FX Trader FXLM Treasury Division

Grade/Level: VP (up to), and Reporting to Head of Trading

Location: Johannesburg

Job Purpose:

  • Responsible for ZAR market making to the local SA client franchise and management of the related market risks
  • Trade in the local and international FX markets with the objective of building consistent FX trading revenues with in approved limits
  • Pricing and management of changing liquidity conditions
  • Manage FX exposures within approved Market risk and counterparty limits.
  • To provide high quality customer execution and service for all FX transaction
  • Trade ideas origination.
  • Ensure that all the transactions are executed and booked within regulations and Citi policy
  • Build links into the local and London FX sales teams and clients
  • Build links into the London Hub FX team

Job Background/context:

Trading desk in FXLM

Knowledge/Experience:

  • 5 years + work experience in a similar bank environment.
  • Solid and profitable track record in a similar environment
  • Existing client relationships in SA .(Offshore clients a distinct advantage)

Skills:

  • Strong analytical understanding of the FX, Fixed Income and Money Markets globally and in SA
  • Ability to adapt to market changes
  • Strong economic and finance background
  • Strong technical analysis background
  • Ability to take risk
  • disciplined
  • Strong team player and ability to integrate
  • Ability to discuss markets events with clients
  • Valuation and modelling of Fixed Income and FX products an advantage

Qualifications:

  • Economics ,Business ,Financial or other analytical/quantitative fields e.g. mathematics, engineering, sciences degree

Competencies:

  • Results oriented
  • Sound Business judgment
  • Integrity
  • Ability to consistently work in a highly pressurized team
  • Flexibility
  • Customer Focus
  • Performance and execution driven
  • Team Player
  • Respect and Balance
  • Accountability and ownership
  • Respect for Compliance & Controls
  • Commitment to Succeed and learning

Responsibilities:

  • Market making to the local FX sales team
  • Daily commentary to the trading and sales desk.
  • Idea origination
  • Join client and internal chat rooms (within policy guidelines)
  • Daily position and p&l reconciliation
  • Join client meetings
  • Participation in the weekly markets calls
  • Participation in weekly traders meeting


Company