FX Trader

KEY RESPONSIBILITIES

POSITION MANAGEMENT

To ensure that the Group’s approved NOP and regulatory NOPs are adhered to.
To ensure trading is restricted to approved currencies, tenor and products
Ensure that trading is professionally conducted
Ensure Stopped loss and profit taking levels are adhered to.
Develop platform to build client relations and coordinate customer relationships in the Inter-bank market.
To establish and maintain regular contacts with customers and regulators. 
Identification of trading opportunities, both in-country and regionally.
Identification of area as well as in-country competitive threats and market opportunities, to feed into overall trading strategy.
To set up revenue streams by introducing products such as Proprietary FX Trading.
To monitor business performance on an on-going basis vis-à-vis budget and take pro-active measures to achieve it.
To ensure that necessary steps are taken to address regulatory and internal control guidelines. 
Identification of area as well as in-country competitive threats and market opportunities, to feed into overall trading strategy.
To set up revenue streams by introducing products such as Proprietary FX Trading.
To monitor business performance on an on-going basis vis-à-vis budget and take pro-active measures to achieve it.
To ensure that necessary steps are taken to address regulatory and internal control guidelines.

FINANCIAL MANAGEMENT

Delivery of Country Trading budget.
To provide direction and migrate best practices

COMPLIANCE TO BANK & LOCAL REGULATIONS

To ensure complete adherence to all of ECOBANK’s compliance and regulatory requirements.
To maintain high standards in terms of compliance and internal process ensuring complete adequacy to Audit requirements.
To ensure the business meets its obligation in terms of client appropriateness and suitability of product supply.
To maintain good relationship with regulators.
To keep abreast of the changes in the business and regulatory environment.

EDUCATION & EXPERIENCE

An ACI dealing certificate is a MUST based on CBK regulation
Master’s degree in Finance, Economy or Business Administration
Master’ degree from Engineering School
Master’s degree from Business School
Strong knowledge of customer engagement and lead concretization
Ease of personal communications and attention to detail is a must

COMPLEXITY & JUDGEMENT

FX and Money Market rate management in order to secure the optimum spreads without loss of business.
To be able to analyse and interpret market news with a view to provide quality service and inputs to clients and other business units.
To be able to analyse market trends and information and take steps to further grow business.
To exert sound judgement as to expand customer base within appropriate regulatory and KYC environment.
Multi-cultural and diverse people environment.

Apply via :

fa-emqf-saasfaprod1.fa.ocs.oraclecloud.com