Dealer, FX - Treasury at First Bank

Job Overview

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

Additional Details

Job ID
144301
Job Views
33

Job Description






Duties & Responsibilities




  • Expected to maintain continuous presence in the 2WQ market

  • Responsible for FX trading activities (market making and proprietary)

  • Responsible for meeting individual revenue targets & budgets 

  • Responsible for contributing to team revenue goals and targets

  • Responsible for ensuring compliance with prudential and statutory requirements

  • Nurtures and maintains relationships with relevant regulatory agencies and other key stakeholders

  • Maintain market discipline, ethics and guidelines

  • Gathers market data and information 

  • Proffers ideas on market development

  • Reads and understands market with a view to spot proprietory and risk taking revenue-making opportunities

  • Originates trade ideas and spots potential revenue opportunities

  • Builds and establishes individual market presence

  • Prepares relevant MIS reports to aid decsion making

  • Responsible for the update of product programs

  • Promotes increased customer trades

  • Manages the FX blotter and position 

  • Adheres to defined risk limits and trading strategy as defined by desk head

  • Daily reviews of nostro accountsfor inflows and liquidity management

  • Liaises with other internal customers – front, middle and back office

  • Complies with all Bank policies. 

  • Carries out other duties assigned by the Team lead from time to time

  • Comply with the principles and policies in the information security hand book



Requirements

Education:




  • Minimum Education:  First Degree or its equivalent in any discipline preferably business related.

  • Professional Qualification: CFA, LFA,ICAP an advantage



Experience:




  • Varies from 1– 10 years relevant Treasury experience



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