DV Trading is hiring a Global Currency Hedge Trader to manage and optimize FX exposure generated by a large global equities trading platform. You will systematically identify, model, and hedge currency risk arising from a multi-currency equity portfolio.
What You'll Do
- Identify, aggregate, and manage FX exposure generated by global equity trading activity.
- Build quantitative models to optimize currency hedging decisions, minimizing portfolio-level FX exposure while balancing transaction costs and liquidity.
- Develop systematic frameworks for hedge ratio optimization, timing of hedges, and instrument selection.
- Execute FX hedges across spot, forwards, and swaps across G10 and EM currencies.
- Monitor and manage portfolio-level currency risk across multiple regions and trading strategies.
- Continuously improve models by incorporating market structure, correlations, and macro FX dynamics.
- Work closely with equity traders, quantitative researchers, and risk teams to integrate currency risk management into the broader trading platform.
- Analyze hedge performance and exposures to refine models and improve hedging efficiency.
What We're Looking For
- 3+ years of FX trading or currency portfolio management experience at a leading prop trading firm, hedge fund, or investment bank.
- Strong quantitative background with experience building portfolio optimization, risk, or trading models.
- Deep understanding of G10 and EM FX markets, including spot, forwards, swaps, and funding dynamics.
- Demonstrated experience managing multi-currency portfolio exposures tied to global assets.
- Strong programming ability in Python, C++, or similar, with experience building production-quality models.
- Strong statistical intuition and experience working with large market datasets and real-time risk systems.
Nice to Have
- Advanced degree in quantitative finance, mathematics, physics, engineering, statistics, or computer science.
Technical Stack
- Python, C++
Team & Environment
Sits close to the trading desk, works closely with equity traders, quantitative researchers, and risk teams.
Benefits & Compensation
- Annual base salary £120k+
DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
