Full job description

Role Overview

Our Client, a leading global investment bank is seeking a Vice President to join its FX Options Trading desk in London, with a focus on correlations, exotics, and cross-asset hybrids across Emerging Markets. This is a high-impact front-office role within a well-established platform, offering direct exposure to institutional clients and complex structured risk. The successful candidate will play a key role in managing and expanding the desk’s footprint across EM FX exotic derivatives, with a particular emphasis on correlation products and hybrid structures (FX/Equity, FX/Rates). The role combines risk-taking, structuring insight, and close collaboration with sales and structuring teams.


Key Responsibilities

* Market Making & Risk Management:
Manage and price EM FX exotic options, including correlation-linked and hybrid products across a broad range of emerging market currencies. Actively manage associated risk, including vega, vol-of-vol, correlation, and cross-gamma exposures.

* Product Expertise:
Trade and develop complex EM-focused structures such as baskets, worst-of, best-of, TARFs, and cross-asset hybrid derivatives.

* Client Engagement:
Partner with institutional sales to deliver tailored EM solutions to hedge funds, asset managers, corporates, and private banks. Contribute to idea generation and bespoke trade structuring.

* Pricing & Model Interaction:
Work closely with quantitative teams on model enhancements for correlation and hybrid pricing. Maintain strong understanding of Monte Carlo frameworks and local/stochastic volatility models.

* P&L Ownership:
Take ownership of a defined EM risk book, contributing to revenue generation while maintaining disciplined risk controls.

* Market Intelligence:
Monitor macro developments, EM volatility surfaces, and cross-asset dynamics to inform trading strategies and pricing.



Requirements

*Strong experience in FX Options Trading, ideally with exposure to EM exotics, correlations, or hybrids
*Solid understanding of volatility modelling, correlation dynamics, and structured derivatives
*Demonstrated track record of risk management and P&L generation
*Strong quantitative intuition; ability to interact effectively with quantitative teams
*Commercial mindset with proven ability to support client flow and generate ideas
*Excellent communication skills and ability to operate in a fast-paced trading environment


Preferred Background

*Experience trading emerging market FX derivatives
*Familiarity with equity/FX hybrid products or structured rates/FX solutions
*Background in a top-tier investment bank or leading financial institution