FX Trader at Moniepoint Incorporated

Moniepoint Incorporated is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

We are recruiting qualified candidates to fill the position below:

Job Title: FX Trader

Location: Lagos
Employment Type: Full time

What you’ll get to do

• Develop, document and implement the Trading Unit strategy based on fundamental and technical analysis in liaison with the VP, Treasury.
• Manage the Moniepoint’s FX position while monitoring statutory and internal limits.
• Carry out market survey and intelligence to establish market expectations on trends for key currency pairs.
• Trade in Foreign Exchange to achieve budget foreign exchange revenue.
• Meet customer needs on all currency transactions
• Manage all Foreign Exchange trading unit activities ensuring all procedures and policies are followed.
• Actively contribute to improvements in quality/efficiency of treasury products delivery processes.

To succeed in this role, we think you should have

• A Bachelor’s degree in any Business related field, mathematics.
• At least four (4) years of crossborder payments experience, with at least a minimum of 2 years in direct foreign exchange and money market trading and treasury operations
• Be a Certified Foreign Exchange and Money Market Dealer (ACI) and in possession of ACI dealing certification or its equivalent.
• Good knowledge of risk management and its application to financial markets.
• Thorough knowledge of the end-to-end processes of Treasury products and services.
• Experience in using FX trading platforms.
• Analytical skills and excellent flair for numbers.
• Good negotiation skills and an Excellent Team Player.
• Good understanding of micro and macroeconomics to interpret likely currency and interest rate trends both locally and on international markets.
• Knowledge of Local and international market events and their likely impact on currency and interest rates.

Application Closing Date
Not Specified.