Supervise generation of foreign exchange trading income through trading in foreign currencies on behalf of the Bank within the risk management framework and strategy of the bank.
Responsibilities
Set Competitive foreign exchange rates based on market variables and update them immediately in case of any substantial changes
Circulate foreign exchange rates to all branches in a timely manner and are complied with
Market making in trading by initiating contact with customers and counter party Banks
To ensure a substantial turn over to generate dealing revenues so as to achieve the set targets
Trading within counter party, dealer and exposure limits
Maintains the requisite Bank balances on the nostro accounts for settlements
Contact customers with a view to understand their forex needs, propose and implement solutions to these diverse needs.
Financial
Responsibility
Accountable for the growth of Treasury dealing customers and,
Off balance sheet dealing income
Person Specification
Education, Training, Skills & Experience
Education & Training
A bachelor’s degree in a business-related course
ACI certification is a MUST, ACI Diploma or equivalent is an added advantage.
Skills & Experience
Good foreign currency trading skills
A clear understanding of financial markets
Good relationship management
A good knowledge of Treasury and general Bank products
A good understanding of all Treasury products and management Business Behaviors
Good negotiation and Communication skills
Excellent analytical skills
Relationship management skills
A high level of integrity
Proficiency in computer knowledge
Excellent numeric skills
Set Competitive foreign exchange rates based on market variables and update them immediately in case of any substantial changes Circulate foreign exchange rates to all branches in a timely manner and are complied with Market making in trading by initiating contact with customers and counter party Banks To ensure a substantial turn over to generate dealing revenues so as to achieve the set targets Trading within counter party, dealer and exposure limits Maintains the requisite Bank balances on the nostro accounts for settlements Contact customers with a view to understand their forex needs, propose and implement solutions to these diverse needs. Financial Responsibility Accountable for the growth of Treasury dealing customers and, Off balance sheet dealing income
A bachelor’s degree in a business-related course ACI certification is a MUST, ACI Diploma or equivalent is an added advantage.
