FX Dealer (Re Announce)
Job Summary
An FX Dealer is responsible for executing foreign exchange transactions on behalf of clients or the financial institution, managing currency risk, and maintaining liquidity in various currency markets. They analyze market trends, monitor exchange rates, and execute buy/sell orders to optimize profitability and manage exposure. FX Dealers work closely with traders, sales teams, and risk managers to ensure compliance with regulatory standards and internal policies. Strong analytical skills, quick decision-making, and a deep understanding of global financial markets are essential for success in this role.
Duties & Responsibilities
· Monitor the Bank’s Net Open Position on a daily basis.
· Ensure active and sound engagement in the FX market.
· Prepare a weekly plan for submission and review by the CFO/Treasury Manager.
· Conduct fundamental and technical analysis of the FX market.
· Monitor the local FX market and take necessary actions in line with the Delegation of Power.
· Engage in active trading of well-known currency pairs such as EUR/USD and GBP/USD.
· Actively participate in the DAB Currency Auction.
· Attend to any other matters as advised by the Treasury Manager.
Job Requirements
Educational Qualifications:
· Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
· Professional certifications such as ACI (The Financial Markets Association) or CFA are highly desirable.
Experience Required:
· Minimum of 1-2 years of experience in foreign exchange dealing or treasury operations.
· Strong familiarity with forex markets, trading platforms, and related financial instruments.
Competencies Required:
· Expertise in FX trading, including spot, forward, and swap transactions.
· Proficiency in using trading platforms such as Bloomberg, Reuters, or other FX systems.
· Strong analytical skills for interpreting market trends and managing risks.
· Solid understanding of FX regulations, compliance, and market standards.
· Ability to manage liquidity and optimize FX positions to achieve profitability.
· Effective communication skills to liaise with counterparties and internal teams.
· Strong attention to detail and precision in executing trades.
· Advanced problem-solving skills to handle discrepancies and manage market risks.
Personal Attributes:
· Adheres to ethical trading practices and ensures compliance with regulatory guidelines.
· Takes responsibility for trading decisions and their impact on the bank’s FX portfolio.
· Monitors market developments to identify and act on profitable opportunities.
· Thrives in a fast-paced environment with rapidly changing market conditions.
Leadership Capabilities:
· Works effectively with the treasury team and other stakeholders to ensure smooth operations.
· Aligns trading activities with the bank’s risk and profitability objectives.
· Quickly addresses and resolves trading or settlement discrepancies.
· Clearly conveys market insights and trade rationales to management and counterparties.
Submission Guideline
Applicants who meet the above requirements are invited to submit their updated Curriculum Vitae (CV) or Resume to recruitment-officer@ghazanfarbank.com. Please ensure that you include the position title and vacancy announcement number in the email subject line (FX Dealer GB/EAD/27). Applications that do not follow this format will not be considered.
Note: Shortlisted candidates will be contacted for further recruitment processes
Duties & Responsibilities
1.Seek opportunities for the branch business development within the related area.
2. Make important policy, planning, and strategy decisions.
3.Responsible for heading up the expansion in new markets as well as continued expansion among existing clients.
4. Building relationship with existing clients in an attempt to increase their current spend.
5. Driving peak performance and sales success across the branch area.
6. Ensuring all administration for sales is completed effectively.
7. Achieving approved business targets related to branch for the financial year.
8. Reporting from progress of sales in an ongoing process.
9. Visiting of new customer on daily basis.
10. Attending to the events, conferences with the prior approval of line manager.
11. Build a strong networking with the businessmen in the area.
12. Maintaining and retaining the existing customers of the branch.
13. Identifying sales opportunities in the market.
14. Acting as a key contact for large customer accounts.
15. Providing daily, weekly, monthly, quarterly and yearly report to the line manager.
16. Making the brand image of GB in the related branch area.
17. Monitoring customer’s transaction closely for purpose of customer retention.
18. Seeking customers need and satisfactions from GB services.
19. Growing banks number of accounts.
20. Marketing branch within the community to attract business.
21. Managing and oversees all banking policies, procedures and process.
22. Any other responsibility which will be assign by line manager.
23. Must manage the internal controls of the Branch properly and in line with the policies and procedures of the Bank.
24. To ensure that all the Bank Operational and other related Manuals and circulars are strictly followed.
25. To ensure that all the directives with regards to Anti Money Laundering are strictly observed and reporting about suspicious and large transactions is made to the respective department timely and accurately.
26. To ensure that Key Registers for the Vault and Safe Keys are properly maintained and updated.
27. Must ensure that the Branch always remain complied to all the rules, regulations, instructions and guidelines provided by the management through CEO, COO or Compliance Department. Must also ensure that all the required statements/returns from the Branch are submitted to the concerned departments accurately and within the given time frame.
