SeniorFull TimeEN
Responsibilities:
The successful candidate will be responsible for the following:
Transact foreign exchange and fixed income trades on the bank’s own account in the knowledge of customer-based transaction flows and in anticipation of future changes in the market, making use of associated products
where relevant to the trading product
Provide a product trading service to markets customer segment sales staff to meet customer needs at
competitive prices
Contribute to building the bank’s reputation in the local and international market through personally always
demonstrating a high level of professionalism, developing mutually beneficial working relationships with
counterparties, internal stakeholders, clients, regulators etc.
Manage the transaction-based risks generated in trading, by working within the established parameters
and rules appropriate to the trading product (trading limits, hedging, mark-to-market, delegated authority,
etc)
Adopt a sales approach if and where appropriate, for all counterparties where their relationship to RMB is
essentially that of a customer.
To relieve other dealers as necessary to ensure the smooth functioning of the dealing room
Share relevant market, customer and counterparty intelligence with internal stakeholders to ensure the
bank derives maximum benefit from its networking potential
Interact with the support staff in order to ensure all deals are successfully executed and settled
Ensure you remain alert to the risk of money laundering and assist in the Bank’s effort in combating it by
adhering to the key principles in relation to identifying your customer, knowing your customer, reporting
suspicions, safeguarding records and not disclosing suspicions to customers.
Build an in-depth knowledge of the client by staying abreast of changes within the client’s business which
will create new opportunities to transact
Keep abreast of market developments and proactively keep clients up to date on current market conditions
Seek out cross-sell opportunities within the bank’s customer base
Entertain clients on a regular basis through RMB events as well as informal entertaining
Manage relationships with other price makers
Maintain the highest degree of professionalism and dealing with ethics
Qualifications and experience:
Minimum of a 2nd class degree in a relevant course
At least 7 years of trading experience with a thorough knowledge of and experience in foreign exchange in
Nigeria, fixed income markets, and structuring would be an advantage.
General skills :
Good interpersonal and communication skills
Must be proactive and a team player with the ability to guide junior members of the team.
Knowledge of the Central Bank of Nigeria’s exchange control regulations and Debt Management Office’s
guidelines
Strong strategy and leadership skills
Candidates will be expected to build productive relationships both internally and externally and therefore
need to be able to communicate prices and strategies clearly and articulate market views and translate
them into trades.
Ability to cope under pressure with strict adherence to established risk guidelines.
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Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
03/04/26All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
