An FX Dealer is responsible for executing foreign exchange transactions on behalf of clients or the financial institution, managing currency risk, and maintaining liquidity in various currency markets. They analyze market trends, monitor exchange rates, and execute buy/sell orders to optimize profitability and manage exposure. FX Dealers work closely with traders, sales teams, and risk managers to ensure compliance with regulatory standards and internal policies. Strong analytical skills, quick decision-making, and a deep understanding of global financial markets are essential for success in this role.

Duties & Responsibilities

As FX Dealer you are responsible to:

1.     Monitoring the Bank’s Net Open Position on a daily basis.

2.     Ensuring Active and Sound engagement In the FX Market.

3.     Preparation of a Weekly plan for further submission and review of the CFO/Treasury Manager.

4.     Fundamental and Technical Analysis of the FX Market.

5.     Monitoring the local FX Market and taking the necessary action in Line with the Delegation of Power.

6.     Active Trading in Well-Known Currency Pairs such EUR/USD GBP/USD.

7.     Active Participation in the DAB Currency Auction.

8.      To attend to any other matter that may not have been mentioned in this document but advised by Treasury Manager.

Job Requirements

Educational Qualifications

Bachelor’s degree in Finance, Economics, Business Administration, or a related field.

Professional certifications such as ACI (The Financial Markets Association) or CFA are highly desirable.

Experience Required

Minimum of 1-2 years of experience in foreign exchange dealing or treasury operations.

Strong familiarity with forex markets, trading platforms, and related financial instruments.

Competencies Required

•Expertise in FX trading, including spot, forward, and swap transactions.

•Proficiency in using trading platforms such as Bloomberg, Reuters, or other FX systems.

•Strong analytical skills for interpreting market trends and managing risks.

•Solid understanding of FX regulations, compliance, and market standards.

•Ability to manage liquidity and optimize FX positions to achieve profitability.

•Effective communication skills to liaise with counterparties and internal teams.

•Strong attention to detail and precision in executing trades.

•Advanced problem-solving skills to handle discrepancies and manage market risks.

Personal Attributes

•Adheres to ethical trading practices and ensures compliance with regulatory guidelines.

•Takes responsibility for trading decisions and their impact on the bank’s FX portfolio.

•Monitors market developments to identify and act on profitable opportunities.

•Thrives in a fast-paced environment with rapidly changing market conditions.

leadership Capabilities

•Works effectively with the treasury team and other stakeholders to ensure smooth operations.

•Aligns trading activities with the bank’s risk and profitability objectives.

•Quickly addresses and resolves trading or settlement discrepancies.

•Clearly conveys market insights and trade rationales to management and counterparties.

Submission Guideline

Submission guidelines

Applicants who meet the above requirements should submit their updated Curriculum vitae (CV)/Resume to (sr.recruitment-officer@ghazanfarbank.com)

Please Mention the position title and vacancy number in the subject of your E-mail otherwise your Email will not be considered. (GB/HRD/19)

Note only shortlisted candidates will be contacted for further recruitment process.