Junior OTC Trader at TeamAce Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
6 days ago

Additional Details

Job ID
142031
Job Views
29

Job Description






Job Summary




  • As the Junior OTC Trader, you will be responsible for supporting foreign exchange trading activities within the over-the-counter (OTC) market. You will assist with trade execution, market monitoring, reporting, and compliance, while ensuring accurate documentation, timely settlements, and adherence to regulatory guidelines.



Responsibilities




  • Assist in executing OTC FX trades, monitoring real-time market rates, and recording trade details accurately

  • Track daily currency positions, prepare trade blotters, rate sheets, and support end-of-day reconciliations

  • Gather and analyze FX market data, preparing daily and weekly market intelligence reports

  • Support compliance with CBN, IMTO, KYC, and AML requirements while maintaining proper trade documentation

  • Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field

  • Minimum of 2–5 years’ experience in FX trading within a bank, IMTO, or financial institution

  • Strong understanding of the Nigerian FX market, regulatory guidelines, and OTC trading dynamics

  • Excellent numerical, analytical, communication skills with high attention to detail and integrity



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