Head, Trading Global Markets Job at Stanbic Bank Tanzania

Job Description:

The incumbent will be part of the leadership team within Global Markets, responsible for trading foreign currencies, money markets, and fixed income. As a head trader, you will be responsible for managing currency exposure and executing trades to optimize financial performance as well as executing trades across fixed income securities, managing portfolio risk, and optimizing investment strategies.

Responsibilities:

• Execute spot, forward, and derivative FX trades to hedge corporate currency risks.
• Develop and implement trading strategies based on technical/fundamental analysis.
• Execute trades in government bonds, corporate bonds, and other fixed income instruments.
• Monitor and mitigate FX exposure using stop-loss orders, diversification, and scenario analysis.
• Ensure compliance with internal risk limits and regulatory requirements.
• Develop and implement trading strategies to maximize returns while managing risk exposure.
• Track macroeconomic indicators, geopolitical events, and central bank policies impacting currency markets.
• Monitor market trends, liquidity conditions, and macroeconomic factors affecting fixed income markets.
• Generate reports for senior management on market trends and hedging performance.
• Work with finance, accounting, and business units to align FX and FI strategies with operational needs.
• Liaise with external brokers, liquidity providers, banking partners, and market participants.
• Collaborate with portfolio managers, research analysts, and sales teams to align trading activities with investment objectives.
• Strong relationships across the industry and particular engagement with industry regulators, including but not limited to BOT, CMSA, and MOF.
• Market development through thought leadership along with increasing breadth of Stanbic Bank’s product capabilities/risk management solutions.
• Utilize trading platforms (e.g., Bloomberg, Refinitiv) and internal systems for trade booking.
• Adhere to company policies and global FX regulations.

Requirements:

• Strong knowledge of fixed income markets, trading platforms, and execution techniques.
• Proficiency in Bloomberg, Refinitiv, or other trading/analytical tools.
• Excellent quantitative, analytical, and decision-making skills.
• Ability to work under pressure and adapt to changing market conditions.
• Strong communication and interpersonal skills.
• Adopting Practical Approaches
• Articulating Information
• Checking Things
• Developing Expertise
• Embracing Change
• Examining Information
• Interpreting Data
• Managing Tasks
• Producing Output
• Showing Composure
• Taking Action
• Upholding Standards
• Derivatives Dealing
• Hedging
• Market Analysis
• Structuring
• Technology Savvy
• Trade Execution
• Trade opportunity creation

Application Process:

To submit your application, please follow the link provided above.

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