Foreign Exchange Trader at Moniepoint Incorporated

Moniepoint Incorporated is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

We are recruiting to fill the position below:

Job Title: Foreign Exchange Trader

Location: Lagos, Nigeria
Job type: Full-time

Responsibilities
What you’ll get to do:

• Develop, document and implement the Trading Unit strategy  based on fundamental and technical analysis in liaison with the VP, Treasury.
• Manage all Foreign Exchange trading unit activities ensuring all procedures and policies are followed.
• Actively contribute to improvements in quality/efficiency of treasury products delivery processes.
• Manage the Moniepoint’s FX position while monitoring statutory and internal limits.
• Carry out market survey and intelligence to establish market expectations on trends for key currency pairs.
• Trade in Foreign Exchange to achieve budget foreign exchange revenue.
• Meet customer needs on all currency transactions

Requirements
To succeed in this role, we think you should have:

• A Bachelor's Degree in any Business related field, mathematics. 
• At least five to ten (5 -10) years of crossborder payments experience, with at least a minimum of 5 years in direct foreign exchange and money market trading and treasury operations
• Analytical skills and excellent flair for numbers.
• Good negotiation skills and an Excellent Team Player.
• Good understanding of micro and macroeconomics to interpret likely currency and interest rate trends both locally and on international markets.
• Knowledge of Local and international market events and their likely impact on currency and interest rates.
• Be a Certified Foreign Exchange and Money Market Dealer (ACI) and in possession of ACI dealing certification or its equivalent.
• Good knowledge of risk management and its application to financial markets.
• Thorough knowledge of the end-to-end processes of Treasury products and services.
• Experience in using FX trading platforms.

What We Can Offer You

• Culture - We put our people first and prioritize the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.
• Learning - We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.
• Compensation - You’ll receive an attractive salary, pension, health insurance, annual bonus, plus other benefits.

How to Apply
Interested and qualified candidates should:
Click here to apply

What to expect in the hiring process

• A preliminary phone call with the recruiter
• A  functional interview with a Business Leader
• An executive interview with the VP, Treasury

Note: Moniepoint is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates