RMB Head of FXPH

Description

• To drive the strategic direction of the Foreign Exchange Product House across all segments and manage effective stakeholder relationships, implementation of efficiencies and operational processes for the benefit of the business

Duties

• Deploys integrated risk management, governance and compliance frameworks throughout area of responsibility
• Analyze information and reports to identify trends, discrepancies and inconsistencies for decision making purposes
• Development and execution of an effective strategy for Foreign Exchange Product House across all segments
• Create a strong awareness of the environmental and market impacts on the business and implement strategies to defend or take advantage of these impacts
• Optimize cross border payments process and manage the systems utilized
• Oversee the compliance to exchange control rulings and related vetting of cross border flows
• Develop segment budgets at a product level to ensure appropriate growth of the business
• Produce adequate management information to measure budget performance and other performance targets
• Identify and implement new product opportunities and additional currency trading opportunities to grow the size of the market available
• Drive input into system capabilities and system development
• Take responsibility for overall Foreign Exchange Product House profitability and operational efficiency
• Develop and implement a pricing strategy to maximize revenue and drive client behavior
• Implement channel strategies to support the objective of placing clients in the most efficient channel
• Ensure that credit, operational and regulatory risk issues are identified and managed appropriately to support the business
• Continually drives a superior client orientated culture within Foreign Exchange that aims to exceed client expectations
• Ensures that supportive, open relationships exist between all relevant stakeholders and service providers

Requisites

• Relevant B Comm Degree and ACI
• Postgraduate will be advantageous
• Experience:
• Minimum 7 years’ experience in the foreign exchange markets
• Minimum 3 years’ experience in managing cross functional teams
• Strong technical knowledge of financial and foreign exchange markets including exchange control
• Experience in project management
• Experience in cross border payments processes and systems
• Additional Requirements:
• Highest standards of ethical behavior
• Strong communication skills at all levels of the organisation
• Strong operational understanding of systems and processes of cross border payments including SWIFT, AML reporting and BoP reporting
• Understanding of Exchange Control regulations
• Ability to implement strategic imperatives and projects
• Be results driven
• Strong business acumen and financial proficiency

Notes

• Only shortlisted applicants will be contacted