Head of Trading at Co-operative Bank of Kenya

Banking jobs, Finance jobs, Accounting jobs,

Head of Trading

The role

The successful jobholder will be expected to:

  • Develop, document, and implement Treasury trading strategies based on fundamental and technical analysis, in collaboration with the Treasurer.
  • Conduct market surveys and gather intelligence to anticipate trends in key currency pairs.
  • Execute Foreign Exchange trades to achieve budgeted revenue targets.
  • Oversee Inter-Bank Foreign Exchange trading unit activities, ensuring adherence to procedures and policies.
  • Manage the bank’s currency positions to meet revenue goals within established limits.
  • Support training programs for junior dealers within the unit.
  • Manage transfer pricing between the sales and trading desks.
  • Contribute actively to enhancing the efficiency and quality of treasury product delivery processes.

Qualifications, Skills & Attributes

The successful jobholder will be required to possess the following qualifications:

  • A Bachelor’s degree in a Business-related field, mathematics, or engineering. A Master’s Degree in a Business-related field is preferred.
    ACI dealing certificate.
  • A minimum of seven years of experience in Treasury and treasury operations, including three years in a senior role.
  • A thorough understanding of CBK and Banking Acts, with knowledge of their implications.
  • Familiarity with Prudential Guidelines and their impact on Treasury management.
  • Comprehensive knowledge of Treasury functions, including Back-Office processing.
  • Expertise in Treasury products like foreign exchange, money markets, derivatives, and fixed income.
  • A strong grasp of risk management principles.
  • Ability to network effectively with internal and external stakeholders and maintain a good relationship with regulators on market related issues.

Method of Application

If you’re a strategic thinker with a passion for trading and leadership, we invite you to apply for this challenging and rewarding role. Be part of a team that values innovation, integrity, and excellence in financial services. Apply today to make an impact in the world of trading and finance. Please submit your resume and a cover letter outlining your relevant experience and why you’re passionate about this role to jobs@co-opbank.co.ke indicating the job reference number HT/FSD/2024 by 8th May 2024.

Cover Letter for job application 2025 examples - 3 Parts of a Cover Letter