Overview
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;
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.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.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. 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. 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 ApproachesArticulating InformationChecking ThingsDeveloping ExpertiseEmbracing ChangeExamining InformationInterpreting DataManaging TasksProducing OutputShowing ComposureTaking ActionUpholding Standards
Technical Competencies:
Derivatives DealingHedgingMarket AnalysisStructuringTechnology SavvyTrade ExecutionTrade opportunity creation
