Bank Of Africa is hiring a Trader – FX & ALM/FI to execute transactions and strategies in the foreign exchange, money markets, asset liability management and fixed income trading with banks and other counterparties
Key Responsibilities
- Develop insights into the local, regional and global financial markets for informed trading and advisory to the bank on financial markets and economic developments
- Price foreign exchange, money markets and fixed income transactions with banks and other counterparties optimally, efficiently and profitably
- Build and maintain strong counterparty relationships to drive transaction volumes and be a go-to desk for financial markets transactions
- Undertake trading strategy innovation and product development
- Share insights and guidance to the Treasury sales team on market dynamics, pricing, strategy and market opportunities
- Ensure efficient and robust end-to-end execution of foreign exchange, money markets and fixed income trading activities, working in partnership with Operations and Risk to ensure seamless processing
- Review funding and placement requirements for optimal utilization of bank funds, while undertaking effective nostro management
- Keep abreast of the securities market developments, including key trends in primary auctions and secondary market trading
- Ensure compliance to all regulatory and internal trading, treasury, and balance sheet management ratios and limits
- Work with the Head of Treasury to prepare the monthly Assets and Liabilities Committee (ALCO) reports, and undertake a continuous and dynamic balance sheet management approach
- Engage institutional and individual investors for business development in fixed income, money markets, and foreign exchange transactions
Qualifications
- Education: Bachelor’s degree in a finance-related field. ACI Dealing Certificate required. A post-graduate qualification in a finance-related field will be an advantage.
- Experience: A minimum of 1 year Treasury experience
- Technical Skills: Understanding of treasury and financial markets environment and products; knowledge of the financial industry and the economic environment.
Soft Skills: Strategic thinker with problem-solving and decision-making capabilities; good communication, interpersonal and stakeholder management skills; ability to interact with other and execute in a fast-paced, dynamic environment
Application deadline: 20 October, 2025