Managing Director – FX & Commodities Trading

Job Description

Senior Director – FX & Commodities Trading | Mashreq

The Tone:
This is a full-time leadership role at Mashreq, located in the United Arab Emirates. Mashreq is a prominent financial institution with a strong presence in global markets. This position is central to leading the bank’s foreign exchange and commodities trading activities, ensuring sustainable revenue generation, effective risk management, and the enhancement of Mashreq’s market franchise in these critical areas.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person United Arab Emirates

• Team: Injaz – Trading – FX & Commodities. Treasury and Capital Markets
• Mission: Lead the Bank’s foreign exchange and commodities trading activities to deliver sustainable risk-adjusted revenues, manage market risks, and strengthen the Bank’s franchise.

What You’ll Actually Do
• Strategy Development: Develop and execute the FX and commodities trading strategy aligned with Treasury & Global Markets priorities.
• Revenue Generation: Deliver sustainable revenue growth and risk-adjusted returns across approved FX and commodities trading books.
• Risk Management: Manage trading positions, liquidity, inventory, hedging, and market risk within approved mandates and limits.
• Client Support: Provide competitive pricing and execution support to Sales and client coverage teams.
• Trading Oversight: Oversee trading activities across spot, forwards, swaps, options, precious metals, energy, and other approved commodities products.

The Must-Haves
• Background: Bachelor’s degree in Finance, Economics, Business, Mathematics, Engineering, or a related discipline. This is a senior executive leadership role.
• Experience: Extensive experience in FX, commodities, derivatives trading, or global macro markets. Proven experience managing trading books and senior trading teams in a regulated environment.
• Skills: Strong knowledge of spot, forwards, swaps, options, precious metals, energy, and commodity-linked products. Deep understanding of market risk, liquidity risk, benchmark conduct, execution standards, and regulatory requirements.
• Bonus: Master’s degree or MBA preferred. CFA, FRM, ACI Dealing Certificate or equivalent markets qualification preferred.