CURRENCY TRADER AT UBA

JOB SUMMARY

JOB TITLE:    Currency Trader   |
JOB LOCATION:   Nigeria  |
JOB TYPE:  Full Time  |
COMPANY/MINISTRY:     United Bank for Africa Plc (UBA)   |
JOB QUALIFICATION:   Not Specified  |




ABOUT THE COMPANY
  United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.




JOB RESPONSIBILITIES

1. Monitor global currency markets for price movements.
2. Monitor and analyse developments in the external environment and their implications on third currencies to facilitate trading decisions.
3. Evaluate technical analysis (charts) to identify trading opportunities.
4. Ensure compliance with approved trade size and daily acceptable loss limits.
5. Seal and cover trades at competitive prices for African subsidiaries, local banks and internal customers (Treasury Sales).
6. Reconcile trades booked with platform blotter to ensure accuracy of information captured.
7. Build and Maintain Relationships
8. Build trust relationship with African subsidiaries, local banks and internal customers (Treasury Sales).
9. Generate Daily Settlement for back-office (Treasury Ops FCY) by end of day for settlement
10. Daily generation of trade blotter for submission to Market Risk/Internal Control/ Finance.

REQUIREMENTS FOR THIS JOB
Preferred Competencies:

1. Prepare EOM blotter and income statement for signoff by the Group Treasurer, Internal Control and Performance Management.
2. Conduct market intelligence into third currencies activities and provide market commentary and views for the Treasury newsletter .
3. Manage relationships in accordance with policies, procedures and legal requirements.
4. Review Master Agreements with foreign and local banks for adequacy of content.
5. Liaise with other market participants; and implement market development initiatives.

Report Generation:

1. Generate reports for relevant stakeholders
2. Generate Daily Settlement for Liquidity Management by end of day for funding

HOW TO APPLY
Interested candidates, click on the 'Apply Here' link below to apply online.

APPLY HERE