Senior FX Trader Job at Absa Bank Limited

Senior FX Trader Job at Absa Bank Limited… See details on how to apply for the opportunities available at Absa Bank Limited.

Description:

Absa Bank Limited (Absa) is a wholly-owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Responsibilities:

  • 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.

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