FX Treasury Trader at MFS Africa

The Role

• We are recruiting for an FX Treasury Trader to join the Group Treasury Team to focus on supporting our aspiration to build a world-class FX service alongside our real-time disbursements and collections effort in Africa. As a core member of the Treasury Team, the FX Treasury Trader will report to the Head of FX & Float Management and work closely with the finance and commercial teams and with the Group’s regional hubs.
• We seek candidates with a minimum of three years of experience within the Treasury at a leading Nigerian Bank. The successful candidate should possess exceptional communication skills, high EQ, strong organizational skills, and be comfortable working in a dynamic, fast-paced environment. 

This role is based in Lagos, Nigeria but involves periodic travel to other parts of the organization.

You will be a good fit if you are:

• A trusted confidant with strong emotional intelligence who can build relationships quickly and understand the perspective of others
• A great listener and strong communicator across diverse stakeholder groups
• Able to drill down into the detail, as well as pull back and see the bigger picture
• Ready to take on new types of work without prior experience or direct supervision
• Comfortable with ambiguity and can operate effectively in a fast-paced and changing environment

Duties and Responsibilities: 

• Execute FX transactions to support (a) partners who wish to access African liquidity and (b) float continuity via our inhouse (360T) or counterparty platforms
• Build and manage relationships with Nigerian Banks
• Recording of all treasury movements in our TMS
• Stay abreast of market movements and set our Internal FX rates accordingly
• Ensure liquidity amongst our major nostros + wallets
• Settlement of FX and payments to our various pay-out partners In Africa.
• Maintain and develop strong relationships with our counterparties and banking network
• Maintain, develop, and enhance processes, procedures, and policies to ensure an effective treasury environment
• Manage projects across Treasury and ensure successful delivery

The ideal candidate will have the following qualifications and experience: 

• Minimum three years of experience working In Front office at a leading Nigerian commercial bank or equivalent
• Significant experience In West Africa and Intrinsically understand market drivers and dynamics
• Strong understanding of the regulatory environment surrounding FX dealing & trading in Nigeria
• Comfortable with FX spot execution and risks, candidates with experience In liquidity management In USDNGN & XAFNGN are preferential
• Familiar with accounting and Treasury reporting
• Production of short to medium terms cashflows
• Intermediate Excel user (Python or VBA an advantage)
• Degree educated
• Accounting / Treasury / CFA qualification