Foreign Exchange Trader | PetNet

PM Consulting; Philippines; Hybrid; PHP 600,000 - 1,200,000; Full time

Job summary

PM Consulting in Makati City, Philippines, seeks a Foreign Exchange Trader for a hybrid arrangement. You will execute foreign exchange transactions, monitor markets, manage client portfolios, and provide timely market insights to support trading decisions.

Requires at least 1 year in banking with FX/Treasury experience; a Bachelor's degree is required, and CTP certification is preferred.

Qualifications

• BSc/BA or equivalent in finance, banking, or business.
• Minimum 1 year of banking experience; FX/Treasury preferred.
• CTP certification preferred but not mandatory.

Responsibilities

• Execute FX transactions per established strategies and risk parameters.
• Monitor currency rates, movements, and market trends daily.
• Provide timely market updates and insights to Head Trader.
• Manage and grow client portfolios and trading support relationships.
• Coordinate with Back Office for accurate settlement and documentation.
• Ensure compliance with BSP regulations and internal risk controls.

Skills

FX trading

Market analysis

Risk management

Client relationship

Communication

Attention to detail

Education

Bachelor's degree in Finance/Banking/Business

Certified Treasury Professional (CTP)

Job description

Foreign Exchange Trader

Location: Makati 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.