Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
The incumbent will be part of the leadership team within Global Markets, responsible for trading foreign currencies, money markets and fixed income. As a Head trading, you will be responsible for managing currency exposure and executing trades to optimize financial performance as well as executing trades across fixed income securities, managing portfolio risk, and optimizing investment strategies. This role requires a deep understanding of global, regional and local FX markets, risk management, and strategic hedging to support our multinational operations as well as a deep understanding of bond markets, strong analytical skills, and the ability to thrive in a fast-paced environment.
The ideal candidate requires to have competency and experience in;
1.Trade Execution & Strategy:
- Execute spot, forward, and derivative FX trades to hedge corporate currency risks.
- Develop and implement trading strategies based on technical/fundamental analysis .
- Execute trades in government bonds, corporate bonds, and other fixed income instruments.
2.Risk Management:
- Monitor and mitigate FX exposure using stop-loss orders, diversification, and scenario analysis.
- Ensure compliance with internal risk limits and regulatory requirements.
- Develop and implement trading strategies to maximize returns while managing risk exposure.
3.Market Analysis:
- Track macroeconomic indicators, geopolitical events, and central bank policies impacting currency markets.
- Monitor market trends, liquidity conditions, and macroeconomic factors affecting fixed income markets.
- Generate reports for senior management on market trends and hedging performance.
4.Stakeholder Collaboration:
- Work with finance, accounting, and business units to align FX and FI strategies with operational needs.
- Liaise with external brokers, liquidity providers, and banking partners and market participants.
- Collaborate with portfolio managers, research analysts, and sales teams to align trading activities with investment objectives.
- Strong relationships across the industry and particular engaging with industry regulators including but not limited to BOT, CMSA, and MOF.
- Market development through thought leadership along with increasing breadth of Stanbic Banks product capabilities/risk management solutions.
5. Technology & Compliance:
- Utilize trading platforms (e.g., Bloomberg, Refinitiv) and internal systems for trade booking.
- Adhere to company policies and global FX regulations.
Qualifications
Qualifications & Experience
- Bachelor’s or Master’s degree in finance, Economics, or a related field.
- Minimum of 5 years of experience in FX and fixed income trading.
- Strong knowledge of fixed income markets, trading platforms, and execution techniques.
- Proficiency in Bloomberg, Refinitiv or other trading/analytical tools.
- Excellent quantitative, analytical, and decision-making skills.
- Ability to work under pressure and adapt to changing market conditions.
- Strong communication and interpersonal skills.
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Articulating Information
- Checking Things
- Developing Expertise
- Embracing Change
- Examining Information
- Interpreting Data
- Managing Tasks
- Producing Output
- Showing Composure
- Taking Action
- Upholding Standards
Technical Competencies:
- Derivatives Dealing
- Hedging
- Market Analysis
- Structuring
- Technology Savvy
- Trade Execution
- Trade opportunity creation
Top Skills
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
