Job
Description
Description
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To trade in the Foreign Exchange markets for a designated product range, (Spot and Forward foreign exchange) pricing transactions and managing short-term positions, in order to maximize trading profits at acceptable risk.
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Provide a product trading service to GM customer segment sales staff, to meet customer needs at competitive prices.Ø
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Contribute to building the bank’s reputation in the local andØ international foreign exchange market through personally demonstrating a high level of professionalism at all times, and through developing mutually beneficial working relationships with agents, advisors, counter-parties etc.
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Transact foreign exchange trades on the banks own account, in theØ knowledge of customer-based transaction flows, and in anticipation of future changes in the market, making use of associated products where relevant to the trading product.
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Manage the transaction-based risks generated in trading, by workingØ within the established parameters and rules appropriate to the trading product (trading limits, stop loss, hedging, mark-to- market etc.)
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Dealing with branches or branch related foreign exchange deals and monitors the dealing position.Ø
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Adopt a ‘sales’ approach if and where appropriate, in the case ofØ smaller counter-parties, where their relationship to SCB is essentially that of a customer.
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To relieve other Dealers as necessary to ensure smooth functioning of the Dealing Room.Ø Share relevant market, customer and counter-party intelligence withØ colleagues in the SCB network in order that the group derives maximum benefit from its networking potential. Obtain maximum business benefit from using the Information TechnologyØ systems available for effecting and recording transactions. Interact with the back office staff in order to acquire the knowledge needed for job performance.Ø Remain alert to the risk of money laundering and assist in the Bank’sØ efforts in combating it by adhering to the key principles in relation to:’ identifying your customer, knowing your customer, reporting suspicions, safeguarding records and not disclosing suspicions to customers.
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Sound knowledge of Economics is required in order to be able to interpret data and make appropriate trading decisions.Ø Should be computer literate.Ø Good mathematical and analytical skills with ability to make speedy and accurate decisions under pressure.Ø Good interpersonal and communication skills, must be a team player.Ø Knowledge of group and local exchange control regulations.Ø
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The job involves managing risks associated with Foreign Exchange position taking.Ø Should be able to identify profitable avenues while trading in the foreign exchange markets.Ø Should posses the ability to analyse market information and takeØ prompt and appropriate action in order to optimise on profit opportunities. Ability to work quick and accurately under pressure is essential.Ø Should have the ability to resolve external issues expeditiously.Ø |
How
to Apply
to Apply
Submit
your CV and Application online : Click Here
your CV and Application online : Click Here
