Associate Director/ Director, eFX Trading
Associate Director/ Director, eFX Trading
About Us
At ANZ, we're shaping a world where people and communities thrive, driven by a common goal: to improve the financial wellbeing and sustainability of our customers. Our Institutional bank helps our largest customers move trade and capital around the region, providing our people with great opportunities to build their technical expertise and their careers.
About the Role
As Associate Director / Director, eFX Trading, you will be directly responsible for the risk management of electronic FX flows across ANZ Global Markets, with a focus on delivering measurable trading outcomes. Your role centres on active risk and flow management, including correlated risk exposures and the deployment of e-hedging models that optimise execution and reduce portfolio VaR. You will be expected to generate consistent trading PNL through the strategic use of eFX engines, targeting improvements in spread capture, hit ratios, and flow velocity.
You will contribute to the expansion of the global eFX franchise by increasing traded volumes and enhancing monetisation efficiency, with performance tracked against flow growth targets and risk-adjusted returns. Your trading decisions will be supported by real-time analytics and systematic feedback loops, enabling dynamic adjustments to pricing and hedging strategies.
A key part of your remit involves working closely with Systematic Quants to customise pricing and distribution engines for high-value client segments. You will be accountable for driving latency improvements, quote acceptance rates, and pricing precision, with direct impact on client flow share and retention.
This is a front-office trading role with clear accountability for market performance, engine profitability, and risk metrics. Success will be measured through trading KPIs including VaR utilisation, PNL attribution, engine hit ratios, and client flow monetisation.
What will your day look like?
Your key responsibilities will include but are not limited to:
- Using data and analytics to optimise hedging, pricing, client configurations, engage sales and principle risk traders to drive consistent competitive pricing in growing both eFX franchise flows and overall revenue.
- Work closely with eFICC team in designing, developing, reviewing and implementing models in response to customer needs, proactively identifying opportunities.
- Work closely with Sales teams and voice traders to ensure consistent, competitive and timely pricing to internal and external customers.
- Collaboration with Sales to grow “e-sales” promoting client self-services in electronic trading.
- Build and maintain strong relationships with internal and external partnerships, stakeholders and platforms.
What will you bring?
To grow and be successful in this role, you will ideally bring the following:
- Extensive FX knowledge, with especially within eFX space.
- Detailed understanding of electronic markets and products – inclusive of technologies to enhance capabilities especially Spot, Forwards, NDF’s.
- Strong quantitative background with the ability to conduct analysis on large amounts of market tick data and client flow for post trade analysis of model performance. .
- Proven experience in dealing with internal and external clients and negotiating with clients and stakeholders at all seniority levels.
- Strong customer focus and ability to drive results.
- Extensive knowledge of FX regulatory framework requirements and Global FX Code of Conduct, with sound technical knowledge and experience.
- Demonstrate ANZ Values and Behaviours: Integrity, Collaboration, Accountability, Respect and Excellent
So why join us?
From the moment you join ANZ, you'll be doing meaningful work that will shape a world where people and communities thrive.
But it's not just our customers who'll feel your impact. you'll feel it too. Because at ANZ, you'll have the resources, opportunities, and support you need to take the next big step in your career.
We're a diverse bunch at ANZ in different roles, different locations, doing different things. That's why we have a range of flexible working arrangements, so our people can 'make work, work for them'. We also provide a range of benefits including access to health and wellbeing services and discounts on selected products and services from ANZ and more.
At ANZ, you'll be part of an organisation where the different backgrounds, perspectives and life experiences of our people are celebrated. That's because we're committed to building a workplace that reflects the diversity of the communities we serve. We welcome applications from everyone and encourage you to talk to us about any adjustments you may require to our recruitment process or the role itself. If you are a candidate with a disability or access requirement, let us know how we can provide you with additional support.
To find out more about working at ANZ, visit https://www.anz.com.au/careers. You can apply for this role by visiting ANZ Careers and searching for reference number 102916.
Job Posting End Date
03/12/2025 , 11.59pm, (Melbourne Australia)