Trading Associate at BitPesa

Job Summary

• AZA is seeking a highly talented and motivated Trading Associate who is looking to take a position in a fast-paced company. The Trading Associate is responsible for currency trading, operations, pricing and settlement of trades. This is an exciting opportunity to help Africa’s leading digital currency startup build a brand in East and West Africa. Move with AZA, Move with Africa.
• This is an exciting opportunity to help take Africa’s leading digital FX company to the next level.

Responsibilities
Pricing:

• Make a market in several currency pairs.
• Pricing of retail clients in several currency pairs.
• Monitor competitor pricing.
• Work with sales team to maximize price effectiveness vs. profitability.
• Ensuring all trades are booked in the website and enhancing smooth settlement with the counter-parties.
• Sending rates to clients and updating rates and margin on the website.
• Booking all treasury trades and ensuring that they are recorded in the respective reports.
• Reconciling the treasury front office and the operations margin, volumes and COS report.

Liquidity Management:

• Assist in managing float across dozens of accounts in 10 currencies.
• Project cashflows and provide analysis of cash movements.
• Managing relationships with trading counterparties.
• Carefully monitor capital controls, intercompany flows, and any other factors that inhibit ability to move funds freely.

Analysis/ Forecasting:

• Help report margin on a daily basis.
• Analyze the direction of customer flows.
• Monitor the bank rates and black-market rates.
• Full life cycle trade responsibilities, build pre-trade analysis, execution, funds allocation and settlement across multiple strategies, brokers and banks.

Risk Management:

• Quantify risks of multiple African currency balances.
• Make recommendations to improve trading procedure (reduce risk, increase efficiency, maximize profitability).
• Provide recommendation for automation, risk mitigation, or any other policies and procedures.

Requirements

• University Degree
• Deep experience in trading and treasury, ideally Foreign Exchange, Minimum 2years
• Ambitious and passionate professional
• Persistent and goal-oriented with a mindset to get the job done
• Highly detail oriented and analytical
• Excellent interpersonal, communications (written and oral), presentation, and listening skills
• Quantitative individual with a love for numbers and data analysis
• Creative problem solver with the ability to work independently with minimal guidance

Benefits

• Competitive salary.
• Global / regional network / exposure in FinTech / Blockchain industry.
• One of the hottest, fastest scaling startups in Africa.
• Casual work environment.
• Great work-life balance.
• We value autonomy.
• Opportunity for growth for all our employees.