Junior Trader

at  Corpay

Sydney, New South Wales, Australia -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate06 Nov, 2024Not Specified08 Aug, 2024N/ATrading Strategies,Indicators,Forwards,Position Management,Performance Metrics,Regulatory Requirements,Finance,Communication Skills,Economics,Market Updates,Market Analysis,MathematicsNoNo
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Description:

What We Need
Corpay is currently looking to hire a Junior Trader within our hedging solutions division. This position falls under our Cross-Border line of business and will sit in our Sydney office. In this role, you will support the regional APAC trading desk in servicing the sales and dealing teams while also learning the details of FX options hedging. You will report directly to SVP of Markets and Operations and regularly collaborate with the FX dealing and sales teams within the APAC region to execute FX transactions.
How We Work

As a Junior Trader you will be expected to work in hybrid environment. Corpay will set you up for success by providing:

  • Workspace in our Sydney office
  • Company-issued equipment
  • Formal, hands-on training

Role Responsibilities

The Junior Trader supports senior traders in position management and option pricing/booking and risk management for the APAC region. This role will give hands on experience in executing a variety of FX transactions including Spot, Forwards, NDF’s and Options. Other responsibilities of the role will include:

  • Keep track of economic news, market trends, and geopolitical events that may affect currency exchange rates, and write morning commentary and market updates as they happen to be broadcast to the sales team.
  • Conduct in-depth technical and fundamental analysis to identify profitable trading opportunities. Use various tools and indicators to study price trends, support and resistance levels, and market volatility.
  • Buy and sell currencies using electronic trading platforms. Place orders and execute trades based on market conditions, client instructions, and risk management strategies.
  • Implement risk management techniques to protect against potential losses. Set stop-loss orders and take-profit targets to limit exposure. Monitor and adjust trading positions as market conditions change.
  • Create and implement trading strategies based on market analysis and risk appetite. Continuously evaluate and refine strategies to adapt to changing market conditions.
  • Track and analyse trading performance metrics, such as profit and loss, win ratio, and risk-reward ratio. Identify areas for improvement and take necessary actions to enhance profitability.
  • Backup for spot book as and when needed.

Qualifications & Skills

  • Degree/Diploma in Finance, Economics, Mathematics, Engineering or a related field.
  • Proficiency in using trading platforms, analytical tools, and financial software.
  • Excellent problem-solving and decision-making abilities.
  • Good understanding of regulatory requirements and compliance standards in the financial industry.
  • Ability to work independently and as part of a team in a fast-paced trading environment.
  • Excellent verbal and written communication skills.

Benefits & Perks

  • Virtual fitness classes offered company-wide
  • Robust PTO offerings including: major holidays, vacation, sick, personal, & volunteer time
  • Employee discounts with major providers (i.e. wireless, gym, car rental, etc.)
  • Philanthropic support with both local and national organizations
  • Fun culture with company-wide contests and prizes

Our Company & Purpose
Corpay is a global leader in business payments, laser focused on developing smarter ways for businesses to pay their expenses. Since 2000, Corpay has developed innovative digital solutions that help businesses better track, manage, and pay their expenses. Today, Corpay is an S&P 500 company with hundreds of thousands of customers using our products in over 200 countries. Companies of all sizes, industries and geographies rely on our product portfolio to manage spending more quickly, efficiently and securely than ever before.
We embrace a culture grounded in five key values: integrity, collaboration, innovation, execution and people. These values offer you the opportunity to ‘thrive & grow’ through career development, volunteer, community, and wellness initiatives. This allows you to create a balance between professional goals and personal achievement.

Corpay is also committed to building and nurturing a culture of diversity, inclusion, equality, and belonging by:

  • Welcoming people of different backgrounds, cultures, ethnicities, genders, and sexual orientations;
  • Empowering our people to share their experiences and ideas through open forums and individual conversations; and
  • Valuing each person’s unique perspectives and individual contributions.

Embracing diversity enables our people to “make the difference” as Corpay and its more than 8,000 employees continue to shape the future of global payments.
Equal Opportunity/Affirmative Action Employer
Corpay is an Equal Opportunity Employer. Corpay provides equal employment opportunities to all employees and applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information, veteran and/or military status or any other group status protected by federal or local law. If you require reasonable accommodation for the application and/or interview process, please notify a representative of the Human Resources Department.

LI-Hybrid

LI-CT

Responsibilities:

  • Keep track of economic news, market trends, and geopolitical events that may affect currency exchange rates, and write morning commentary and market updates as they happen to be broadcast to the sales team.
  • Conduct in-depth technical and fundamental analysis to identify profitable trading opportunities. Use various tools and indicators to study price trends, support and resistance levels, and market volatility.
  • Buy and sell currencies using electronic trading platforms. Place orders and execute trades based on market conditions, client instructions, and risk management strategies.
  • Implement risk management techniques to protect against potential losses. Set stop-loss orders and take-profit targets to limit exposure. Monitor and adjust trading positions as market conditions change.
  • Create and implement trading strategies based on market analysis and risk appetite. Continuously evaluate and refine strategies to adapt to changing market conditions.
  • Track and analyse trading performance metrics, such as profit and loss, win ratio, and risk-reward ratio. Identify areas for improvement and take necessary actions to enhance profitability.
  • Backup for spot book as and when needed


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Marketing/Advertising/Sales

Marketing / Advertising / MR / PR

Digital Marketing

Graduate

Economics, Engineering, Finance, Mathematics

Proficient

1

Sydney NSW, Australia