Job Description
Senior FX Dealer (1).
Job Purpose: The role is responsible for winning and growing USD-provider relationships and converting their flows, bring in profitable FX deals especially cross-currency that drive FX income in a USD-tight market with capped spreads. Success through tight coordination with Corporate, SME teams to originate, structure, and close deals.
Main Responsibilities:
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Work with Corporate & SME Relationship Managers to map and prioritize true USD providers (exporters, NGOs, multilaterals, embassies, tourism/mining).
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Train RMs on spotting cross-currency use-cases and pricing angles that increase FX income under USD margin caps.
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Price and execute spot (and simple forwards where policy allows) within delegated limits and BNR directives.
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Prioritize cross-currency (EUR/RWF, GBP/RWF, KES/USD, UGX/USD, etc.) to enhance FX income mix.
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To build key Bank relationships by meeting with targeted FX customers.
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Maintain close relationships with other Banks to support business in this area.
Daily Responsibilities:
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To be responsible for FX products across spot, forward and outright.
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To be directly responsible for the assigned budget.
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Maximize Profit and Minimize risk within acceptability through Market Making, Positioning and Trading within approved limits and policies and procedures.
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Provide prices to retail clients, upon request, and meet with customers when requested.
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Maintain deal record and P&L daily.
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Keep up to date with interest rate movements and currency fluctuations internationally through studying country economic indicators, etc.
Educational qualifications and work experience:
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University Degree preferably in Accounting, Business administration, any other related field
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Professional Certification – ACI Certificate
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3 or more years of progressive experience in Treasury Management in a commercial banking environment, and a Sales Background