Analyst - Currencies & Emerging Markets Trading – Southern Cone (Year 1)

Join our Southern Cone CEM Trading desk and help drive disciplined risk management and innovative trading strategies in FX markets. As a Trading Analyst, you’ll collaborate with traders, sales, Market Risk, Finance, and Operations to deliver accurate trade capture, insightful analytics, and well-structured trade ideas. We value proactive, detail-oriented professionals who thrive in fast-paced environments and are committed to operational excellence.

As a Southern Cone CEM Trading Analyst in our Markets team, you will focus on robust risk and control execution, daily P&L production and explain, position and limit reporting, and delivering well-structured trade idea proposals in FX products across Argentina, Uruguay, Paraguay, and Bolivia. You will partner closely with stakeholders to ensure accurate trade capture, disciplined controls, and data-driven insights that support risk-aware revenue generation.

Job Responsibilities

• Execute daily front-to-back trade capture controls for FX products in ARS, UYU, PYG, and BOB; investigate and resolve trade, position, and valuation breaks with Middle Office and Operations
• Monitor and report desk risk versus limits, perform end-of-day checks, and contribute to T0/T+1 sign-offs
• Maintain and enhance desk procedures, pre-trade checklists, and control evidence; escalate breaches or anomalies and document remediation
• Uphold conduct, regulatory, and supervisory standards including order handling practices and information barriers
• Produce daily P&L and risk explain with clear attribution to drivers; reconcile desk P&L with Finance and resolve discrepancies
• Build, maintain, and automate desk dashboards and MIS to summarize positions, P&L, limit usage, and scenario risk; contribute to morning notes and reporting
• Propose succinct, risk-aware trade ideas in spot, forwards/NDFs, and options with thesis, entry levels, scenarios, risks, and unwind plans
• Maintain relative value monitors and pricing sheets to inform trade selection
• Support supervised pricing of RFQs, run scenario analyses, and coordinate with Sales on client flows within approved controls
• Focus on funding and trading the front end of the curve in local markets
• Partner with Market Risk, Finance, Operations, and Technology to ensure alignment and support lifecycle events, settlements, and data quality

Required Qualifications, Capabilities and Skills

• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, Computer Science, or related field
• Up to 1 year of relevant markets experience (internships included) with demonstrable interest in FX and emerging markets
• Strong analytical and quantitative skills; proficiency in Excel (formulas, pivots; VBA) and at least one of Python or SQL
• Foundational understanding of FX products (spot, forwards, NDFs; options), P&L attribution, and basic risk metrics
• Knowledge of Southern Cone macroeconomics and local market structure across Argentina, Uruguay, Paraguay, and Bolivia
• Excellent written and verbal communication skills in English and Spanish
• Detail-oriented, control-focused, proactive, and comfortable working in a fast-paced trading environment
• Regulatory licenses 

Preferred Qualifications, Capabilities, and Skills

• Familiarity with capital flow dynamics and settlement conventions
• Experience with automation and dashboarding tools
• Proven ability to drive process improvements
• Commitment to accuracy and compliance
• Experience working in multinational organizations