Senior Associate, FX

Job Information

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    Category Banking & Finance Jobs
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    Posted On Apr 2 ,2024
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    Qualifications Bachelor's Degree
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    Employer Name Outsource Global Technologies Limited
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    Contact Email chinaaza.dimejesi@outsourceglobal.com

Job Description

Job description

As a Senior Associate, in FX Trading, your primary responsibility will be to build and develop a trading strategy for all major FLW currencies in Africa & Europe. Additionally, deal structuring would be involved to service our concierge merchants, as well as pricing for our products (i.e. remittance and others).

Responsibilities include but are not limited to:

  • Support the development of a strategy for building and scaling a trading desk for EM for G10 currencies, closely managing liquidity across major positions.
  • Support the development and implement a hedging strategy across major markets.
  • Support the Structuring of treasury deals for large merchants across the globe.
  • Support the establishment of pricing rules for remittance products and new products as required.
  • Support the development of a risk management policy to cover FX and liquidity risks.
  • Produce newsletters and think pieces for merchants.
  • Establish strong working partnerships externally with key banking partners, LPs & internal stakeholders.
  • Ensure standard daily and periodic reporting and maintain process documentation for all relevant reports including funding and certain liquidity metrics.
  • Support new bank onboarding & FX trading activities as needed.
  • Produce financial analysis and market trends reports on FX and liquidity exposures.
  • Maintains knowledge of financial markets and regulatory updates
  • Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards. related to and required by one’s duties.
  • Continuous evaluation of current processes vis-à-vis best industry practices
  • The role also involves continuous and effective engagement of relevant stakeholders in achieving operational efficiency and revenue growth.

Required competency and skillset to be a waiver.

  • Experience & understanding of international payments, banking systems, Crypto, and Defi workflow platforms.
  • Good understanding of the EM and G10 FX trading operations and local regulations.
  • Proficiency in Excel, SQL, and relevant tools
  • Experience or familiarity with all or some of Emerging Markets, FX, and remittances a plus.
  • Excellent Financial analytical, strategic planning, and execution skills
  • High-Level attention to details
  • Ability to manage multiple priorities and meet set deadlines.
  • Excellent interpersonal, presentation skills and communication skills.
  • Work goal-oriented based on minimum supervision.
  • High sense of responsibility, accountability, integrity, and ethical standards
  • Authorization to work in the country without sponsorship.

You’ll love this job if you:

  • Have an intellectual curiosity about payments and technology.
  • Have a high aptitude to quickly understand customer use cases and requirements.
  • Have the ability to drive cross-functional teams from ideation to solution.
  • Have the ability to manage proactive and reactive tasks effectively.
  • Are self-driven, self-starter, extremely passionate, and goal-getter.
  • Are passionate about process improvements.
  • Are comfortable managing relationships within every aspect of the organization from senior executives to engineers
  • Embrace the challenge of managing multiple activities simultaneously.
  • Are comfortable working in ambiguity and the constant change of life at a startup experiencing hyper-growth