Foreign Exchange Trader - Cebu

hrtx; Cebu City; Hybrid; PHP 400,000 - 800,000; Full time

Job summary

hrtx in Cebu City is seeking a Foreign Exchange Trader to execute FX transactions, manage client portfolios, and monitor currency markets. The role collaborates with Head Trader, FX Department, and Back Office to ensure accurate trade execution and compliant processing.

You will stay informed on BSP regulations and market developments, identify trading opportunities, build relationships with clients, and contribute to business growth through proactive leads and referrals.

Qualifications

• Bachelor's degree in a 4-year course.
• At least 1 year of experience in the banking industry.
• Experience in Foreign Exchange, Treasury, FX Trading, or related financial market functions is highly preferred.
• CTP certification is preferred.

Responsibilities

• Execute FX transactions in line with trading strategies, procedures, and risk parameters.
• Monitor FX rates, currency movements, market trends, and economic developments.
• Provide timely market updates, analysis, and trading insights to the Head Trader.
• Monitor FX levels and identify potential trading opportunities.
• Manage and develop client portfolios through effective relationship management and trading support.
• Generate and develop new business opportunities through self-generated leads and referrals.
• Establish and maintain strong relationships with existing and prospective clients.
• Coordinate with the FX Back Office to ensure smooth, accurate, and timely processing and settlement of transactions.
• Ensure completeness and accuracy of trade-related information and documentation.
• Resolve trade discrepancies and transaction-related concerns with internal teams.
• Stay updated on BSP regulations, FX policies, banking regulations and market developments.
• Attend seminars and training programs to enhance foreign exchange trading knowledge and skills.
• Perform other duties as assigned by the FX Department Head.

Skills

FX markets knowledge

Analytical skills

Market analysis

Risk awareness

Client relationships

Communication

Detail-oriented

Target-driven

Integrity

Regulatory knowledge

Education

Bachelor's Degree (4-year)

CTP certification preferred

Job description

Foreign Exchange Trader

Location: Cebu City
Work Arrangement: Hybrid
Employment Type: Full-Time

Job Summary

The Foreign Exchange Trader is responsible for executing foreign exchange transactions, managing and growing client portfolios, monitoring currency markets, and providing timely market insights to support trading decisions. The role works closely with the Head Trader, Foreign Exchange Department, and Back Office to ensure efficient trade execution, accurate transaction processing, and compliance with applicable policies and regulations.

Key Responsibilities

• Execute foreign exchange transactions in accordance with established trading strategies, procedures, and risk parameters.
• Monitor foreign exchange rates, currency movements, market trends, economic developments, and other factors affecting the foreign exchange market.
• Provide timely market updates, analysis, and trading insights to the Head Trader.
• Monitor foreign exchange levels and identify potential trading opportunities.
• Manage and develop assigned client portfolios through effective relationship management and trading support.
• Generate and develop new business opportunities through self-generated leads and referrals.
• Establish and maintain strong relationships with existing and prospective clients.
• Coordinate with the Foreign Exchange Back Office to ensure the smooth, accurate, and timely processing and settlement of transactions.
• Ensure completeness and accuracy of trade-related information and documentation.
• Resolve trade discrepancies and transaction-related concerns in coordination with the appropriate internal teams.
• Stay updated on BSP regulations, foreign exchange policies, banking regulations, and relevant market developments.
• Ensure that all foreign exchange activities comply with internal policies, procedures, risk controls, and applicable regulatory requirements.
• Attend seminars, training programs, and industry activities to continuously enhance foreign exchange trading knowledge and skills.
• Perform other duties and responsibilities as may be assigned by the Foreign Exchange Department Head.

Job Qualifications

Educational Background

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

Work Experience

• At least 1 year of experience in the banking industry.
• Experience in Foreign Exchange, Treasury, FX Trading, or related financial market functions is highly preferred.
• Experience in client portfolio management, relationship management, or business development within the banking or financial services industry is an advantage.

Certification

• Certified Treasury Professional (CTP) certification is preferred.

Skills & Competencies

• Strong understanding of foreign exchange markets and financial market fundamentals.
• Strong analytical and numerical skills.
• Ability to interpret market trends and economic developments.
• Good decision-making and risk awareness.
• Strong client relationship management and business development skills.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy in handling transactions.
• Ability to work effectively in a fast-paced and target-driven environment.
• High level of integrity, accountability, and confidentiality.
• Knowledge of BSP regulations and foreign exchange compliance requirements is an advantage.