Job Title Here Experience Director
Job ID:
000000123SC
Location:
London, UK
Area of interest:
Investment Banking
Job type:
Permanent - Full Time
Work style:
Hybrid Working
Opening date:
27-Sept-2022 Closing Date: 12-Oct-2022
Title: Principal, FX Trader
Lagos, NG
Job Summary
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.
About Corporate & Investment Banking (CIB)
For more than 170 years we’ve support clients with their transaction banking, financial markets, corporate finance and borrowing needs and provide solutions to nearly 20,000 clients in the world’s fastest-growing economies and most active trade corrido
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.
Key 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
- 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
- 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
- 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.
Skills and Experience
Must-Have Qualifications
- 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.
- 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.
- 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
- 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
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
