Foreign Exchange Trader - Cebu | Petnet

HRTx Inc; Cebu City; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

HRTx Inc seeks an experienced Foreign Exchange Trader in Cebu City to execute FX transactions, manage client portfolios, and monitor currency markets. You will collaborate with Head Trader and Back Office to ensure smooth settlement and compliance with regulations.

The role requires at least 1 year in banking and a strong grasp of FX, Treasury, and market dynamics, with a focus on relationship development and timely market insights.

Qualifications

• Bachelor's degree in any 4-year course.
• At least 1 year of banking industry experience.
• Experience in FX, Treasury, FX Trading, or related financial market functions is highly preferred.
• Experience in client portfolio management or business development within banking is an advantage.

Responsibilities

• Execute foreign exchange transactions following trading strategies and risk parameters.
• Monitor currency markets, rate movements, and economic developments.
• Provide timely market updates, analysis, and trading insights to Head Trader.
• Identify trading opportunities and manage assigned client portfolios.
• Develop new business opportunities through leads and referrals.
• Maintain strong relationships with clients and coordinate with Back Office for settlement.
• Ensure accurate trade documentation and resolve discrepancies with internal teams.
• Stay updated on BSP regulations and foreign exchange compliance.
• Attend seminars and training to enhance trading knowledge and skills.

Skills

FX trading

Client relationships

Market analysis

Risk awareness

Communication

Attention to detail

Integrity

Regulatory knowledge

Education

Bachelor's degree

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.