Senior FX Trader Job at Absa Bank Limited

• Executing trading strategies in line with the overall Markets strategy, the Absa Africa trading strategy, and the trading mandate.
• Anticipating market developments and identifying trade opportunities with risk-adjusted superior returns.
• Ensuring that the daily transactions and trading activities conform to the set business unit goals and objectives.
• Working closely with the Africa trading desk and Africa Sales to support the rollout of Risk Management Products (RMP’s).
•  Keeping up to date with market intelligence and market movements and regularly updating the treasurer, the sales team, and the broader treasury team.
• Generating a daily flash P&L by the cut-off time as advised by Absa Africa Trading.
• Establishing excellent working relationships with bank counterparties and the regulator (as is appropriate.
• Participation in the annual planning and review of trading STP, RAF and MTP budgets.
• Researching, identifying, and proposing training solutions to senior management for one’s own and for the team’s development.
• Giving input on dealer mandates for further review by the Head of Trading prior to submission to Head of Markets and Risk.

Qualifications:

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required).
• 5-10 Years of banking experience.
• Management experience.
• Trading experience.
• In-depth trading knowledge/experience of local market Rates and FX products.

How to Apply

Interested and suitable applicants should CLICK HERE to apply.

Application Deadline: 20th December 2021.