Jobs at Aza Finance (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.

Job Summary

• In this role, you will be responsible for executing & monitoring all treasury operations and customer transactions in our bank accounts and other partners platform. You will work closely with treasury team to ensure all transactions are well settled and proper record keeping.
• As the Assistant manager, you will manage Aza’s treasury operations team creating thought leadership and enhance efficiency in the department. Also, you will manage our partnership through direct and indirect relationships in day-today operations.
• You’ll work closely with various stakeholders within the company including Traders, Infrastructure, Account Management and Finance.

Responsibilities

• Approve customer payments in various portals (BP website, bank platforms, payment processors).
• Work with the traders and account management team to process closed deals.
• Monitor MTO transactions and ensure proper reconciliations and feedback for queries raised.
• Provide support to customer support by ensuring quick feedback on quires raised.
• Follow up on customer inquiries regarding payment issues.
• Ensure timely reconciliations of all the accounts across all our bank partnerships and support accounting team with any reconciliation research/work closely with the accounting department to resolve reconciliation issues.
• Manage reports preparations as per regulatory requests/ Provide transaction documentation to our bank partners.
• Ensure payments requests and treasury processes are executed according to policies & procedures.
• Identify treasury operations risks and propose and implement controls.
• Any other duty as assigned by the Line Manager.

Requirements

• 5 years of experience in Treasury operations
• Bachelor’s Degree
• Fluent in English. French and Spanish will be added advantage
• Solid MS Excel skills
• Good interpersonal and communication skills
• Detail oriented and analytical
• Basic understanding of accounting principals
• Ability to perform at a high level in a fast environment

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.