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Associate Trader/Trader (FX) (location: Seattle) U.S. Hours

Russell Investments

Russell Investments

Seattle, WA, USA
Posted on Wednesday, June 5, 2024

Business Unit:

Investment Division


Salary Range:

$90,000 USD - $140,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.


Job Description:

We are looking to add an Associate Trader/Trader to our growing Currency Trading team. This position will be an integral team member of an established group that offers a variety of currency overlay and currency trading services to plan sponsors, investment managers and Russell's funds. This individual will be directly involved in establishing, directing and implementing currency trading strategies. Responsibilities will include trading, transaction cost analysis, new client development and set-up, client service and systems development.

This role is located in Seattle and is trading during U.S. hours. This role offers ample opportunities for collaboration and knowledge sharing across our Trading team.

The responsibilities of this position include:

  • Trading: Execute/negotiate foreign exchange transactions (spots, forwards, options).
  • New client set-up: Work closely with internal resources (including operations, legal/compliance and portfolio managers) to establish new accounts.
  • Client service: Serve as primary contact for a subset of clients. Monitor and evaluate trading results. Report results to clients, answer client questions, and assist in the identification of additional business opportunities.
  • Systems Development: Work with internal and external developers to design, develop and test tools to automate manual functions and improve risk controls.
  • Transaction Cost Analysis: Work closely with other team members on FX TCA projects.

The successful candidate will have extensive demonstrable skills and experiences including the following:

  • Bachelor's degree in Finance, Economics or Mathematics. MBA/CFA or progress toward desired.
  • 2-4 years of relevant foreign exchange experience for associate trader preferred; 4 - 6 years of relevant foreign exchange experience for trader preferred
  • Knowledge of electronic execution platforms and trading systems
  • Knowledge of trading costs and settlement practices.
  • Creative problem solving skills.
  • Technology skills, including strong proficiency with excel and comfort with database applications.
  • Proven client service abilities.
  • Analytical, detail-oriented and very precise with numbers with a strong attention to detail.

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.