Foreign Exchange Trader - Singapore - MOOLAHGO PTE. LTD.

Description

FX Rates Aggregation and Distribution:

• Obtain latest FX rates from banks, agents and partners
• Closely monitor market developments and fx movements during trading hours and update sell rates accordingly
• Distribute rates

Counterparty Management:

• Identify new agents/partners to trade fx
• Perform due diligence on prospective agents/partners prior to proposing to management for confirmation

FX Trading:

• Constantly monitor any open positions and risks
• Liaise closely with sales teams, banks and/or agents/partners on payment issues
• Quote fx rates to sales teams and customers and provide updates to fx movements promptly

Trade Reconciliations & Settlement:

• Complete trade blotters accurately and timely
• Perform end-of-day trade reconciliations, ensure all positions are reconciled accurately
• Ensure payments to counterparties are completed without delay
• Monitor incoming payments from counterparties to ensure currencies are received on time
• Monitor beneficiary pay-outs statuses and ensure partners/agents complete pay-outs on time as per agreed
• Reconcile pay-outs with client trades to ensure accuracy

Product Development & Sales:

• Generate trading revenues to achieve or exceed targets
• Work with sales and marketing teams to implement sales ideas
• Engaged with product teams and involve in projects to support the overall development of company's digital payments services

Other tasks as may be assigned from time to time.