Foreign Exchange Trader

About the role

This Foreign Exchange Trader role focuses on active management of FX trading activities, including position management, exposure monitoring, and risk control. The successful candidate will execute trades based on market conditions and company strategies, while strictly adhering to established risk management policies and trading procedures. This involves maintaining strong trading discipline and avoiding emotional or unauthorized decisions.

A key part of the role is continuous market monitoring and analysis. This includes tracking global foreign exchange markets, currency movements, macroeconomic developments, central bank policies, and geopolitical events that influence FX. The trader will also be responsible for optimizing trading strategies by regularly reviewing performance, market conditions, and risk exposure, adapting approaches as the market changes.

The role requires maintaining accurate trading records and providing regular reports on performance, risk exposure, and key decisions. The trader will also offer timely market updates and insights to management. This position is within Coins, a regulated crypto brand in the Philippines, which emphasizes a data-driven culture and cross-functional collaboration to improve customer experience.

The salary for this position ranges from $52,000 to $88,000 USD annually.

Skills that matter here

• Finance: A background in this field provides foundational knowledge for understanding financial markets and instruments relevant to FX trading.
• Economics: This skill is crucial for analyzing macroeconomic drivers, central bank policies, and other factors that impact foreign exchange markets.
• Mathematics: Quantitative skills are essential for analyzing market data, understanding trading models, and making data-driven decisions.
• Statistics: This skill supports the analysis of market trends, performance metrics, and risk assessment in trading activities.
• trading platforms: Experience with these systems is preferred for executing trades and accessing market data efficiently.
• market data terminals: Familiarity with these tools helps in monitoring global financial markets and gathering information for trading decisions.

Who this role suits

• Someone with at least two years of hands-on foreign exchange trading experience, ideally in an institutional setting.
• An individual who possesses strong analytical and numerical abilities, capable of making quick, informed decisions.
• A person with a high level of integrity and responsibility, who can strictly adhere to risk management policies and trading procedures.
• Someone who is continuously engaged with global financial markets and proactive in adapting trading strategies to changing conditions.

From the employer

• FX Market Trading
• Conduct foreign exchange trading activities based on market conditions, trading strategies, and the Company's risk management requirements.
• Position Management
• Actively manage trading positions, monitor exposure and market risk, and adjust positions in a timely manner based on market movements and trading strategies.
• Risk & Trading Discipline
• Strictly follow established trading strategies, risk management policies, position limits, stop-loss requirements, and trading procedures. Maintain strong trading discipline and avoid emotional or unauthorized trading decisions.
• Market Monitoring & Analysis
• Closely monitor global foreign exchange markets, including currency movements, macroeconomic developments, central bank policies, interest rates, economic data, geopolitical events, and other factors that may impact FX markets.
• Trading Strategy Optimization
• Continuously review trading performance, market conditions, and risk exposure, and proactively update trading approaches and strategies to adapt to changing market environments.
• Trading Performance & Reporting
• Maintain accurate trading records and regularly review trading performance, risk exposure, and key trading decisions. Provide timely market updates and trading insights to management when required.

• Bachelor's degree or above in Finance, Economics, Mathematics, Statistics, or a related field preferred.
• 2+ years of hands-on foreign exchange trading experience, preferably with experience in institutional or professional trading environments.
• Solid understanding of the FX market, currency pairs, market dynamics, and macroeconomic drivers.
• Demonstrated experience in position management, exposure management, and trading risk control.
• Strong trading discipline with the ability to strictly execute established trading strategies and risk management rules.
• Strong market awareness and ability to respond quickly to changes in market conditions.
• Able to continuously follow global financial markets and update trading strategies and market views.
• Strong analytical, numerical, and decision-making skills.
• Experience with trading platforms, market data terminals, or relevant FX trading systems is preferred.
• High level of integrity, responsibility, and risk awareness.

• Meaningful Collaborations - The successful candidate will work cross-functionally with other relevant teams to carry out implementations that will improve and create an impact on customer experience.
• Scalable Growth - Be part of a fast-growing organization with the vision to expand its territories outside APAC which will provide opportunities for career advancement.
• A Space For Bright Ideas - Let your bright ideas be converted into meaningful changes! Coins culture welcomes new ideas backed up by data to create an impact.