EFX Quant Trader

Electronic FX Trader

We are seeking a highly skilled Electronic FX Trader to join our trading team. The ideal candidate will manage and optimize electronic foreign exchange (FX) trading strategies across major and emerging market currencies. This role requires strong quantitative skills, deep market knowledge, and proficiency in electronic trading platforms and algorithmic execution.

Key Responsibilities

• Market Making & Execution:
  • Provide liquidity and execute trades in G10 and EM currencies via electronic platforms.
  • Responsible for price construction of trades through various electronic channels.
• Risk Management:
  • Manage real-time risk exposures within defined limits.
  • Monitor and optimize algorithmic execution strategies to minimize market impact and transaction costs.
  • Ensure compliance with internal risk policies and regulatory requirements.
• Strategy Development:
  • Enhance pricing models and execution algorithms.
  • Ability to process large amounts of data, optimize/extract predictive value and articulate this into alpha research while collaborating with team to develop signals.
  • Analyze market microstructure and implement improvements to trading strategies.
• Client Interaction:
  • Support sales teams with pricing and execution for client flows.
• Technology & Innovation:
  • Work closely with technology teams to improve platform functionality and performance.
  • Stay ahead of industry trends in electronic trading and FX market structure.

Qualifications

• Bachelor's in Finance, Economics, Mathematics, Computer Science, or related field.
• 5+ years of experience in electronic FX trading.
• Strong understanding of FX market dynamics, liquidity, and electronic execution.
• Proficiency in multi dealer trading platforms and ECN's.
• Excellent analytical, problem-solving, and communication skills.

Preferred Skills

• Master's in Finance, Economics, Mathematics, Computer Science, or related field.
• Solid programming or scripting skills (Python, C++, or Java) a plus.
• Strong data analysis and data management skills.
• Experience developing and/or implementing client and internal facing algorithms.
• Experience making markets via voice for large FX spot tickets.
• Familiarity with FIX protocol.
• Knowledge of regulatory frameworks (MiFID II, Dodd-Frank, Global Code).

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.