FX Treasury Trader at MFS Africa

MFS Africa is the leading digital payments platform in Africa, enabling low-cost payments across the continent. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant payment services to African consumers and businesses. MFS Africa connects over 320 million mobile money users across Africa through its platform, which enables cross-border payment for mobile money networks, banks, money transfer operators, and large corporates.

As a fintech company, we strive towards elegance and simplicity in everything we do. Our mission is to make borders matter less, and our values are to simplify, care, and be revolutionary. We pride ourselves on world-class operations and a distributed team. Our offices include Abidjan, Accra, Johannesburg, Kampala, Lagos, London, Nairobi, and Port-Louis, and many employees work remotely from locations where we do not have offices. We are regulated by the FSC in Mauritius, BoG in Ghana, BoT in Tanzania, and FCA in the UK.

We are recruiting to fill the position below:

Job Title: FX Treasury Trader

Location: Lagos, Nigeria
Employment Type: Permanent
Department: Finance

The Role

• We are recruiting for an FX Treasury Trader to join the Group Treasury Team to focus on supporting our aspiration to build a world-class FX service alongside our real-time disbursements and collections effort in Africa. As a core member of the Treasury Team, the FX Treasury Trader will report to the Head of FX & Float Management and work closely with the finance and commercial teams and with the Group’s regional hubs.
• We seek candidates with a minimum of three years of experience within the Treasury at a leading Nigerian Bank. The successful candidate should possess exceptional communication skills, high EQ, strong organizational skills, and be comfortable working in a dynamic, fast-paced environment. 

Duties and Responsibilities

• Execute FX transactions to support (a) partners who wish to access African liquidity and (b) float continuity via our inhouse (360T) or counterparty platforms
• Build and manage relationships with Nigerian Banks
• Recording of all treasury movements in our TMS
• Stay abreast of market movements and set our Internal FX rates accordingly
• Ensure liquidity amongst our major nostros + wallets
• Settlement of FX and payments to our various pay-out partners In Africa.
• Maintain and develop strong relationships with our counterparties and banking network
• Maintain, develop, and enhance processes, procedures, and policies to ensure an effective treasury environment
• Manage projects across Treasury and ensure successful delivery

You will be a good fit if you are:

• A trusted confidant with strong emotional intelligence who can build relationships quickly and understand the perspective of others
• A great listener and strong communicator across diverse stakeholder groups
• Able to drill down into the detail, as well as pull back and see the bigger picture
• Ready to take on new types of work without prior experience or direct supervision
• Comfortable with ambiguity and can operate effectively in a fast-paced and changing environment

Requirements
The ideal candidate will have the following qualifications and experience:

• Degree educated
• Accounting / Treasury / CFA qualification
• Minimum three years of experience working In Front office at a leading Nigerian commercial bank or equivalent
• Significant experience In West Africa and Intrinsically understand market drivers and dynamics
• Strong understanding of the regulatory environment surrounding FX dealing & trading in Nigeria
• Comfortable with FX spot execution and risks, candidates with experience In liquidity management In USDNGN & XAFNGN are preferential
• Familiar with accounting and Treasury reporting
• Production of short to medium terms cashflows
• Intermediate Excel user (Python or VBA an advantage)

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online