Foreign Treasury & Financial Institution Manager

Bradshaw LeRoux Consulting

Durban, KwaZulu-Natal
Permanent
Full-time

24 days ago

Location: DurbanSalary: R40 000 R45 000 CTCJob 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 APPLYPlease send your updated MS Word CV, Matric certificate, and verification of disability to support@bradshawleroux.co.za

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