Currency Trader at United Bank for Africa (UBA)

Currency Trader at United Bank for Africa (UBA)

Job Features

Job FieldBanking
Job TypeFull-Time
EducationBA/BSc/HND
LocationOther

Responsibilities

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

Preferred Competencies

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

Report Generation

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

Method of Application

Interested and qualified? Go to United Bank for Africa (UBA) on www.ubagroup.com to apply

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