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  • Posted: Mar 11, 2023
    Deadline: Mar 31, 2023
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Obsidian Achernar helps eliminate boundaries by tailoring currency services for both importers and exporters including hedging. Obsidian Achernar has expertise in brokerage and market making for Government Bonds across Africa.
    Read more about this company


    Corporate Trader

    Department: Corporate FX

    Direct Reporting Line: Head Trader, Corporate FX

    Job Purpose:

    You are to ensure market liquidity as well as respond rapidly to its clients' needs. In addition to that, you are responsible for sourcing and executing FI and FX trades on behalf of corporate clients.

    Furthermore, you are expected to provide clients with Fl and FX management and advisory services such as hedging, forwards and currency swaps as well as sourcing and managing existing client investments while accessing competitive pricing and executing trades in an efficient and timely manner.

    Duties and Responsibilities

    • Trading currencies with corporate institutions and banks.
    • Handling settlements of transactions.
    • Collating relevant information and data about currency buyside and sellside of corporate clients.
    • Liaising closely with sales staff and inter-bank brokers for trade execution.
    • Sourcing new leads, making contact, onboarding them and building profitable ongoing relationships.
    • Reviewing client orders to ensure accuracy, proper record keeping and conformance to regulations.
    • Keeping abreast with market trends and sentiment to keep both clients and prospects well informed.
    • Maintain marketplace/trade knowledge and originate deals or leads.
    • Meeting and exceeding KPIs as set by your Line Manager.
    • Actively taking an interest in learning about new products and approaches to selling them.
    • Attend trade shows and regular client meetings.
    • Understanding the compliance and on-boarding process in detail.
    • Attending and actively participating in team and company meetings.
    • Perform miscellaneous job-related duties as assigned.

    Knowledge, Skills and Abilities Required

    • Ability to organize, prioritize and schedule work assignments.
    • Ability to be adept in negotiating business deals and making sound decisions that benefit the company.
    • Highly developed verbal and written communication skills and the ability to present effectively to small and large groups.
    • Ability to communicate very well over telephone.
    • High Confidence and fast thinker.
    • An aptitude for numbers and IT skills.
    • Must have an interest in financial markets.
    • Ability to demonstrate excellent management and analytical skills.
    • Ability to foster effective working relationships within a team.
    • Exceptional interpersonal skills and the ability to interact effectively with individuals, High Net-worth Clients, Corporate organizations in a wide range of roles.
    • Highly self-motivated individual.

    Method of Application

    Interested and qualified candidates should forward their CV to: using the position as subject of email.

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