Education: Bachelor’s Degree
Job Function: Trading
Schedule: Full-time
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 16063372
Description
PRIMARY PURPOSE
• To develop and manage a foreign exchange trading book restricted to G10 and regional currencies (EA and South Africa currencies).
• To trade domestic money markets and repos and other fixed income products as assigned.
• Manage FX exposures within approved market risk and counterparty limits.
• To provide high quality customer execution and service for all treasury products
• To generate FX trading and Risk Treasury Revenues and manage balance sheet where required.
PRINCIPAL ACCOUNTABILITIES:
• Executing money markets and FX products sales – Balance sheet funding, Spot, Swaps and Forwards
• Actively support product and customer development
• Actively contributing to improvements in quality/efficiency of MM and FX products delivery process
• Managing the bank’s liquidity within S2 limits, and interest rate risk within approved S2/MAT / DV01 limits
• Managing Central Bank’s reserves and balances efficiently, with NIL penalties.
• Maintaining minimum idle balances, zero overdrafts in all FCY accounts through placements/borrowing/ swaps and MM deals
SPECIALISED SKILLS/EXPERIENCE:
Describe the educational requirements, special skills or work experience required to perform this position.
Education:
Minimum Bachelors degree preferably in economics, accounting, engineering, computer science or mathematics.
Experience:
Minimum 1 to 2 years direct FX and Money Market dealing experience
Special Skills
Leadership
• Team Player
• Creativity
• Initiative and flexibility
• Management/Supervisory
• Strategic planning
• Integration
Management or Execution skills
• Quick thinker, who can translate rapid decisions into immediate action
• Set day to day trading policy
• Analysis and preparation of deals
• Analytical thinking and ability to prioritize.
• Ability to handle pressure
• Attention to detail
• Assisting in new product development
• Creativity, Initiative and flexibility
• Ability to prioritize
Technical and Professional Competence
• Strong numerical and good computing skills
• Thorough knowledge of end-to-end processes for FX and Money Market products
• Basic dealing knowledge in one or more foreign currency
• Basic Knowledge in Spot and forward foreign currency trading
• Fully Conversant with local Money Market conditions
• Good knowledge of Country/Regional macroeconomics and financial markets
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity:
Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer
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