• Application Deadline:
• Position: FX Trade Associate


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Sales / Marketing / Retail / Business Development 
  

About the role

The FX Trader is responsible for managing the FX margins and rates for our B2B Cross - Border Payments Trades. Responsible for positive positions and high net trade margins

The ideal candidate must bring a sound understanding and previous experience with Fintechs, treasury management, FX rates, and currency risk management tools. 

Key Responsibilities

• Execute and match large block trades within the market


• Developing and contributing OTC sales strategies then guiding and driving the team on how to approach those strategies


• Familiarity with deliverable FX market regulations and compliance (preferred)


• Knowledge of the foreign exchange markets and trading platforms (preferred)


• Providing internal stakeholders with daily market/pricing information.


• Working closely with the Sales teams or clients and internal stakeholders to ensure accurate trade capture, manage risks and deliver excellent client servicing.


• Booking of trades and ensuring accuracy of positions.


• Ensuring all trades are booked correctly and liaising with the sales team or clients to address any discrepancies in a timely manner.


• Reconciling present value of trades between the sales team and treasury middle office at the end of each day and accounting for all daily outstanding and unprocessed trades.


• Ensuring compliance with and enhancing control processes around trade booking, verification and reconciliation.


• Focus efforts to generate scalable, repeatable and predictable volume, net revenue and gross profit.


• Reporting: Analyze and present data to key internal stakeholders in order to inform impactful business decisions and help adapt tactics that drive profitable growth within the region.

Requirements

• Strong understanding of treasury management, FX rates, and currency risk management tools.


• Track record of successfully scaling revenue and managing large-scale client relationships.


• Excellent analytical skills with the ability to interpret sales performance metrics.


• Strategic thinker with a focus on innovation and sustainable growth.


• Outstanding communication and interpersonal skills, with the ability to collaborate across functions and influence stakeholders.


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