Job Title: FX Trader (Treasury Dealer)

Location: Lekki, Nigeria

Department: Treasury / Trading

Reports To: Head of Trading / Treasury Manager

Salary Range: N1.5m - N2m

Job Type: Full-Time

Job Summary:

Plaude Inc. is seeking a highly skilled and motivated FX Trader to join our Treasury team. The FX Trader will be responsible for managing the company’s foreign exchange trading activities, optimizing currency positions, and executing FX strategies to mitigate risks and maximize returns. This role involves monitoring market trends, executing trades, managing liquidity, and ensuring compliance with financial regulations. The ideal candidate will have a strong understanding of FX markets, risk management, and be able to operate in a fast-paced, dynamic environment.

Key Responsibilities:

1. FX Trading and Execution:

• Execute spot, forward, swap, and options transactions in foreign exchange markets to meet the company’s strategic goals.
• Actively monitor FX market movements, analyze trends, and make informed decisions on trades in real time.
• Manage the company’s foreign currency exposure by optimizing positions and implementing hedging strategies to mitigate currency risk.
• Execute FX trades to support cross-border transactions, remittance services, and other international business operations.

2. Risk Management:

• Monitor and manage FX risk exposures by implementing effective hedging strategies.
• Continuously evaluate the effectiveness of existing risk management strategies and optimize positions to ensure minimized exposure.
• Maintain updated knowledge of geopolitical, macroeconomic, and currency market conditions to adjust trading strategies as necessary.