Job Description:
Latest Job Information from Company Jobgam as position FX Trader Associate (Remote) at Fairmoney Microfinance Bank. If Job Vacancy FX Trader Associate (Remote) at Fairmoney Microfinance Bank in Nigeria (Remote) matches your criteria, please send your latest application/CV directly through the latest and most updated job site Jobkos.
Every job may not be easy to apply for, because as a new candidate / prospective employee must meet several qualifications and requirements according to the criteria sought by the Company. Hopefully the career information from Jobgam as the position FX Trader Associate (Remote) at Fairmoney Microfinance Bank below matches your qualifications.
JOB TITLE: FX Trader AssociateJOB LOCATION:Nigeria (Remote)
JOB LOCATIONADVERTISEMENT
- As an FX Trade Associate at Fairmoney, you will be responsible for managing FX margins and rates for our B2B Cross-Border Payments trades.
- This role involves overseeing positive positions and maximizing trade margins, contributing to the overall profitability of the business.
- The ideal candidate will have a strong understanding of Fintechs, treasury management, FX rates, and currency risk management tools, alongside a proven ability to handle large block trades and collaborate effectively with internal and external stakeholders.
Key ResponsibilitiesExecute and Match Trades:
- Handle large block trades within the market, ensuring efficient execution and matching with clients’ needs.
Develop And Contribute To OTC Sales Strategies- Play an active role in developing OTC sales strategies, guiding and driving the team on the best approach to implementing these strategies.
Regulatory Knowledge And Compliance- Bring familiarity with deliverable FX market regulations and compliance requirements (preferred), ensuring all activities are in line with regulatory standards.
Foreign Exchange Market Expertise- Demonstrate a strong understanding of foreign exchange markets and trading platforms (preferred), applying this knowledge to optimise trade execution.
Market And Pricing Information- Provide internal stakeholders with daily market updates, pricing information, and forecasts to support decision-making and trading activities.
Collaborate With Sales Teams And Clients- Work closely with Sales teams, clients, and other internal stakeholders to ensure accurate trade capture, manage risk, and provide excellent client servicing.
Booking And Managing Trades- Accurately book trades and ensure positions are correctly reflected, ensuring minimal discrepancies in all trade processes.
Discrepancy Resolution- Address any discrepancies related to trade bookings in a timely and effective manner, working in collaboration with the sales team and clients.
Reconcile Trades- Reconcile the present value of trades daily with the sales team, ensuring accurate accounting for all outstanding and unprocessed trades.
Compliance And Control Processes- Ensure compliance with trade booking, verification, and reconciliation controls, while enhancing processes for better accuracy and efficiency.
Drive Scalable Growth- Focus on generating scalable, repeatable, and predictable trade volume, net revenue, and gross profit to support the company’s growth goals.
Reporting And Data Analysis- Analyze and present market and trade data to key internal stakeholders, informing impactful business decisions and helping adapt strategies to drive profitable growth in the region.
Requirements- Experience: Previous experience in FX trading, treasury management, or working with Fintechs is preferred.
- Technical Skills: Strong understanding of FX rates, currency risk management tools, and foreign exchange market dynamics.
- Knowledge: Familiarity with deliverable FX market regulations and compliance requirements (preferred), as well as knowledge of trading platforms.
- Analytical Skills: Strong ability to analyze and report market data to inform business decisions and optimize trading strategies.
- Collaboration: Proven experience working closely with internal teams (Sales, Treasury) and external clients to ensure accurate trade capture and risk management.
- Attention to Detail: Excellent attention to detail with a focus on accuracy in trade execution, booking, and reconciliation.
- Strong Communicator: Ability to communicate effectively with both internal stakeholders and clients, ensuring clear and timely information flow.
- Problem-Solver: Strong problem-solving skills, with the ability to resolve discrepancies and trade issues quickly and effectively.
- Results-Driven: A focus on achieving high trade margins, revenue growth, and operational efficiency, contributing to the overall profitability of the business.
- Adaptable: Ability to work in a fast-paced environment with evolving business needs, market conditions, and regulations.
Salary And Benefits- Competitive salary
- Remote work
- Training & Development
- Pais Time Off
How To ApplyTo apply for the ongoing FairMoney job recruitment, visit the job
APPLICATION PORTALto submit your application!
Recruitment Process- A screening call with a member of the recruitment team for 30 minutes.
- Technical interview with the hiring manager for 30 to 60 minutes.
Deadline: February 28, 2025
Job Info:
- Company: Jobgam
- Position: FX Trader Associate (Remote) at Fairmoney Microfinance Bank
- Work Location: Nigeria (Remote)
- Country: CH
How to Submit an Application:
After reading and understanding the criteria and minimum qualification requirements explained in the job information FX Trader Associate (Remote) at Fairmoney Microfinance Bank at the office Nigeria (Remote) above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.
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