FairMoney Nigeria

FairMoney Nigeria is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: FX Trade Associate

Location: Lagos (Remote)
Employment Type: Full-time

Job Summary

  • The FX Trader is responsible for managing the FX margins and rates for our B2B Cross – Border Payments Trades. Responsible for positive positions and high net trade margins
  • The ideal candidate must bring a sound understanding and previous experience with Fintechs, treasury management, FX rates, and currency risk management tools.

Key Responsibilities

  • Execute and match large block trades within the market
  • Developing and contributing OTC sales strategies then guiding and driving the team on how to approach those strategies
  • Familiarity with deliverable FX market regulations and compliance (preferred)
  • Knowledge of the foreign exchange markets and trading platforms (preferred)
  • Providing internal stakeholders with daily market/pricing information.
  • Working closely with the Sales teams or clients and internal stakeholders to ensure accurate trade capture, manage risks and deliver excellent client servicing.
  • Booking of trades and ensuring accuracy of positions.
  • Ensuring all trades are booked correctly and liaising with the sales team or clients to address any discrepancies in a timely manner.
  • Reconciling present value of trades between the sales team and treasury middle office at the end of each day and accounting for all daily outstanding and unprocessed trades.
  • Ensuring compliance with and enhancing control processes around trade booking, verification and reconciliation.
  • Focus efforts to generate scalable, repeatable and predictable volume, net revenue and gross profit.
  • Reporting: Analyze and present data to key internal stakeholders in order to inform impactful business decisions and help adapt tactics that drive profitable growth within the region.

Requirements

  • Bachelor’s Degree in Business Administration, Finance, Economics, or a related field.
  • Strong understanding of treasury management, FX rates, and currency risk management tools.
  • Track record of successfully scaling revenue and managing large-scale client relationships.
  • Excellent analytical skills with the ability to interpret sales performance metrics.
  • Strategic thinker with a focus on innovation and sustainable growth.
  • Outstanding communication and interpersonal skills, with the ability to collaborate across functions and influence stakeholders.

Benefits

  • Private Health Insurance
  • Pension Plan
  • Training & Development
  • Hybrid work
  • Paid Time Off

Application Closing Date
Not Specified.

To apply for this job please visit jobs.workable.com.

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