Reporting to the Head of Trading, this position is responsible for formulating and driving FX Trading of regional/group member currencies in line with the regional treasury model. This position will work closely with KCB group subsidiaries traders to grow volumes and income. The position requires a multifaced approach to trading FX spot, swaps, and forwards within the regional markets.
Key Responsibilities
- Support the development and execution of strategies for all E.A FX trading activity in line with overall treasury business strategy.
- Proactively manage proprietary trading activities in UGX, TZS, BIF, RWF, CDF, SSP currencies, structured products, Swaps, Forwards among other treasury products.
- Retain and grow existing offshore, local, and regional counterparts for growth in traded volumes in EA currencies.
- Support subsidiaries by providing support to cover their FX needs through proactive collaborations.
- Thorough understanding of local and global market regulations applicable to foreign exchange across the EA markets.
- Support cross- selling initiatives through optimal pricing and appropriate spreads, give ideas on existing and new products to existing and new clients to support growth in FX business.
- Develop and maintain strategic partnerships with internal and external stakeholders and maintain good liaison with regulators on market development issues.
- Provide insights and ideas to regional FX trading initiatives and work with the wider group trading team to ensure set targets are achieved.
- Update internal teams and clients on industry, global and local macro-economic happenings, regulatory changes to ensure that opportunities are optimised in the EA market.
- Ensure compliance with Bank’s policies, procedures, and all regulatory requirements
The Person
For the above position, the successful applicant should have the following:
- Bachelor’s degree in business, finance economics, or any other field.
- At least 5 years’ experience in FX business and FX Trading
- At least 3 years’ experience in Treasury Sales or Fixed Income, Financial Analysis & Performance Management and People Management.
- At least 7 years’ experience in Product Development.
- At least 5 years’ experience in Digital Marketing, Market Research and Analytics and Marketing Agency Management.
The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.
To be considered your application must be received by Friday 9th August 2024
Qualified candidates with disability are encouraged to apply.
Only short-listed candidates will be contacted.
Uploaded: 2024-07-30 00:00:00Â Â