Business Development Manager - Forex To be discussed

Raze Markets Global Ltd.; Gauteng; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Training & development

Career progression

Collaborative environment

Job summary

Raze Markets Global Ltd. in Gauteng is seeking a Business Development Manager - Forex to grow our FX client base and manage portfolios. You will build client relationships, analyze markets and coordinate with sales, research and compliance to deliver tailored solutions.

The role requires strong communication, risk awareness, and a proven track record in FX trading, with a Bachelor’s degree and 2-5 years of experience. Office-based in Gauteng with competitive compensation.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• 2-5 years of FX trading and account management experience.
• Proven transferable book of clients.
• Strong understanding of financial markets, currency pairs and strategies.
• Proficiency in trading platforms (MetaTrader, Bloomberg).
• Strong analytical and communication skills.
• CFA/FRM qualifications preferred but not required.

Responsibilities

• Build and maintain relationships with existing and potential clients.
• Understand clients' goals, risk tolerance and investment preferences.
• Assess and manage FX trading risk; implement hedging and risk mitigation.
• Stay updated on regulatory developments related to FX trading.
• Generate performance reports and conduct post-trade analysis.
• Provide market insights and recommendations based on analysis.
• Collaborate with sales, research and compliance teams.
• Share knowledge and best practices to improve performance.

Skills

FX trading

Client relationship management

Risk management

Analytical skills

Communication skills

Portfolio management

Trading platforms

Education

Bachelor's degree in Finance, Economics, Business Administration, or related field

Tools

MetaTrader

Bloomberg

Job description

Business Development Manager - Forex

We are seeking an experienced Business Development Manager - Forex to join our dynamic team. The ideal candidate will have a proven track record in managing FX accounts, possess excellent analytical and communication skills, and demonstrate a deep understanding of financial markets and trading strategies. This role requires the ability to build and maintain strong client relationships while delivering exceptional results in managing FX portfolios.

Duties & Responsibilities

1. Build and maintain strong relationships with existing and potential clients, address client inquiries, concerns, and requests promptly and professionally.
2. Understand clients' financial goals, risk tolerance, and investment preferences, provide timely and accurate information on market trends, economic indicators, and currency movements.
3. Assess and manage the risk associated with FX trading activities, including market risk, credit risk, and liquidity risk, implement risk mitigation strategies, such as stop-loss orders and hedging techniques, to protect client portfolios.
4. Stay updated on regulatory developments and compliance requirements related to FX trading.
5. Generate regular performance reports for clients, detailing portfolio performance, trade activity, and account balances, conduct post-trade analysis to evaluate the effectiveness of trading strategies and identify areas for improvement.
6. Provide insights and recommendations based on market analysis and portfolio performance.
7. Collaborate with colleagues across departments, including sales, research, and compliance, to deliver comprehensive solutions to clients.
8. Share knowledge and best practices with team members to enhance overall performance and achieve departmental goals.

Desired Experience & Qualification

1. Bachelor's degree in Finance, Economics, Business Administration, or a related field.
2. Minimum of 2-5 years of experience in FX trading and account management.
3. Proven track record of success with a transferable book of clients.
4. Strong understanding of financial markets, currency pairs, and trading strategies.
5. Proficiency in trading platforms and financial software (e.g., MetaTrader, Bloomberg).
6. Excellent analytical skills and attention to detail.
7. Effective communication and interpersonal skills.
8. Ability to work well under pressure and meet tight deadlines.
9. Relevant certifications (e.g., CFA, FRM) preferred but not required.

Package & Remuneration

1. Competitive salary and performance-based bonuses.
2. Ongoing training and professional development opportunities.
3. Collaborative and supportive work environment.
4. Opportunities for career advancement and growth within the company.