JOB DESCRIPTION  

Job title: Turkey FX Trader  

Corporate Title: Vice President  

Employment Entity: Nomura International  

Department: Global Markets  

Location: London  

Opening Date: August 13th 2020  

Closing Date: September 9th 2020  

Compensation: Market Rate  

Department overview:  

Nomura's Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as  

market makers, trading in fixed income and equity securities, including currencies, interest rates, securitised products and credit in cash, derivatives and structured  

products. We have taken market-leading positions across the globe by leveraging the strength of our talent, client relationships and technology.  

Duties and responsibilities:  

 Be the prime market maker in trading Turkish Lira, responsible for revenue generation. The ideal candidate will be making prices in this currency to sales across all EEMEA regions.  

 Provide back-up coverage for other Asian currencies. In the absence of other traders, you will have to provide pricing in other currencies.  

 You will give sales and clients trade ideas related to the Turkish Lira. This will involve morning commentary and update sales/clients about what is going on in the Turkish Market  

 Provide translation for news from Turkey. Being comfortable in Turkish and English, you will have to provide the desk with real time translation of articles in Turkish that are key to understanding Turkey's view on financial markets.  

 You will be responsible for staying up to date to market trends in terms of both currency markets and competitor activity, as well as the regional and internal regulatory environment.  

Key objectives critical to success:  

 The ideal candidate will be a key PnL generator in the EM business and we expect him to contribute significantly to the desk from next year onwards.  

 Upholding Nomura’s culture and values  

Skills, experience, qualifications and knowledge required:  

 FX trader with minimum 10 years’ experience trading local Turkey markets – FX and rates.  

 Minimum VP level and with experience of working in both a local and international bank.  

 Must be Turkish speaker and familiar with the Turkish Lira client base  

 Must have proven track record of revenue generation from Turkish Lira franchise trading and be experienced in managing risk across TRY FX and rates products.  

 Must be comfortable engaging with clients directly and working alongside global FX sales force.  

 Core part of the role is to provide liquidity in Turkish Lira FX and rates products to Nomura clients, build franchise volumes and generate revenue from franchise trading.  

Nomura competencies:  

Trusted Partner:  

Understand clients’ needs and issues, and provide solutions utilizing Nomura Group company’s resources, earn the clients’ trust  

Acquire a wide range of knowledge as an employee of Nomura, instead of focusing only on one’s own area of expertise; play a part in improving the company’s services level and corporate value  

Entrepreneurial leadership:  

Take on new challenges for improvement and cultivate a corporate culture of challenge by driving change in business operations  

Teamwork  

Collaboration:  

Ensure views are not biased, accept different opinions and perspectives, and collaborate with other members to create common values  

Influence:  

Provide appropriate guidance to others and act in a manner that places emphasis on the performance and growth of the organization  

Integrity:  

Improve further the understanding and awareness of corporate philosophy, professional ethics, compliance risk management, and code of conduct, and make decisions and take actions from a management position  

Right to Work  

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.  

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