Derivative and Foreign Exchange Trader

About Us Think BIG. Achieve More.

At City National Bank of Florida, we invest in our people and the communities we serve. Join a team where ambitious careers and meaningful relationships thrive together. We’re entrepreneurs at heart—growing fast, making an impact, and shaping the future of banking in Florida. To learn more about City National Bank of Florida visit About Us!

Overview About the Role: The Foreign Exchange (FX) & Derivatives Officer is responsible for managing foreign exchange and interest rate derivative activities, including FX spot, forwards, non-deliverable forwards, cross-currency swaps, interest rate swaps, and options.

The role focuses on the bank's trading and hedging objectives for U.S. and Latin American corporate and financial institution clients. The Officer exercises discretion and independent judgment on matters of significance by contributing to pricing and structuring derivative products, overseeing trading book exposures, and applying strategies to optimize liquidity. The position also addresses reconciliation issues and ensures accurate post-trade processes.

The Officer provides market commentary and engages in client coverage activities, ensuring solutions are consistent with client needs and internal risk frameworks.

Principal Duties & Responsibilities

  • Originate, structure, and execute hedging strategies for clients, exercising discretion and independent judgment on matters that impact financial risk and liquidity.
  • Advise clients on managing macro market exposures across interest rates, foreign exchange, and credit derivatives, applying advanced financial analysis.
  • Analyze derivative pricing models, prepare client-facing materials, and evaluate financial statements to recommend strategies that align with regulatory and risk frameworks.
  • Ensure compliance with ISDA documentation, CSAs, and all applicable regulatory requirements.
  • Develop solutions informed by market trends and structural opportunities, applying judgment to meet client requirements within established policies.
  • Contribute to the development of FX platforms that improve transaction efficiency and profitability, making recommendations that influence operational outcomes.
  • Collaborate with business lines to shape new products and strategies that support organizational objectives.
  • Prepare proposals, pitchbooks, and presentations for client derivative solutions, ensuring accuracy and compliance.
  • Represent the bank at industry events to maintain expertise and strengthen professional relationships.
  • Monitor industry trends, market conditions, and emerging opportunities that affect the bank’s strategic direction.
  • Travel occasionally to meet with clients and engage in business development activities requiring professional judgment.
  • Serve as a subject matter expert in derivatives and FX products, providing guidance to internal teams and clients on complex financial matters.
Qualifications What you Bring:
  • 2-4 years proven experience in capital markets with a direct focus on Global Markets, including foreign exchange (FX), interest rate derivatives, and fixed income products.
  • Knowledge of interest rate derivatives, foreign exchange (FX), and fixed income products, including strategies for client engagement and solution structuring.
  • Ability to originate and structure derivative transactions for corporate clients, exercising discretion and independent judgment in complex financial matters.
  • Strong understanding of financial markets, macroeconomics, fixed income products, interest rate curve construction, derivative valuation, pricing methodologies, and hedging strategies.
  • Proficiency in risk management concepts and metrics (SA-CCR, PFE, CVA, IM/VM) to evaluate and mitigate exposure.
  • Knowledge of trade reconciliation processes and ability to resolve issues requiring analysis and judgment.
  • Ability to manage multiple priorities effectively with a high degree of organization and attention to detail.
  • Strong analytical skills with capability to apply financial modeling techniques to assess derivatives and recommend solutions.
  • Exceptional communication and interpersonal skills to articulate complex financial concepts to diverse stakeholders and influence decisions.
  • Demonstrated ability to build and maintain strategic relationships with clients, investors, and financial partners.
  • Ability and willingness to travel occasionally for client meetings and industry events requiring professional judgment.
Education
  • Bachelor's Degree in Finance, Economics, or a related field preferred.
  • An equivalent combination of education and/or relevan
Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...