Recruitment, apply for Citibank recruitment 2025 below.
Gatekeepers News reports that Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York and later became the First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex.
Citibank is recruiting to fill the following position;
FX Dealer
Specifications:
- Full Time
- Required Qualifications: BA/BSC/HND
- Location: Lagos| Nigeria.
Description:
The FX Dealer is an active market maker in the inter-bank FX market on behalf of the Bank and its customers with the primary objective of enhancing revenues accruing to the Bank from trading and market making whilst adhering to all Citi and regulatory limits
The FX Dealer will focus on daily market making and accurate position taking considering micro and macro-economic issues, interest rates and inflation while looking to expand customer business in conjunction with the Sales Team while using market information to ensure the set revenue target is met. Responsibilities also include ensuring that all regulatory requirements as a Market maker in FX are met and providing support for both internal audits and regulatory examinations
Responsibilities
- Primary responsibility for risk taking on spot FX, forward, and swap transactions across major currency pairs with particular focus on USDNGN, XAF, XOF and CDF
- Maintaining the trading blotter and managing positions
- Actively make markets to our clients by showing prices and axes as required
- Timely provision of relevant market information, trends and policy changes with colleagues and clients
- Timely response to client and sales team enquiries all through the trading day
- Daily position management and seeking for opportunities in the interbank market
- Collaborate efficiently with other trading and sales desks within Citi, to win and execute FX transactions for our clients.
- Support any mark to market trading initiative that may arise from time to time.
Qualifications and Requirements:
- Prior work experience in Treasury and/or knowledge of the FX market
- Minimum of 8 years post-qualification experience
- Must be proficient in the usage of Bloomberg and other trading platforms.
- Should have a strong understanding of market trends, economic indicators and regulatory/policy environment.
Education:
- A BSc/ BA degree.
- An MBA will be an added advantage.
- Added advantage for candidates possessing a relevant professional qualification e.g. CFA (Certified)
Deadline: Not Specified
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