Forex (FX) Analyst

Posted:
12/19/2024, 1:57:52 AM

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Quantitative Finance ⋅ Software Engineering

Pay:
$207/hr or $430,560 total comp

Hudson River Trading (HRT) is hiring a Forex (FX) Analyst to join our PostTrade team in the Singapore office. You will be responsible for developing and implementing hedging strategies, analyzing currency exposures, and executing FX transactions. The ideal candidate possesses a deep understanding of financial markets and strong quantitative skills. You will collaborate closely with our algo development team to manage all aspects of forex hedging, while gaining exposure to the fast-paced world of automated trading.

This role offers a unique opportunity to be exposed to the inner workings of a highly successful quantitative trading firm. We are looking for someone that enjoys taking on challenging problems and wants to make an immediate, tangible impact.

Responsibilities

  • Design and execute effective FX hedging strategies using a variety of financial instruments (e.g., forwards, options, swaps)
  • Determine optimal hedge ratios and tailor strategies to specific business needs and risk tolerance
  • Continuously evaluate the effectiveness of hedging programs and make adjustments as needed
  • Negotiate competitive pricing with our counterparties
  • Contribute to the development and enhancement of FX risk management policies and procedures
  • Ensure accurate and timely settlement of FX trades
  • Work closely with the PostTrade team on resolving any trade discrepancies or settlement issues

Qualifications

  • Bachelor's degree in Finance, Economics, or a related field. CFA certification is a plus
  • 2+ years of relevant industry experience with a deep understanding of global currency markets, FX derivatives, and hedging techniques
  • Strong quantitative and analytical skills, with the ability to interpret complex financial data and identify trends
  • Advanced excel skills are essential, and familiarity with Python, SQL, Unix are a plus
  • Strong interpersonal skills and the ability to work collaboratively with algo development, technology and PostTrade teams to refine strategies and deliver optimal results
  • Experience working in global fixed income markets with a proven ability to identify and execute trades across different regions.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.