Fixed Income / FX Trader - Fidelity Bank

Job Description

Responsible for the development, preparation, implementation and delivery of the Trading strategic plan, working in close liaison with the Director, Markets. 

• Identification of customer opportunities, in both FX and FI and growth of the bank’s market share through growth of a robust and active trading counterparty list. 
• Coordination of interbank trading relationships, corporate investors and issuers.
•   External communication on trading-related issues with the Bank of Ghana, Ghana Stock Exchange and others as authorized. 
• Identification of competitive threats and market opportunities, to feed into the Bank’s Trading strategy.
• Contribute to building and managing strategic partnerships with Financial Institutional clients as the bank seeks to grow its FI distribution business in Ghana 
• Work with Corporate, to drive the growth of the bank’s FI sales business via increased wallet share of existing relationships, customer base expansion/new client acquisition, and driving the onboarding of new clients in the relevant segment. 
• Manage relationships(internal/external) with Portfolio managers and other relevant officials of target clients in various FI sales client segments in a bid to meet client needs 
• Ensure that the bank’s policies and relevant credit limits are always adhered to 
• Act as the primary point of contact in ensuring the preparation and appropriate circulation of suitable market updates
• Closing new-to-market FI deals
• Develop and roll out new FI products and undertake market development activities

Financial Management 

• Fixed Income and FX Trading budget responsibility. 

Corporate Governance 

• AML and client appropriateness - To ensure the business meets its obligations on the prevention of money laundering under the Group Policy and Standards and local laws and regulations.
• A good relationship with regulators with the ability to contribute & where possible influence policy formulation. Keep abreast of all the changes in the global environment and give the regulators a good feel of our strategy & what we’re trying to achieve.
• To ensure adherence to proper conduct and professional behaviour and adherence to relevant market codes of conduct for traders. 

Risk Management

•   Implementation of Risk and control systems and processes (including compliance)
•   Implementation of Trading and revenue strategies within the confines of the approved Risk and management limits 
• Close Management of PV01 and NOP for maximum profitability