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Senior Associate, FX Trading

Company:
Outsource Global Technology Limited
Location:
Lagos Island, Lagos, Nigeria
Posted:
April 23, 2024
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Description:

Our Organization was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) to make and receive payments in a convenient borderless manner.

The Role:

As a Senior Associate, 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:

4+ years post-graduate experience in finance/trading

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 a 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.

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