FX Sales Trader at Waza

Waza operates a B2B payments platform that enables businesses in emerging markets make global payments easily. We are a YCombinator-backed startup with $3m in seed funding and growing at about 30% month-on-month. We are dedicated to solving the inefficient payment systems and Foreign Exchange supply in emerging markets, which can be a significant barrier to business and economic growth. Waza is live in Nigeria and Ghana and are scaling into new markets in the next few months. We are a small team of highly motivated individuals comprising of former founders, 10x engineers, business and legal professionals, building towards making global B2B payments easy and accessible.

We are recruiting to fill the position below:

Job Title: FX Sales Trader

Location: Remote
Employment Type: Full-time

The Role

• As a FX Sales Trader, you will operate at the intersection of the financial markets and sales.
• You will play a pivotal role in our company's growth by forging and nurturing relationships with key clients as well as managing Waza's foreign exchange and payment negotiations, transaction processing with banking and liquidity partners and other payment/treasury-related operations.
• In your first few months of joining, your Sales, foreign exchange trading strategies, and treasury-related operations should generate a 2-3x in revenue margins and lead us to offering even a better priced product to our esteemed customers.

We are excited to know you if you can:

• Develop and maintain relationships with institutional and retail clients, as well as with other financial institutions, banks and liquidity partners
• Execute buy and sell orders in the various currencies we offer and in such a way as to maximize revenue-making opportunities for Waza.
• Understand client needs, managing their currency positions and providing customized FX solutions to them.
• Maintain accurate and up-to-date records of all trading activities and preparing daily, weekly, or monthly reports for both internal use and external client use
• Develop and implement foreign exchange trading strategies based on technical and fundamental analysis in order to optimize profitability
• Promote the company's trading services to prospective clients by preparing and delivering presentations, proposals, and sales materials and collaborating with marketing teams to develop and implement advertising or promotional campaigns.
• Continuously enhancing knowledge and skills by attending workshops, seminars, or training programs.
• Analyze market trends, economic indicators, and geopolitical events that might influence currency values and taking effective steps to stay ahead of the curve in order to optimize profitability and mitigate risks while offering information and advice on these trends and movements for internal and external use.
• Staying up-to-date with industry best practices, tools, and technologies
• Ensuring that all trading activities are in compliance with regulatory requirements. company policies, as well as local and international laws regarding financial trading.
• Working closely with compliance teams to ensure that all activities are conducted ethically.

Requirements
You might be an excellent fit if you have:

• Bachelor's or Master's Degree in Finance, Economics, Business, Mathematics or a related field.
• At least 2+ years of experience in FX, Sales, Treasury, Banking or related fields in a reputable bank or fintech company, with a strong focus on foreign exchange trading.
• In-depth knowledge of financial markets, foreign exchange, and investment products globally.
• You are an entrepreneurial-minded individual with a knack for solving problems and establishing processes.
• You have a proven track record of meeting and exceeding sales and revenue targets.
• Excellent communication, negotiation, and interpersonal skills.
• Demonstrated ability to establish and maintain relationships with financial institutions and partners.
• Willingness to work long hours, including early mornings, late evenings, or weekends if the market demands.
• Precision and accuracy in executing trades and managing portfolios
• The FX Sales Trader at Waza would have a fast-paced and varied day, focusing on relationship building, FX trading activities, market research, collaboration with internal teams, and staying on top of industry trends. Flexibility and adaptability would be key as priorities might shift, and unexpected opportunities or challenges might arise.

What your typical day looks like
An a FX Sales Trader at Waza, your day would primarily consist of:

• Trade executions, client interactions, inter-departmental collaborations, updating transaction records, reveiwing market movements and aligning trading strategies accordingly
• Attending client and partner meetings, sales prospecting, updating CRMs and liaising with compliance for necessary checks.
• Conducting market analysis, strategy adjustments, report preparation, and planning for the next trading day. Throughout your day, you will constantly monitor real-time information sources, manage risk, and offers ongoing support to clients.

What We Offer

• Competitive salary and commission structure
• Comprehensive health, dental, and vision insurance
• Flexible work schedules (Hybrid work arrangement)
• Opportunities for professional development and growth within a rapidly expanding company.
• Collaborative and innovative work environment.

Application Closing Date
Not Specified.