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