Foreign Exchange Trader

PM Consulting; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

PM Consulting in the Philippines is seeking Foreign Exchange Traders to execute currency transactions, monitor market movements, and support client portfolio growth. You will provide timely market insights to the trading team and ensure accurate settlement of FX trades.

The role requires collaboration with the Forex Department and Back Office, adherence to regulatory requirements, and participation in ongoing professional development to enhance FX trading knowledge and skills.

Qualifications

• Bachelor's Degree graduate of any 4-year course.
• At least 1 year of experience in the banking industry, preferably with exposure to treasury, foreign exchange, dealing, trading, or related financial markets functions.
• Certified Treasury Professional (CTP) certification is required/preferred.
• Working knowledge of foreign exchange markets, currency movements, and financial market fundamentals.
• Strong numerical and analytical skills.
• Good understanding of market trends and economic indicators.
• Strong attention to detail and ability to execute transactions accurately.
• Good communication and interpersonal skills.
• Ability to work in a fast-paced, market-driven environment.
• Strong sense of integrity, discipline, and risk awareness.

Responsibilities

• Execute foreign exchange transactions in accordance with established trading guidelines and procedures.
• Manage and grow client portfolios through collaboration with the Forex Department and/or self-generated leads.
• Monitor foreign exchange rates, market levels, trends, and relevant economic developments.
• Provide timely market updates, insights, and trading recommendations to the Head Trader.
• Build and maintain strong relationships with clients and identify opportunities to grow FX business.
• Coordinate closely with the Forex Back Office to ensure smooth and accurate processing and settlement of transactions.
• Monitor market conditions and developments that may impact foreign currency trading.
• Stay updated on BSP regulations, industry requirements, and relevant foreign exchange policies.
• Participate in seminars, training programs, and other professional development activities to continuously enhance FX trading knowledge and skills.
• Ensure compliance with internal policies, trading procedures, and applicable regulatory requirements.
• Perform other duties and responsibilities that may be assigned by the Forex Department Head.

Skills

Numerical and analytical skills

Communication and interpersonal skills

Attention to detail

Risk awareness

Education

Bachelor's degree in any 4-year course

Job description

We are looking for Foreign Exchange (FX) Traders to join our the team. The role will be responsible for executing foreign currency transactions, monitoring market movements, supporting client portfolio growth, and providing timely market insights to the trading team.

The successful candidate will work closely with the Forex Department and Back Office to ensure accurate and efficient execution and settlement of FX transactions while maintaining awareness of market developments and applicable regulatory requirements.

Key Responsibilities

• Execute foreign exchange transactions in accordance with established trading guidelines and procedures.


• Manage and grow client portfolios through collaboration with the Forex Department and/or self-generated leads.


• Monitor foreign exchange rates, market levels, trends, and relevant economic developments.


• Provide timely market updates, insights, and trading recommendations to the Head Trader.


• Build and maintain strong relationships with clients and identify opportunities to grow FX business.


• Coordinate closely with the Forex Back Office to ensure smooth and accurate processing and settlement of transactions.


• Monitor market conditions and developments that may impact foreign currency trading.


• Stay updated on BSP regulations, industry requirements, and relevant foreign exchange policies.


• Participate in seminars, training programs, and other professional development activities to continuously enhance FX trading knowledge and skills.


• Ensure compliance with internal policies, trading procedures, and applicable regulatory requirements.


• Perform other duties and responsibilities that may be assigned by the Forex Department Head.

Qualifications

• Bachelor's Degree graduate of any 4-year course.


• At least 1 year of experience in the banking industry, preferably with exposure to treasury, foreign exchange, dealing, trading, or related financial markets functions.


• Certified Treasury Professional (CTP) certification is required/preferred.


• Working knowledge of foreign exchange markets, currency movements, and financial market fundamentals.


• Strong numerical and analytical skills.


• Good understanding of market trends and economic indicators.


• Strong attention to detail and ability to execute transactions accurately.


• Good communication and interpersonal skills.


• Ability to work in a fast-paced, market-driven environment.


• Strong sense of integrity, discipline, and risk awareness.