FX Trader at Klasha

Klasha makes it easy for African consumers to shop online. We build technology that allows African consumers to easily access the goods they want on the continent. We enable payments online in local African currencies and can handle the last-mile logistics for our retail partners too. Statistically, Africa is the future, so we believe consumers on the continent should have the same frictionless access to the global e-commerce economy as consumers in the West.

Klasha was founded in Lagos, Nigeria in 2018 and is backed by Techstars, Ginco Investments and a group of notable angel investors. Klasha is run by 20-somethings from five nationalities that speak six different languages between them. Klasha has offices in Johannesburg, South Africa and Lagos, Nigeria.

We are recruiting to fill the position below:

Job Title: FX Trader

Location: Remote

About the Role

• Klasha is in search of a FX Trader with particular expertise in Treasury, who will hone and craft Klasha’s Treasury strategy and be responsible for leading the creation and implementation of a robust treasury operations function.  

Responsibilities

• Cash management: Ensure Klasha has adequate cash resources to meet its daily operating requirements and take advantage of investment opportunities.
• Investment management: Invest Klasha's excess cash in short-term, low-risk financial instruments to maximize returns while preserving capital.
• Foreign exchange management: Monitor foreign exchange rates and manage Klasha's exposure to currency fluctuations through hedging strategies
• Risk management: Assess and manage risks associated with Klasha's treasury operations, including credit, market, and liquidity risks.
• Treasury planning and analysis: Develop and maintain treasury models to support Klasha's strategic decision-making and ensure the company's financial stability.
• Treasury reporting: Prepare and distribute regular reports to stakeholders, including management, investors, and regulators.
• Regulatory compliance: Ensure that Klasha's treasury operations comply with local and international laws and regulations, including anti-money laundering (AML), and know your customer (KYC) requirements.
• Treasury operations: Oversee day-to-day treasury operations, including bank reconciliations, wire transfers, and cash deposits
• OTC Partnerships: source, manage and maintain a roster of OTC/Liqudity partners .
• Capital management: Assess and manage Klasha's capital needs, including raising capital through debt or equity offerings and managing the company's capital structure.

Key Competencies

• Tenacious and persistent
• Comfortable working in an entrepreneurial, dynamic, fast-paced environment.
• Good interpersonal skills, especially in contract negotiations.
• Excellent attention to detail.
• Strategic thinking and vision with the ability to execute.
• Ability to multitask and prioritize.
• Ability to get work done quickly without sweating the small stuff.
• Business savvy and customer-service-oriented approach to facilitate the achievement of business objectives.
• Leadership skills.
• Excellent written and verbal communication skills.
• Impeccable judgment and ability to make sound business decisions.

Benefits
Our Klashans are the heart of the business, so we prioritize welfare and offer a wide range of competitive benefits including but not limited to:

• All the latest technology you need to do your role.
• Employee stock option scheme.
• Private health insurance.
• Mental health wellness benefits.
• Budget for French language classes.
• Hybrid; remote + office hours and flexible working conditions.
• Work-from-anywhere weeks; work from anywhere for three weeks in a year.
• Paid birthday day off.
• Team building events.
• Paid parental leave.
• Learning and development budget.

Application Closing Date
Not Specified.