Forex Trader - Investment Desk

Placements24; Mossel Bay; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Health benefits

Retirement plan

Hybrid work environment in Mossel Bay

Job summary

Placements24 is seeking a skilled Forex Trader for its Mossel Bay Investment Desk to manage currency exposures and execute trading strategies across global FX markets.

The role blends on-site collaboration with the investment team and remote flexibility, demanding sharp analytics, macroeconomic insight, and a proven ability to trade profitably under pressure.

You will work with portfolio managers and research analysts, use Reuters and Bloomberg, and contribute to profitability and risk management.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics or related quantitative field.
• Minimum of 4 years of direct FX trading experience (spot, forwards, options).
• Proven track record of profitable trading and risk management.
• Strong understanding of macroeconomic principles impacting currency markets.
• Proficiency with Reuters, Bloomberg and analytical tools.

Responsibilities

• Execute FX trades across currency pairs to meet objectives.
• Monitor markets, economic news, and geopolitical events for opportunities.
• Develop and implement trading strategies based on technical and fundamental analysis.
• Manage currency risk exposures and hedging strategies.
• Analyze trading performance and report key metrics.
• Collaborate with portfolio managers and analysts to inform decisions.
• Maintain knowledge of market regulations and compliance requirements.
• Utilize trading platforms to execute trades and analyze data.
• Contribute to profitability and strategic direction of the desk.

Skills

Analytical thinking

Under pressure decision making

Communication skills

Risk management awareness

Education

Bachelor's degree in Finance/Economics/Mathematics

Tools

Reuters

Bloomberg

Trading platforms

Job description

About the Role

Our client, a prominent financial services firm, is seeking a skilled and results-driven Forex Trader to join their Investment Desk in Mossel Bay, Western Cape. This role is integral to managing currency exposures and executing trading strategies within the global foreign exchange markets. The ideal candidate will possess a sharp analytical mind, a deep understanding of macroeconomic factors influencing currency movements, and a proven ability to make profitable trading decisions under pressure. This position offers a dynamic blend of on-site collaboration with the investment team and remote flexibility, catering to the demands of global markets. Join a forward-thinking company that values innovation and performance in the fast-paced world of banking and finance.

Key Responsibilities

• Execute foreign exchange trades across various currency pairs to meet client and proprietary objectives.
• Monitor global financial markets, economic news, and geopolitical events to identify trading opportunities.
• Develop and implement effective trading strategies based on technical and fundamental analysis.
• Manage currency risk exposures and implement hedging strategies as required.
• Analyze trading performance, identify areas for improvement, and report on key metrics.
• Collaborate with portfolio managers and research analysts to inform trading decisions.
• Maintain up-to-date knowledge of market regulations and compliance requirements.
• Utilize trading platforms and financial software efficiently to execute trades and analyze data.
• Contribute to the overall profitability and strategic direction of the investment desk.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 4 years of direct experience in foreign exchange trading, preferably with a focus on spot, forwards, and options.
• Proven track record of successful trading performance and risk management.
• Strong understanding of macroeconomic principles and their impact on currency markets.
• Proficiency in using trading platforms (e.g., Reuters, Bloomberg) and analytical tools.
• Excellent quantitative and analytical skills, with a keen eye for detail.
• Ability to perform under pressure and make quick, informed decisions in a volatile market.
• Strong communication and interpersonal skills, with the ability to articulate trading rationale.
• Experience in the banking and finance sector is advantageous.

Benefits

• competitive salary
• performance-driven bonuses
• comprehensive health benefits
• retirement savings plan
• opportunities for continuous learning and professional development
• a hybrid work environment that supports a healthy work-life balance in the scenic locale of Mossel Bay, Western Cape

This role provides direct engagement with global financial markets and opportunities for significant career growth.