Foreign Exchange Trader at a Fin-tech and Digital Payment Company - PeopleOS HR Partners Consulting Limited

PeopleOS HR Partners Consulting Limited - Our client in the Fin-tech and Digital payment solutions industry is recruiting to fill the position below:

Job Title: Foreign Exchange Trader

Location: Ikeja, Lagos (Remote)
Employment Type: Full-time

Description 

• This is a remote position.
• Our client is seeking an experienced and results-driven Foreign Exchange Trader who will play a critical role in driving the company's foreign exchange operations by executing currency trades, managing liquidity, mitigating exchange rate risks, and ensuring competitive pricing for international transactions.
• The ideal candidate will have deep understanding of foreign exchange markets, ability to analyze market trends, anticipate currency fluctuations, make timely data-driven decisions, strong quantitative skills, and the ability to operate within a fast-paced, tech-driven environment.

Summary of Responsibilities
FX Trading & Execution:

• Execute spot, forward, swap, and options transactions in foreign exchange markets to meet the company’s strategic goals.
• Actively monitor FX market movements, analyze trends, and make informed decisions on trades in real time.
• Manage the company’s foreign currency exposure by optimizing positions and implementing hedging strategies to mitigate currency risk.
• Execute FX trades to support cross-border transactions, remittance services, and other international business operations.
• FX Trading and Execution, Risk Management, Market Analysis, Liquidity Management, Compliance and Reporting and Relationship Management.

Risk Management:

• Monitor and manage FX risk exposures by implementing effective hedging strategies.
• Continuously evaluate the effectiveness of existing risk management strategies and optimize positions to ensure minimized exposure.
• Maintain updated knowledge of geopolitical, macroeconomic, and currency market conditions to adjust trading strategies as necessary.
• Ensure all trades comply with internal risk limits and regulatory requirements.

Market Analysis:

• Conduct in-depth market research, technical analysis, and financial modeling to identify profitable trading opportunities.
• Analyze market trends, economic indicators, central bank policies, and global events that could impact currency markets.
• Develop and maintain economic models and forecasts to assist in decision-making processes.
• Provide regular reports on market conditions, trading activity, and the company’s currency exposure to senior management.

Liquidity Management:

• Optimize liquidity to support the company’s FX trading activities and cross-border operations.
• Manage relationships with liquidity providers, brokers, and banks to ensure access to competitive pricing and efficient execution.
• Coordinate with the Treasury team to ensure efficient use of company funds across multiple currencies.

Compliance & Reporting:

• Ensure that all FX trading activities are in full compliance with applicable regulatory standards, including anti-money laundering (AML) and Know Your Customer (KYC) requirements.
• Maintain accurate trade records, documentation, and reporting to meet internal and regulatory audit requirements.
• Report trading activities, profit and loss (P&L) performance, and risk exposure to senior management on a regular basis.

Relationship Management:

• Build and maintain strong relationships with banks, brokers, and liquidity providers to ensure optimal execution of trades.
• Collaborate with internal teams (e.g., Treasury, Compliance, Finance) to align FX trading strategies with the company’s overall financial objectives.

Compliance & Regulatory Knowledge:

• Thorough understanding of regulatory frameworks governing FX trading, including AML/KYC regulations, as well as reporting and compliance requirements.
• Experience in preparing reports for management and ensuring accurate record-keeping for audits

Performance Metrics:

• Profitability of FX trades and overall portfolio performance.
• Effectiveness of risk management strategies in mitigating FX exposure.
• Compliance with internal and external regulatory requirements.
• Accuracy and timeliness of market analysis and trade reporting

Requirements

• 5+ years of experience in FX trading or a similar role within a financial institution, treasury, or corporate environment.
• Bachelor's Degree in finance, Economics, Business, or a related field.
• Advanced degrees (MBA, CFA, or equivalent) preferred.
• Strong knowledge of FX trading platforms and tools (e.g., Bloomberg, Reuters, MetaTrader).
• Proven track record of successful FX trading, risk management, and market analysis.
• Proficient in technical and fundamental analysis of FX markets.
• Excellent communication and interpersonal skills to build relationships with internal stakeholders and external counterparts.
• Experience in trading various currency pairs, including major and emerging market currencies.
• Advanced understanding of financial instruments, such as forwards, swaps, options, and spot transactions.
• Knowledge of liquidity management and cash flow optimization in a multi-currency environment.
• Strong analytical and quantitative skills with the ability to make quick decisions based on market data.

Benefits

• Competitive salary and performance-based bonuses.
• Health and wellness benefits.
• Opportunities for professional development and continuous learning.
• Exposure to global financial markets and the chance to contribute to the company’s growth in a fast-paced industry.

Application Closing Date
4th June, 2025.