One of our clients is seeking a Manager – Treasury & Africa FX to build and manage a dedicated FX trading and treasury capability with a primary focus on West African currencies. This role is exclusively FX-focused and is responsible for currency-market intelligence, price discovery, quotation comparison, negotiation, execution, derivatives and FX risk management.
Key Responsibilities
- Monitor group FX exposures and expected cash flows across relevant entities, countries and currencies.
- Maintain active daily relationships with banks, FX bureaus and other approved market participants across West Africa.
- Obtain and compare multiple executable FX quotations and negotiate pricing and settlement terms.
- Execute approved spot FX transactions through banks and authorised counterparties.
- Understand, price and execute approved forwards, NDFs and other FX derivatives.
- Analyse local cash-market, offshore and derivative pricing to identify lawful and operationally executable opportunities.
- Integrate FX considerations into physical commodity trade economics, working capital and profitability.
- Optimise FX timing, counterparty selection, currency netting, natural hedges, payment routing and cash positioning.
- Maintain approved counterparty relationships and monitor pricing quality, limits and settlement performance.
- Monitor open positions, hedges and maturities within approved risk limits.
- Measure and report FX performance, execution improvements, hedging outcomes and FX P&L.;
- Ensure all transactions comply with applicable exchange-control, AML/KYC, sanctions, tax and company requirements.
- Support the development of FX and treasury data architecture alongside CTRM, accounting and treasury systems.
- Provide concise management reporting on exposures, market opportunities,
risks and upcoming currency requirements.
What We’re Looking For
- 5–10 years of relevant experience in FX dealing, treasury, currency markets, banking, brokerage or institutional FX.
- Strong practical knowledge of spot FX, forwards, NDFs, forward points/carry, settlement, liquidity and counterparty risk.
- Experience with emerging or frontier-market currencies is highly desirable.
- Africa or less-liquid currency-market experience is a significant advantage.
- Experience working with banks, brokers, local market participants and institutional FX providers.
- Strong commercial understanding of how FX markets interact with physical commodity trading, working capital and real cash flows.
- Solid Excel and data-analysis skills.
- Exposure to treasury/CTRM systems, APIs or market-data tools is an advantage.
- High integrity and strong risk-control orientation.
- Ability to challenge market quotes, distinguish executable opportunities from theoretical pricing and communicate effectively with senior management.
- India-based candidates preferred, with flexibility to work across Africa/Geneva market hours and travel when required.
What Success Looks Like The successful candidate will establish a disciplined FX dealing rhythm, including systematic quotation gathering, active price comparison and negotiation, reliable exposure visibility, disciplined use of spot/forwards/NDFs and transparent FX P&L.; The role will create measurable value through improved execution, negotiation, timing, netting, hedging and treasury optimisation while operating within approved risk and compliance controls.
Important: This is not an unrestricted proprietary FX trading role. Any market positioning must operate within formally approved mandates, position limits, loss limits and counterparty limits.
📌 Manager – Treasury & Africa FX (India)
🏢 Quikr
📍 India