Senior Trader - Forex and Arbitrage

About the role

A high-growth international money transfer company is looking for a Senior Trader to take ownership of its trading desk across forex and arbitrage products. This is a commercial, sales-driven trading role focused on driving revenue and volumes, negotiating with counterparties and OTC desks, and sharing market insight with clients through updates and newsletters.

Key responsibilities

• Own trading revenue and volume targets for forex and arbitrage, and drive growth through initiative.
• Negotiate hard with counterparties, OTC desks and liquidity providers, and build client relationships to grow volumes.
• Follow USD/ZAR, global FX, crypto markets, macroeconomic data and regulatory developments, and write market updates and newsletters for clients.
• Set and review the desk's trading strategy, and take a senior role in pushing the team to higher standards.
• Guide junior traders on execution, risk and market understanding, and be available outside normal hours when needed.
• Monitor price differentials between offshore and local crypto exchanges and USD/ZAR fluctuations, negotiate crypto OTC deals, execute crypto purchases and sales, buy currency via banking systems and keep accurate trading records.
• Lead the development and execution of trading plans with the team.
• Execute forex buys and sells on client request, deliver forex quotes by telephone, and work with Account Managers to meet client needs promptly.

Required profile

• Ideally a tertiary degree in a mathematical or financial discipline and a Matric certificate.
• 3+ years of trading experience in forex, crypto or financial markets.
• Proven track record of driving trading revenue and growing volumes, ideally in a client-facing or sales-oriented role.
• Sales-driven, commercial mindset with strong negotiation skills and a hunger to grow revenue.
• Comfortable working in a high-performing remote team, flexible with working hours, and able to lead and support junior traders.

Required skills

• Excellent written communication; experience writing market updates or newsletters is an advantage.
• Strong, current understanding of FX and crypto markets.
• Strong mathematical competency and analytical skills.
• Quick learning aptitude and effective administrative capabilities.