Derivative and FX Trader jobs in United States
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City National Bank · 2 months ago

Derivative and FX Trader

City National Bank is seeking an FX & Derivatives Trading Officer responsible for executing and managing foreign exchange and interest rate derivative transactions. The role involves supporting the bank’s trading activities, contributing to pricing and structuring derivative products, and ensuring compliance with regulatory guidelines.

BankingFinanceFinancial Services
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H1B Sponsor Likelynote

Responsibilities

Originate, structure, and execute tailored hedging solutions and strategies to meet specific client needs
Advise clients on managing macro market exposures across interest rates, foreign exchange, and credit derivatives
Analyze derivative pricing models, prepare client-facing materials, and evaluate company financial statements to identify and recommend strategies
Ensure compliance with ISDA documentation, CSAs, and all relevant regulatory guidelines
Develop creative solutions while staying informed of market trends and structural opportunities to meet client requirements in accordance with desk policies
Support the development of a robust FX platform that enhances transaction efficiency and profitability for clients
Collaborate with business lines to help shape new products and vertical strategies aligned with organizational goals
Prepare proposals, pitchbooks, and presentations to clients regarding corporate derivative solutions
Represent the firm at industry events (e.g., derivatives, FX) to maintain industry knowledge and strengthen relationships
Monitor industry trends, market conditions, and emerging opportunities that impact the bank's strategy
Travel occasionally to meet with clients and support business development
Serve as a subject matter expert in derivatives and FX products, providing guidance to internal teams and clients

Qualification

Foreign Exchange (FX)Interest Rate DerivativesDerivatives SalesRisk ManagementFinancial ModelingCFAFRMAnalytical SkillsCommunication SkillsOrganizational Skills

Required

3-5 years of proven experience in capital markets with a direct focus on Global Markets, including foreign exchange (FX), interest rate derivatives, and fixed income products
Knowledge of interest rate derivatives, foreign exchange (FX), and fixed income products, including their direct marketing strategies
Skill in derivatives sales, particularly with corporate clients, with the ability to structure and execute complex transactions
Strong understanding of financial markets, macroeconomics, fixed income products, interest rate curve construction, derivative valuation, pricing methodologies, and hedging strategies
Skills in Risk Management (Sa-CCR, PFE, CVA, IM/VM)
Knowledge of trade reconciliations and operational support
Ability to remain highly organized and detail-oriented, managing multiple priorities effectively
Strong analytical skills with the ability to apply basic financial modeling techniques to assess derivatives and financial solutions
Exceptional communication and interpersonal skills, with the ability to clearly articulate complex financial concepts to diverse stakeholders
Demonstrated ability to build and maintain productive relationships with investors, clients, and financial partners
Ability and willingness to travel occasionally to meet with clients and attend industry events

Preferred

CFA or FRM designation preferred
Bachelor's Degree in Finance, Economics, or a related field preferred
An equivalent combination of education and/or relevant professional experience may be considered in lieu of a degree

Company

City National Bank

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City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.

H1B Sponsorship

City National Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (76)
2024 (78)
2023 (145)
2022 (93)
2021 (107)
2020 (62)

Funding

Current Stage
Public Company
Total Funding
unknown
1978-01-13IPO

Leadership Team

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Howard Hammond
CEO City National Bank
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Fiyaz Khan
Senior Vice President, Structured Products
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Company data provided by crunchbase