Forex Trader

Workforce Group  |  Lagos

Posted 22 Jul


Description

Our Client a new non Interest Bank setting up in Nigeria is looking to fill the role of a Forex Trader. The ideal candidate would be responsible for:

  • Provision of liquidity (purchase & sale) in traded foreign currencies to meet customers’ needs at the most competitive prices.
  • Management of CBN Wholesale Dutch auction System (Spot and Forward
  • FX)
  • Management of all foreign currency blotters to ensure proper FX reporting and reconciliation
  • Taking strategic positions within limits that will be profitable to the bank
  • Providing competitive Forward (Inter-bank & WDAS) as well as FX Swaps quotes.


Requirements

The Ideal Candidate must have the following requirements

  • A first degree in a numerate discipline
  • Relevant professional certifications
  • A master’s degree will be an advantage
  • Knowledge of Non-Interest Finance 
  • In-depth knowledge of currencies and related products
  • Excellent analytical skills and informed predictive abilities
  • Trading knowledge and ability to work with various trading platforms including Reuters and Bloomberg
  • Good understanding of the front-to-back operations
  • Knowledge of regulatory framework and requirements
  • Good risk management skills and a strong client service ethic

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