Associate Associate Director, FICC Trading APAC

About This Role

This role is for an Associate or Associate Director in FICC Trading for the APAC region, based in Singapore. The primary responsibility is to make markets for clients and trade the firm's repo, FX, STIR, rates, and credit books in the region. The role involves executing and hedging transactions to manage and mitigate risk associated with customer transactions and trading positions, while also engaging with clients to foster banking relationships.

Responsibilities

• Meet and exceed client volumes and market share metrics
• Price fixed income cash securities from Scotiabank’s global product suite, including USD and CAD denominated instruments (Governments, SSAs, and Corporates)
• Help manage and hedge relevant interest rate derivatives trading risks (IRS, Xccy, and basis), as appropriate
• Promote BNS interest rate products and identify and action cross-sell opportunities with clients
• Help manage and hedge relevant FX spot, forwards, swaps, options, and NDFs risks as appropriate in the region
• Drive up trading volume during the process of expanding the FX business
• Help manage and hedge relevant short-term interest rate risks and liaise with the global STI desks to promote Bank’s products
• Assist with the structuring, marketing, and pricing of various non-linear / exotic FICC structured solutions & FICC linked structured notes during Asia time-zone, providing support to the client coverage teams (primarily APAC Fixed Income Sales)
• Contribute to a client-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Actively pursue effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk
• Champion a high-performance environment and contributes to an inclusive work environment
• Operate within approved risk limits and promptly escalation any actual or potential breaches

Requirements

• Successful completion of the National Futures Association’s Swaps Proficiency Requirement (SPR) prior to engaging in in-scope activity
• Operate within designated trading limits
• Strong communication and interpersonal skills
• Demonstrate ability to manage multiple tasks simultaneously and excel under pressure
• Self-motivated

About the Company

Scotiabank is committed to investing in its employees and helping them continue their careers. BNS Singapore acts as the regional trading hub, providing centralized, efficient client coverage and engagement for its flow business, DCM activities, private placements, financing, and credit- and rates-linked structured products.