Forex Sales Trader | Makati, Hybrid

PETNET, INC.; Philippines; Hybrid; PHP 1,200,000 - 1,800,000; Full time

Benefits offered by this job

HMO & life insurance

Premium commission incentives

Hybrid work environment

Job summary

PETNET, INC. is seeking an experienced Forex Trader in the Philippines to drive revenue through trading, market analysis, and client portfolio growth. You will lead the trading team, monitor performance, and ensure compliance with BSP rules while mentoring junior traders.

The role offers a hybrid working setup at the Makati HQ, with a 44-hour week, and a strong focus on relationship building, market insights, and strategic initiatives to grow the company's foreign exchange business.

Qualifications

• Bachelor's degree in Business Administration or related field.
• Experience in Forex Trading or Market in a banking industry or equivalent.
• Certified Treasury Professional.
• Hybrid working setup; HQ Legaspi Village, Makati; 44 hours weekly; Mon-Fri.

Responsibilities

• Leads the day to day operations of assigned Trading Team activities to ensure that sales targets are met.
• Monitors and analyses sales performance and recommends corrective actions to ensure financial targets are met or exceeded.
• Grows client portfolio through synergized efforts with FOREX and other departments, or through self-generated leads.
• Conducts marketing and social calls to high net-worth.
• Trades foreign currencies by capitalizing on market buy/sell differences.
• Provides feedback to Head Trader and Forex Department Head on trading opportunities and market news.
• Monitors and communicates foreign exchange levels.
• Coordinates with Forex Back Office to ensure smooth workflow of all trade transactions.
• Keeps abreast of market developments and BSP rules to anticipate forex movement and regulatory actions.
• Attends seminars and trainings to enhance trading knowledge and competency.
• Performs other duties as assigned by the Forex Department Head.
• Builds capabilities of junior traders and apprentices; manages performance and development.
• Clarifies roles, responsibilities and KPIs; reviews and adjusts as needed.

Skills

Relationship building

Education

Bachelor's degree in Business Administration or related field

Job description

Your Impact on the Business

Your role as Forex Trader within the business has a significant impact on revenue generation and profitability. You are valuable in trading, sales, market analysis, client portfolio growth, and regulatory compliance. Your ability to execute trades successfully and contribute to decision-making processes plays a crucial role in the organization's financial success.

Key Functions and Responsibilities:

Revenue Generation & Profitability

• Leads the day to day operations of assigned Trading Team activities to ensure that sales targets are met;
• Monitors and analyses sales performance and recommends/ undertakes corrective actions and improvement plans to ensure that financial targets are met and exceeded to the Department Leaders in Forex;
• Grows client portfolio through synergized efforts with FOREX and other departments, or through self-generated leads; and
• Conducts marketing and social calls to high net-worth.

Forex Trading

• Trades foreign currencies by capitalizing on the difference between the market's buying and selling prices;
• Provides feedback to Head Trader and Forex Department Head on trading opportunities, market news, and service issues to assist in decision-making;
• Monitors and communicates foreign exchange levels
• Coordinates with Forex Back Office to ensure smooth workflow of all trade transactions;
• Keeps abreast of market developments and BSP rules to anticipate forex movement and regulatory actions;
• Attends seminars, briefings, talks to enhance trading knowledge and competency; and
• Performs other duties that may be assigned by the Forex Department Head.

People Development

• Builds the capabilities of the junior trader and apprentice by proactively managing the performance and competency development of each team member;
• Clarifies the roles, responsibilities and KPIs of each team member are understood to ensure achievement of targets; reviews and initiates modification as business requires;
• Trains and mentors team members in the execution of their duties, ensuring constant improvement in their professional skills, and preparing them for succession planning;
• Motivates, inspires and disciplines, when needed, team members to maximize their potentials and capabilities; and
• Create an atmosphere of respect, trust and accountability among team members to facilitate analytical, problem-solving and innovative thinking.

Qualifications

• Education.Bachelor's Degree Graduate of Business Administration or related field;
• Experience.Experience in Forex Trading or Market in a banking industry or equivalent;
• Skills.Excellent relationship building skills, strong business sense and industry expertise and with a rich sense of achievement;
• Certification.Certified Treasury Professional;
• Working Setup.Hybrid, at least 5 times a month in the HQ located in Legaspi Village, Makati; and
• Working Schedule.Monday to Friday, 44 hours weekly.

Discover the Perks.

• From day one, you'll receive comprehensive HMO and life insurance coverage, ensuring your well-being and peace of mind. But that's just the beginning!
• Rewards that Inspire: With premium commission structures and exciting incentives, your hard work will be recognized and celebrated. Your dedication and commitment will be handsomely rewarded.
• Embrace the Future of Work with our hybrid working setup, granting you the flexibility to achieve a perfect work-life balance. No more mundane routines – expect a dynamic environment that fosters growth and innovation!
• A Thriving Culture: Prepare to be immersed in a collaborative and friendly culture, where teamwork and camaraderie flourish. Your colleagues will quickly become your second family, making every workday enjoyable and fulfilling.

Why Join us?

• Our Purpose:To empower and uplift Filipinos by providing access and choices for financial inclusion
• Our Mission: We put the customer first by delivering innovative, reliable, and secure solutions to all our stakeholders and through digital and human touchpoints.
• Our Vision:A nation where financial services are inclusive and borderless
• Industry Leadership:As a subsidiary of Union Bank of the Philippines, PETNET is backed by a strong financial institution that leads the way in delivering innovative solutions and revolutionizing the banking industry.
• Professional Growth: We foster a culture of continuous learning and personal development. By joining our team, you will have access to training programs, mentorship opportunities, and a supportive work environment that encourages growth and progression.
• Team Collaboration:At PETNET, we believe in the power of collaboration and teamwork. You will have the opportunity to work alongside talented professionals, exchange ideas, and contribute to meaningful projects that shape the future of financial services.
• Impactful Work:Our services play a crucial role in facilitating global transactions, cross-border payments, and financial inclusivity. By joining us, you will make a tangible impact on individuals, businesses, and communities, both locally and globally.

If you are driven, innovative, and eager to make a difference, we invite you to join our team at PETNET. Be part of an organization that values excellence, fosters growth, and champions transformative solutions in the financial services sector.