💙 Our Mission
We have recently updated our Company Mission to reflect our ambitions to build the future of payments in Africa. You can read all about it here .
Why does our mission matter?
There are over 1.3 billion Africans in the world and is the fastest growing region in the world. Africa is also the most expensive place to send money to and trade with. Talent is everywhere but opportunity isn’t. How do we bridge this divide with a sense of purpose?
* Think about people living far away from their loved ones who are financially responsible and support them. Imagine how you would feel losing 8-9% of your money through fees. How do we reduce the cost of sending money home through technology?
* What about the future for businesses?Think about those who are trying to do cross-border business from Africa outbound to the rest of the world? Why is it so hard to trade today? Why do people have to send money with other people physically or cash on planes? How much money and time is lost while doing this?
* What about the reliability of trade?When payments are delayed, that means business is disrupted. This costs everyone money. It loses us trust with customers.
* What about the future of work?Think about those young TikTok influencers in Uganda who make amazing content, but can’t get paid because they don’t have Visa or Mastercards yet have mobile money?
NALA’s true impact will be measured by the opportunities we create for Africa to trade with the world and the world to trade with Africa.
🎯 Your responsibilities in this role
* Navigating the complexities of the African FX market, which is often characterised by parallel exchange rates and requires a strategic approach to relationship-building and market insights.
* Monitor and analyse emerging foreign exchange markets to inform trading strategies.
* Build and maintain relationships with liquidity partners (banks, brokers and other entities)
* Execute and manage FX trades in accordance with company policies and risk management guidelines.
* Navigate both official and parallel African markets for accurate trading.
* Provide insights and forecasts on currency movements to support strategic decision-making.
* Implement and optimise trading algorithms to enhance efficiency and profitability.
* Maintain accurate trading records and prepare regular reports on trading performance.
Requirements
🔥 Must-Have Job Requirements
* Proven experience as an FX Trader, with a minimum of 3 years in the financial services industry.
* Proven experience in trading African currencies, with a deep understanding of both official and parallel markets.
* Experience in the African market, specifically with local banks and/or FX operations.
* Experience on the buy-side not just as a client on the sell-side.
* Skilled in navigating currency fluctuations, regulatory environments, and leveraging market trends to maximise trading opportunities.
* Strong understanding of financial instruments, market trends, and economic factors affecting currency movements.
* Excellent analytical skills with the ability to interpret complex data and market signals.
* Familiarity with trading platforms and risk management tools.
* Exceptional communication skills and the ability to work collaboratively in a fast-paced environment.
* Passion for innovation and commitment to the mission of enhancing economic opportunities for Africans.
💪 Nice-to-Have Job Requirements:
* Bachelor’s degree in Finance, Economics, or related field; a Master’s degree is a plus.
Benefits
🤩 What's in it for you
* Salary: Aligned with current market rates for similar roles in the industry.
* 35 Days Off: Enjoy an amazing 35 days of holidays to unwind and explore.
* Birthday Leave: Celebrate your special day with a bonus day off to take off in that month
* Learning Budget: Fuel your growth with $1000 annually for learning and development.
* Hybrid Working: We work 3 days a week in the office (Mon, Wed, Fri)
* Sarabi: Themed snacks and Friday lunch with a focus on building great working relationships with the team.
* Global Workspace: Get access to WeWork locations worldwide.
* Monthly Socials: Join fun social events every month for great times
* Free Coffee: Enjoy barista-style coffee at your fingertips.
* Office Fun: Play pool and table tennis when you need a break