This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.
Purpose of Role
The eFX business is responsible for all pricing, distribution and auto risk management of ecommerce FX business in Markets. It specialises in operating a low latency platform ensuring high resiliency for all clients 24 hours a day. The business is operating at record levels regularly trading in excess of 50k tickets per day. It covers G10, deliverable EM pairs and also NDF’s.
What does this role holder do?
Understand the risk being run by the eFX portfolio and all associated pricing and risk management strategies
Ensure pricing is competitive and focussed on key clients
Support and maintain a robust risk control environment
Manage all day to day risks efficiently and in well controlled manner, from the automated market making business
Highlight day to day issues to Support, Technology and Quant Trading in order be remediated and ultimately for product improvement
Effectively manage Liquidity Provider relationships
Collaborate with global sales teams to drive forward the client agenda helping to produce relevant MI, actions and product improvement. Focus on delivering the Client Strategy
Assist in the creation of innovative trading products as well as new pricing, execution or hedging techniques
Be able to provide in depth analysis and build suitable reports of the business through use of internal tools e.g. Goldmine, KDB
Ensure that activities are within risk management policies covering market, operational, credit and regulatory risks
Escalate any breaches, risks or weaknesses in line with policy
Ensure portfolio is compliant with dealing authorities, positions and risk limits and RBS’
Work with eFX technology and technical leads to achieve desired business outcomes
Ensure we operate a well-controlled business and deliver all regulatory requirements specific to an eFX business
What are the skills, knowledge and experience needed to do the role?
The successful candidates will be required to establish close working relationships globally across the Currencies Trading and Sales business lines and maintain similar relationship with our business partners in middle and back office.
Skills Required
Experience and understanding of eFX products and associated systems
Experience of FX Analytics
Understanding of full life cycle of eFX products e.g. Client execution through to market interaction
FX technology experience preferable
Understanding of trading and hedging strategies along with specific market idiosyncrasies
Demonstrable and thorough understanding of the Regulatory environment affecting the FX trading business
Experience utilizing Python for data analysis, research, or model development
The expected base annual salary range for this position is $180,000 - $220,000 at the start of employment. This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. "Know Your Rights"
Hours
40Job Posting Closing Date:
Job Posting Closing Date is not yet published.Skills Required
- Experience and understanding of eFX products and associated systems
- Experience of FX Analytics
- Understanding of full life cycle of eFX products
- FX technology experience preferable
- Understanding of trading and hedging strategies along with specific market idiosyncrasies
- Demonstrable understanding of the Regulatory environment affecting the FX trading business
- Experience utilizing Python for data analysis, research, or model development
NatWest Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NatWest Group and has not been reviewed or approved by NatWest Group.
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Flexible Benefits — A flexible ValueAccount structure with pension and benefit funding allows tailoring of health, protection, lifestyle, and savings options, with unused amounts typically paid as cash. This flexibility supports personalisation of coverage, particularly in Great Britain where the framework is most detailed.
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Retirement Support — Employer-funded pension contributions are provided on top of salary in Great Britain, alongside automatic retirement enrollment and share/save programs. This creates structured long‑term wealth support as part of total reward.
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Parental & Family Support — UK policies outline extended maternity, adoption and equal partner leave on full pay with a phased return, plus paid neonatal care leave. These provisions are positioned as market‑leading and complement broader flexibility resources.
NatWest Group Insights
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