Foreign Exchange Trader at Ecobank Ghana 2025

JOB PURPOSE

• Take adequate positions for Fixed Income and FX products within pre-defined trading limits.
• Assist the Head, Trading in the management of the FI/FX positions of the Bank 
• Implement trading strategy for profitable trading and positioning at acceptable risk levels
• Drive Trading activities towards attainment of financial targets.
• increase new products and initiatives in the marketplace with the objective of improving profitability.
• Assist in developing and marketing new Treasury/Financial Products of the Bank
• Position Ecobank as a market maker in available fixed income and FX products
• Monitor positions of the Treasury Sales Unit and cover the positions intraday and at the end of each trading day
• Determine Forward Forex Rates & SWAP points to assist in trading Forward Foreign Exchange Contracts/FX SWAP transactions
• Negotiate and execute Foreign Exchange transactions for the Bank 
• To continually monitor market information and react to its impact on trading activities 
• Ensure compliance with departmental policies/procedures
• Keep abreast with Bank of Ghana net open position requirements and adherence to them, and address all Bank of Ghana and Internal Audit issues
• Write reports on Treasury operations periodically
• Monitor market trends, economic indicators and geo-political developments 
• Provide inputs to the preparation of annual budget for the Treasury Department
• Any other duties that may from time to time be assigned by the Head,-Trading.

• Identify relevant trading opportunities on the market for execution.
• Price and quote available instruments and FX for profitable trading and to ensure that the bank is positioned as a market maker in these instruments.
• Closely follow MATs (Market Access Triggers) when hit and report to Head, Trading for prompt action plan.
• Ensure compliance with role holder trading limits.
• Provide input for the preparation of Trading unit budget
• Monitor business performance on an ongoing basis vis-å-vis budget and take proactive measures to achieve it.
• Ensure that necessary steps are taken to address regulatory and internal control guidelines.
• Identifying profitable commercial papers on the market for investment.
• Build models for valuing fixed income securities
• Adhere to Stop losses / gains as defined in the Price Risk Limits.
• Develop links with local pension fund managers, brokers and bank traders 

CHECK

• WACREN 2025 Onsite & Remote Internship Opportunity
• Full-Time Remote Administrative Assistant Needed

FINANCIAL MANAGEMENT

• Meet Trading Unit budget
• Assist in meeting the Treasury Sales budget

COMPLAINCE TO ECOBANK & OTHER LOCAL REGULATIONS

• To ensure complete adherence to all ECOBANK’s compliance and regulatory requirements.              
• To maintain high standards in terms of compliance and internal process ensuring complete adequacy to Audit requirements. 
• To maintain good relationship with regulators.
• To keep abreast of the changes in the business and regulatory environment. 
• To ensure adherence to proper conduct and professional behaviour.

PRIMARY RELATIONSHIPS

INTERNAL CONTACTS

• Head, Global Markets
• Head, Trading
• All Traders, Treasury Sales Officer and Liquidity managers
• Branches and businesses 

EXTERNAL CONTACTS

• Dealers of other Banks / Financial Institutions
• Local regulators
• Securities Industry Practitioners

• In depth knowledge of the FI and FX products.
• Should be fully conversant with all operational aspects of the Treasury department.
• Ability to work as a team player
• Good analytical and decision-making skills.
• Ability to take quick decisions, ability to be reactive.
• Ability to work quickly and accurately under pressure. 
• Mathematics and computer skills are required.
• Confident 
• Intuitive 

COMPLEXITY AND JUDGEMENT

• Should be able to react quickly to any opportunity and take immediate steps to convert it into deals.
• Should be able to advise the Head, Trading on an ongoing basis about market conditions and trends so that appropriate strategies are put in place.
• Freedom of decision making. Should be able to fully operate within trading and counterparty limits put in place.
• Should be able to adjust trading margins quoted with the objective of securing the overall business.
• Multi-cultural and diverse people environment.

How To Apply for the Ecobank Opportunity

 Kindly Click Here To Apply 

Deadline for Application is November 20, 2025