Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Dec 10, 2018
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, 2016 - and all KCB's regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It als...
    Read more about this company

     

    Foreign Exchange Trader

    Reporting to the Head of Trading, the Foreign Exchange Trader will trade in the Inter-Bank Trading in SPOT, SWAP and forward FOREX instruments in order to generate income from FX Trading.

    Responsibilities

    • Drive foreign currency trading in major currencies- proprietary trading.
    • Drive Market making in USDKES and other currencies where applicable.
    • Provide competitive quotes to the FX sales team and cover client flows.
    • Counter party Limit exposure management.
    • Ensure Technical analysis for profitable position taking.
    • Build and maintain productive and strategic relations with counter parties, regulators customers, Sales, ALM, Traders and stakeholders to drive the development and delivery of business solutions and revenue growth for the portfolio.
    • Interpretation of market fundamentals for proper positioning of the spot, swaps and forward books.
    • Gather market intelligence and offer advisory to the other desks on global and regional markets.
    • Ensure accurate bookings and trade confirmations.
    • Positions and profit reconciliations in liaison with market risk, finance and back office departments.
    • Liaise with other subsidiaries on maximization of group trading income
    • Ensure compliance to the Bank’s policies, procedures, limits and regulatory requirements.

    Requirements

    • Bachelor’s Degree in any Business related field from an Institution recognised by Commission of Higher Education
    • Certified Foreign Exchange and Money Market Dealer (ACI).
    • Master’s Degree in Business related field will be an added advantage.
    • A Bachelor’s degree preferably in a business related field or Mathematics.
    • Possession of ACI dealing certification
    • At least Five (5) years’ experience in busy Dealing room and must have:
      • Experience in client quoting, market making and managing Spot, Swaps.
      • Experience in using FX trading platforms.
    • Thorough understanding of local and global market regulations applicable to foreign exchange.
    • Good understanding of various limits that apply to FX Trading and knowledge of risk management and its application to financial markets.
    • Thorough Knowledge of the end-to-end processes of Treasury products and services
    • Should have excellent high quality interpersonal, communication and negotiation skills with the ability to network and strong business relations.
    • Should be innovative in identifying develop and harnessing new and existing opportunities for hedging/trading to maximize business revenue.
    • Analytical skills and excellent flair for numbers.

    Method of Application

    Interested and qualified? Go to KCB Bank Kenya on ke.kcbgroup.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at KCB Bank Kenya Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail