Dealer – Foreign Exchange at Gulf African Bank

Job Purpose

• Execution of the bank’s foreign exchange business strategy by entering into foreign exchange dealings with designated clients and collaborating with the business teams to grow foreign exchange income.

Key Responsibilities

• Initiate designated clients calls for a first-hand understanding of their foreign exchange requirement patterns and plans.
• Execute foreign exchange deals with designated clients, as mandated by the bank.
• Ensure prompt generation and release of deal tickets to the respective stakeholders.
• Track foreign exchange transactions volumes and income to evaluate and monitor foreign exchange business performance progress.
• Coordinate visits to designated clients and circulate the call-visits reports for action by relevant stakeholders.
• Monitor and assess real-time both deal specific and cumulative foreign exchange exposure build up to ensure strict compliance with the internal and regulatory guidelines.
• Prepare and circulate foreign exchange rates for use by the bank branch staff while
• ensuring strict compliance with the bank’s mark-up policy.
• Ensure all known transactions are posted onto the blotter for ease of reconciliation with iMAL.
• Ensure strict adherence to the Kenya FX Code and all other relevant internal policy  guidelines.
• Customers for this position
• Designated external clients
• Business team
• Branch Staff

Qualifications, Skills and Experience

• Graduate in a business-related field.
• ACI – the Financial Market Association Certificate
• Dealership in Foreign Exchange
• Knowledge of the Kenya Foreign Exchange Code

Competencies

• Customer Relationship Management
• Treasury Sales Skills
• Verbal and Written Communication Skills