Related Jobs
%20(1).jpg)
Related Jobs
Related Jobs
Share this Job
Trader, Forex, Global Markets job at Stanbic Bank Uganda | Apply Now
Are you looking for Finance jobs in Uganda 2025 today? then you might be interested in Trader, Forex, Global Markets job at Stanbic Bank Uganda
About the Organisation
Stanbic Bank is one of Uganda's largest and most reputable financial institutions, known for its extensive range of banking products and services tailored to meet the needs of individuals, businesses, and corporations. As a member of the Standard Bank Group, which is Africa's largest banking group by assets, Stanbic Bank benefits from a strong financial foundation and access to a broad network of resources and expertise.
The bank offers a variety of services including personal banking, business banking, corporate and investment banking, and wealth management. Stanbic Bank's personal banking services include savings and current accounts, loans, mortgages, and credit cards, designed to help individuals manage their finances effectively. For businesses, the bank provides customized solutions such as business accounts, trade finance, and cash management services, aimed at supporting the growth and operational efficiency of SMEs and large enterprises.
Stanbic Bank is also a leader in digital banking innovation, offering advanced online and mobile banking platforms that provide customers with convenient, secure, and efficient access to their accounts and banking services. This commitment to technology ensures that clients can manage their finances anytime and anywhere, enhancing their overall banking experience.
The bank is deeply committed to corporate social responsibility, actively participating in initiatives that promote education, health, and economic development in Uganda. Through programs such as the Stanbic National Schools Championship and various community development projects, the bank invests in the future of Ugandan society, reflecting its dedication to making a positive impact.
Stanbic Bank's strong reputation for reliability, customer service excellence, and financial stability makes it a trusted partner for individuals and businesses alike. Its strategic focus on innovation, community engagement, and sustainable growth positions Stanbic Bank as a key player in Uganda's financial sector and a driver of economic progress.
Kampala, Uganda
Full Time
Job Title
Trader, Forex, Global Markets job at Stanbic Bank Uganda
Stanbic Bank Uganda
Job Description
Job Title: Trader, Forex, Global Markets
Organisation: Stanbic Bank Uganda
Duty Station: Kampala, Uganda
Duties, Roles and Responsibilities
To trade the assigned product(s) within the defined mandate to maximise trading book profit while adhering to defined risk levels, codes of conduct and statutory regulations.
Develop and maintain an understanding of client behaviours and respond to client needs either via sales teams or direct channels to provide quality (trading and product) market commentary and insights to the sales teams to inform a successful sales process and maintain high-quality client experiences.
Monitor, collect and analyse historic, current and expected market developments, trends, and performance to proactively translate these into appropriate trading positions (discretionary) and price making activity.
Determine consistent and competitive prices of a range of financial instruments and give and update quotes, in line with market vision and trading strategy.
Develop a deeper understanding of risk drivers, risk reporting and relevant frameworks in order to clear risk and start assisting with risk management responsibilities. Where required, engage with major hedge providers within the market, for effective and efficient execution of trades.
Manage the resulting trading market risk for the book within agreed desk trading limits.
Trade the assigned product(s) and manage the resulting trading risk (within agreed trading limits, defined trading protocols, guidelines and risk levels) to ensure maximum profitability of the assigned trading portfolio, with guidance from Desk Head.
Qualifications, Education and Competencies
A First Degree in Statistics, Actuarial Science, Accounting, Analytics or a related field
5 – 7 years’ experience in a trading role within Global markets
Strong understanding of and experience in a specific area of trading, including all relevant product / asset classes / financial instruments and a basic understanding of trading limits and price making
Relevant professional certifications e.g. CFA, ACI Dealing Certificate
Proficiency with trading platforms e.g. Bloomberg, Reuters and strong excel / analytical skills.
Additional Information
Behavioural Competencies:
Articulating Information
Challenging Ideas
Developing Strategies
Directing People
Examining Information
Following Procedures
Technical Competencies:
Business Acumen (Audit)
International Market Knowledge
Market Analysis
Product Knowledge (Trading, Transacting)
Risk/ Reward Thinking
Trade Execution
Trade opportunity creation
How to Apply
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting the APPLY Button below.