Current Opportunities

Foreign Treasury & Financial Institution Manager

Location: Durban
Salary: R40 000 - R45 000 CTC
Job Description:
To oversee and manage the foreign exchange operations and financial dealings with other institutions on an international level. This role involves strategizing and executing plans to optimize foreign currency trading, managing risks associated with foreign exchange fluctuations, maintaining client relationships, and ensuring compliance with regulatory requirements.
Main functions of the job:
  • Quote FX spot rates to retail, SME, and corporate clients
  • FEC quotes, maturity management, swap transactions, facility management
  • Oversee capturing of spot contracts and ensure FEC confirmations are sent out timeously
  • Cash FX - risk management through hedging and covering strategy
  • Market guidance - understand the impact of data releases and market events and convey them to clients in order for them to make more informed decisions
  • Client consultations - accompany bankers on client visits to consult with clients on potential for growth in service utilisation and relationship management
  • Manage external banking relationships
  • Monitor Nostro account utilisation and ensure minimum required transaction values and volumes are met to avoid incurring monthly charges.
  • Inter franchise collaboration - coordinate meetings, target setting, and progress management with related AB Group banks. Develop and guide strategy implementation for trade growth
  • Reporting - monthly reporting to exco via GM Central Ops, Risk Comm, Board reports
  • Training - provide training to staff on forex products and services
  • Participate in projects that involve/have any elements linked to FX liquidity or transactions
  • To drive and manage enhancements in the FX product portfolio
Qualifications
  • BComm or equivalent degree will be required in order to meet the requirements of the role.
Preferred Experience
  • 2-5 years banking experience
  • 2 years dealing room experience
Knowledge
  • MS office suite of products
  • Rates booking system experience
  • Understanding of Economic conditions and its related impacts
  • Exchange control knowledge is an advantage
Application instructions:
PEOPLE WITH A DISABILITY ARE ENCOURAGED TO APPLY
Please send your updated MS Word CV, Matric certificate, and verification of disability to support@bradshawleroux.co.za

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