ph3bEmpowering Africa’s tomorrow, together…one story at a time. /b /h3 pWith over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. /p pMy Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa.You are possibility. /p pbJob Summary /b /p pThe Head of FX Trading is responsible for leading the Foreign Exchange Trading Activities business, delivering sustainable revenue growth whilst maintaining strong risk and controlling environment. The role is accountable for managing the FX trading Book, market risk, liquidity, pricing, execution, regulatory, compliance and developing trading strategies aligned with the bank's overall Global Markets strategy. The incumbent is expected to support client franchise growth, mentor traders, and contribute to the overall leadership of Global Markets. /p pbJob Description /b /p pbKey Accountabilities /b /p ul liDeliver annual FX trading revenue and profitability targets; /li liLead and grow ASBA Mauritius domestic and regional FX franchise by enhancing market share and price competitiveness. /li liManage the FX trading portfolio within the bank's approved Risk appetite, ensure optimal utilization of market risk limits whilst preserving capital /li liIdentify and execute profitable trading opportunities across G 10 and African FX Markets to maximise sustainable risk adjusted returns; /li liDevelop new revenue opportunities through product innovation,
pricing capabilities andsupport in growing the client franchise; /li liDevelop tactical and strategic trading views and identify opportunities arising from global market developments; /li liFormulate market positioning based on macro economic analysis; /li liLead daily market strategy discussions and continuously review trading performance and trade effectiveness; /li liLead and develop the FX Trading team and foster collaboration across Sales, Structuring, Treasury, PCG and Risk; /li liPartner with Sales and CIB Coverage team andsupport large and complex client transactions; /li liProvide market colour and strategic insights to key clients; /li liEnsure adherence to all internal policies and regulatory requirements; /li liMaintain robust first line risk ownership; /li liShare actionable market insights with senior management and assess market liquidity conditions; /li liChampion a culture of integrity, prudent risk taking, accountability and high performance across the FX trading Function. /li /ul pbKey Skills Competencies /b /p ul liThe successful candidate should demonstrate leadership, commercial acumen and strategic thinking with a proven track record of delivering sustainable trading revenue and risk adjusted returns. /li liThe individual should have strong leadership capabilities, sound judgement, excellent stakeholder management skills and ability to build and lead a high performing trading team while maintaining highest standard of governance, conduct and risk management. /li /ul pbQualifications /b /p ul liBachelor Degree in Finance , Economics, Mathematics or related field /li liMaster degree, MBA or CFAprofessional qualification would be an advantage /li liACI dealing Certificate preferred /li /ul pbPreferred Experience /b /p ul liMinimum of 10 years in Global Markets with a minimum of 5 years on the FX trading desk. /li liProven experience in market making and market risk management. /li liStrong experience trading G10 and domestic FX market. /li liProven track record of delivering sustainable trading revenue while maintaining a robust risk and control environment. /li liStrong understanding of macroeconomic trends, monetary policy and their impact on the Global Markets. /li /ul pbEducation /b /p pBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required) /p /p #J-18808-Ljbffr
📌 Head of FX Trading (Veneto)
🏢 absa
📍 Veneto