FX DEALER – Bridge Bank Group CI

Reporting to the Head of FX Department, the incumbent’s mission is to implement the bank’s commercial strategy for the promotion and sale of foreign exchange products in order to contribute to the profitability of the bank’s activities.

As such, he/she will have to carry out the following main activities and tasks:

Main Activities / Tasks :

• Actively participate in increasing transaction volume and profitability of foreign exchange operations;
• Take charge of a hybrid portfolio (importers, exporters, NGOs, prospects) of potential foreign exchange customers and provide them with a personalized service in terms of products, pricing and advice;
• Build a Target Market and enrich a deal pipe with opportunities;
• Expand customer base for FX products;
• Seek out foreign exchange providers (NGOs, exporters, etc.) in coordination with the Corporate Banking Department, and play an active role in prospecting;
• Ensure the profitability of sales of treasury products through appropriate pricing and customer follow-up in order to build customer loyalty;
• Develop a customer retention and development plan;
• Monitor competition in the foreign exchange business;
• Identify and put the bank in contact with foreign correspondent banks and brokers;
• Liaise with identified foreign correspondent banks;
• Obtain foreign currency financing lines with foreign correspondents;
• Ensure the supply of foreign currency at competitive rates from foreign correspondents and brokers;
• Provide correspondents with, and collect from them on behalf of the bank, the information required to check that transactions comply with local and international regulatory standards (AML, KYC, etc.);
• Manage and monitor correspondent bank accounts (Nostros);
• Guarantee coverage of foreign currency purchases and sales;
• Guarantee coverage of transfer files with the Central Bank;
• Ensure KYC of correspondent banks and customers dedicated to compliance;
• Follow standards in terms of compliance of internal processes;
• Maintain good relations with supervisory authorities (FINEX, BCEAO);
• Monitor foreign exchange risk management (limit monitoring).

Profile:

• BAC +4/5; Business school, Finance, Banking;
• 04 to 05 years’ experience in treasury, including at least 3 years in FX.

Knowledge and skills required:

• Good knowledge of financial markets and foreign exchange derivatives;
• Knowledge of foreign exchange regulations;
• Mastery of IT tools, including treasury software;
• Risk management ;
• Cash management;
• Knowledge of International Financial Reporting Standards (IFRS);
• Knowledge of financial trading rooms;
• Financial analysis ;
• English ;
• Experience on a trading floor would be an asset;
• Good interpersonal skills;
• Ability to analyze and summarize;
• Organizational skills;
• Teamwork;
• Self-control;
• Written and oral communication skills;
• Creativity;
• Open-mindedness;

We welcome applications at the following address: reponse-recrutement@bridgebankgroup.com.

Deadline for receipt: Tuesday July 25th , 2023

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