He/She will be responsible for advising on FX risk management e.g. Bank liaison, Trade finance, Hedging & Trading advisory services using exchange/bank platforms

     

    Accountabilities and Outcomes/KPIs

    Accountabilities

    - Developing and maintaining client relationships and manage their currency risk in portfolio

    - Updating the domestic and foreign clients on the developments of the market

    - Develop individual hedging strategies for each client and ensure the implementation of the same

    - Intermediary between the client and bank for the day to day dealings and negotiations

    - Ensure to increase the profitability for clients

    - Upscale the relationship with a prospective client for getting them associated with Edelweiss FX and Rates

     

    Outcomes & KPIs

    - Profitability from both new & existing clients

    - Generate references from the client for new acquisitions

    - Renewals of the existing Client relationships

    - Maintaining the MIS for the transparency and accountability for the client and desk

     

    Key Relationships

    Internal: Sales, Research, Dealing Desk, Consulting

    External: Existing & Prospective Clients, Trade associations such as FICCI, ASSOCHAM, CII, law/CA firms etc

     

    Educational Qualifications: - Graduate/Postgraduate Degree in Finance/ MSc. in Economics or MBA in Finance/CA or similar function(s) from an institute of repute in India or abroad -

    Technical Skills: MS Office, Reuters/Bloomberg

     

    Relevant Experience:

    - Relevant work experience in Client Servicing to Retail or Institutional clients. Should be confident and maintain client relations efficiently - Candidate should be well conversant with forex terminologies and hedging instruments (Forwards, Futures, Swaps, Options) - Candidate should be able to comprehend company’s research and have the skill set of convincing clients for hedging their exposures - Candidate should have relevant work experience of 2-8 years in FX advisory / FX sales / Derivative dealing / FX technology / information software system in Banks/ Broking/ Consulting or Technology companies

Employer Profile :

  • Financial Service Major, mumbai
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