Job SummaryThe Manager, Trading Desk will be responsible for managing BitPesa’s liquidity, treasury operations, pricing and risk management. You will support the Sales and trading team which are based in Kenya and Nigeria, however the operations cover multiple time zones and locations (Tanzania, Uganda, Kenya, Senegal, Ghana, Nigeria, along with counterparties in Europe and the US). This is an exciting opportunity to help Africa’s leading digital currency start-up build a brand in East and West Africa. Move with BitPesa, Move with Africa.ResponsibilitiesPricing
Make a market in several currency pairs
Monitor competitor pricing
Work with sales team to maximize price effectiveness vs. profitability
Make recommendations to improve trading procedures (reduce risk, increase efficiency, maximize profitability)
Quantify risk of multiple African currency balances
Ensure all trading activities are in compliance with our best execution policies
Perform trade execution data analysis including broker due diligence, execution measurement, performance tracking and accountability
Liquidity Management
Manage liquidity across dozens of accounts in over 10 currencies
Project cash flows and provide analysis of cash movements
Carefully monitor capital controls, intercompany flows, and any other factors that may inhibit ability to move funds freely
Manage relationships withal trading counterparties
Provide recommendations for automation, risk mitigation, or any other policies & procedures to increase efficiency and mitigate risk while maintaining trade volumes
Analysis/ Forecasting
Daily/weekly/monthly review of profitability across all countries
Analyze the direction of customer flows
Monitor the bank rates and black-market rates
Full life cycle trade responsibilities: build, pre-trade analysis, execution, post-trade analysis, allocations and settlement across multiple strategies, brokers and banks
Requirements
University Degree
Deep experience in trading and treasury, ideally Foreign Exchange
Excellent interpersonal, communications, public speaking, and presentation skills
Highly detail oriented and analytical
Fluent in French and English
Benefits
Competitive remuneration
Casual work environment
Great work-life balance
We value autonomy
Environmental-friendly (we try to use as less paper as possible!)
Opportunity for growth for all our employees
…and more!