PRINCIPAL, FX TRADER

About Company:

Standard Chartered Bank - We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East.

We are recruiting to fill the position below:

Job Description:

• Our Markets Traders identify, analyse and execute opportunities in the market, supporting the needs of our clients in a professional and fully compliant way.  
• Our Markets business aims to become the leading emerging markets fixed income, financing, and securities service franchise, and a leader in sustainable finance, advisory, trading and asset servicing. 
• The business will achieve this by expanding product capabilities, building on footprint market strength, developing our talent and using technology to transform our ways of working.
• We’re looking for highly capable individuals to join us and maintain the highest levels of integrity and professionalism, in line with our valued behaviours.

Job Description

• We are seeking a highly logical and commercially astute Foreign Exchange (FX) Trader to manage and execute the West Africa Foreign Exchange (FX) trading strategy.
• This role is pivotal in enhancing profitability, supporting client pricing needs, and capturing market opportunities through both intra-day and overnight volatility trading.
• The successful candidate will actively collaborate across internal and external networks to drive market engagement, deliver strategic growth, and ensure strict adherence to risk and compliance frameworks.

Responsibilities
Strategic Trading & Revenue Growth:

• Execute trades on the Bank’s proprietary account, informed by robust market, economic, and technical analysis.
  Drive Foreign Exchange (FX) revenue growth by identifying and executing profitable trading strategies.
• Ensure competitive and timely client pricing in collaboration with the Corporate and Retail Desks

Market Engagement & Client Support:

• Act as a key support to Corporate Treasury by enhancing client turnover through insightful pricing, feedback, and market positioning.
• Maintain strong relationships with internal stakeholders, regional sales teams, and global dealing centres to leverage market intelligence

Risk, Governance & Compliance:

• Monitor market risk, counterparty limits, and regulatory changes, ensuring alignment with internal controls and external expectations.
• Oversee Foreign Exchange (FX) position monitoring and reconciliation throughout the trading day and at close of business.
• Promote a strong risk culture by embedding the Group’s values and Code of Conduct in daily activities

Operational Excellence:

• Utilize advanced trading platforms and Information Technology (IT) systems for optimal execution and reporting of trades.
• Ensure trade profitability and performance metrics are consistently tracked and reported.
• Contribute to team knowledge sharing and process improvements

Leadership & Conduct:

• Uphold a culture of integrity, ethics, and high professional standards in the Financial Markets team.
• Support colleagues and emerging traders by sharing best practices and market insights.

Requirements:

• Candidates should possess a Bachelor’s Degree in a relevant discipline.
• Association of Corporate and Financial Professionals Dealing Certification (ACI certification) (mandatory).
• Minimum of 5 years’ experience in Treasury or Foreign Exchange (FX) trading within a reputable financial institution.

Qualifications and Skills:

Technical Competencie:

• In-depth knowledge of Foreign Exchange (FX) markets and financial instruments.
• Proficiency in interpreting economic trends and applying technical trading strategies.
• Strong understanding of regulatory frameworks governing financial markets.

Interpersonal & Business Skills:

• Excellent communication, negotiation, and client relationship management skills.
• Strong decision-making capabilities with high attention to detail and risk awareness.
• Demonstrated ability to work across multicultural and cross-functional teams

Additional Skills:

• Problem-solving mindset with a drive for innovation.
• High proficiency in trade systems and reporting tools.
• Comfortable working in fast-paced, high-pressure environments.

Competencies:

• Action Oriented
• Collaborates
• Customer Focus
• Gives Clarity & Guidance
• Manages Ambiguity
• Develops Talent
• Drives Vision & Purpose
• Nimble Learning
• Decision Quality
• Courage
• Instills Trust
• Strategic Mindset

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY