Foreign Exchange Trader Cover Letter

I am excited to be applying for the position of foreign exchange trader. Please accept this letter and the attached resume as my interest in this position.

Previously, I was responsible for front Office Risk analysis and Reports to the trading desks and answer the requests related to the business.

Please consider my qualifications and experience:

• Experience of pricing and managing FX Forwards & STIR products
• Proven track record at revenue generation
• Thorough knowledge of all short end rate derivatives, XCCY swaps, and FX Forwards
• Excellent spreadsheet and database skills (Matlab, VBA, Java)
• Prior experience as a Capital Markets Analyst, Associate and/or Vice President
• Prior experience working within a futures commission merchant or Prime Services division of a Capital Markets business
• Existing client relationships aren't necessary but would be a strong positive
• Strong computing and programming (coding) skills, experience in utilising programming languages

In response to your job posting for foreign exchange trader, I am including this letter and my resume for your review.

Previously, I was responsible for primary coverage of defined Healthcare and Technology clients and various geographical segments for FX and Derivatives.

My experience is an excellent fit for the list of requirements in this job:

• Signing off on daily execution (P&L) and substantiating any breaks or large movements
• Assisting with amendments/cancellations, net present values, and Novations for Post Trade Events
• Working with the Front Office Product Team, Client Service, and IT to design, test, and implement system enhancements
• Serving as an escalation point for client queries related to Sales and Trading activity, pricing, market color, liquidity, and more
• Potential expansion into the Futures Commission Merchant treasury function
• Quote FX pricing to bank clients that upon acceptance commits the bank to off-balance sheet risks in compliance with the Global Capital Markets (GCM) Discretion Operating Standards Policy
• Assist GCM senior corporate traders in the sales and trading of all customer related Foreign Exchange (FX) products along with structuring risk management strategies/programs to assist clients in mitigating their company's FX risks (involving FX Forwards, FX Options, FX Loans)
• Actively manage a defined and prospective base of clients to generate new business and to maximize non-interest income (NII) commensurate with the bank's risk appetite

Please consider me for the foreign exchange trader opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for support during vacation, absences and peaks to the active Global Equities and FX Trading Teams.

Please consider my qualifications and experience:

• Able to articulate ideas in a clear and concise manner to enable effective communication across multiple teams and functions
• Trading experience beneficial
• Bloomber/Reuters, LME system and Excel experience
• Understanding of FX and Commodity markets and hedging methodology
• Interest in RP industry
• Understanding of FX & LME markets
• Efficient and structured working method, resilient to pressure and strong communication skills
• Familiarity with fundamental and technical analysis of the currency markets is preferred

I am excited to be applying for the position of foreign exchange trader. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for fast paced SL2 technical support for all electronic trading applications used by the FX business including (market connectivity, FIX for direct market access, front end trading & algo platforms, and order management system).

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Gather and analyze market color and communicate relevant information to portfolio managers, analysts, and other traders
• Price and execute FX, Commodity, Interest Rate and Credit derivative trades (Spot, Forward, Derivatives, and Structured Products) for clients of the private bank
• Adhere to bank's overall goals toward credit policies and risk management, keeping records up-to-date
• Understanding client execution strategies and liquidity requirements and how the team can be a relevant liquidity provider to them commercially
• Pricing of client deals
• Managing risk to FX Swap, IR, and CCS markets
• Driving business growth
• Reviewing market data and working with the client and dealer to agree on a price in the event of an off-market trade by a foreign exchange prime brokerage customer

I submit this application to express my sincere interest in the foreign exchange trader position.

In my previous role, I was responsible for visible leadership by working with team members in the development of regional and global trading strategies for short to long term time horizons.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Assist other FX staff with business development efforts, while also developing knowledge of other GCM products (interest rate and energy) to provide cross-sell opportunities within GCM
• Develop an expertise in all trading room systems, operations, and accounting system requirements
• Develop an expertise in all related GCM back-office and middle-office operational requirements
• Take a strong interest in being a self-starter when it comes to training and education for future professional development through industry and bank learning educational opportunities
• Working with Technology to develop the capabilities of the platform
• Helping to manage the risk and operating the eFX trading platforms
• Quoting and managing direct/non-machine qualifying voice order business from Sales
• When appropriate, use eFX liquidity for portfolio efficiency and use of discretion to tighten or skew pricing, based on client specific knowledge