FX Trader – Emerging Markets

Responsibilities

• FX Trading & Liquidity Management: Manage proprietary and flow-driven FX trading positions across Emerging Market currencies, with a focus on African (e.g., NGN, KES, ZAR, GHS), LATAM (ARS, BRL, MXN) and/or Asian (IDR, VND, etc.) on markets.
• Source and maintain deep liquidity relationships with banks, brokers, and OTC desks across relevant regions.
• Execute spot, forwards, NDFs, swaps, and OTC trades to optimize execution quality and manage currency exposure.
• Monitor market developments, capital controls, and liquidity dynamics across EM FX markets.
• Design and implement FX hedging strategies to manage corporate or client-driven exposures.
• Optimize hedging efficiency across multiple liquidity venues including banks, ECNs, OTC desks, and crypto liquidity pools where relevant.
• Develop models for dynamic hedging, inventory risk management, and spread optimization.
• Monitor risk limits, PnL, and exposure across currency books.

Trading Infrastructure & Systems

• Work closely with engineering and product teams to build and enhance FX trading and hedging infrastructure, including:
• Automated hedging engines
• Liquidity aggregation systems
• Smart order routing
• Pricing and risk management tools
• Integrate connectivity with banks, ECNs, and liquidity providers via APIs or FIX protocols.
• Improve execution automation, latency optimization, and real-time exposure monitoring.

Market Development

• Identify and onboard new liquidity providers and OTC trading partners across emerging markets.
• Build pricing frameworks for illiquid currency pairs and support new corridor launches.
• Contribute to the development of scalable FX infrastructure supporting global payments and settlement flows.

Requirements

Experience

• 5–10+ years of FX trading experience in Emerging Markets.
• Strong experience trading African currencies, such as:
• Africa: NGN, KES, ZAR, GHS, EGP
• Experience working at:
• Global banks
• EM FX trading firms
• Crypto exchanges or market makers
• Proven experience executing OTC and institutional-sized FX trades.

Technical Expertise

• Deep understanding of:
• FX market microstructure in illiquid markets
• NDF markets and offshore hedging
• Capital controls and FX regulatory frameworks
• Hands-on experience building or optimizing:
• FX trading systems
• Hedging engines
• Liquidity aggregation platforms
• Familiarity with FIX connectivity, API-based trading systems, and algorithmic execution.

Skills

• Strong quantitative and analytical capabilities.
• Ability to operate in high-volatility and fragmented liquidity environments.
• Strong network within EM FX liquidity providers and OTC trading desks.
• Excellent communication and cross-functional collaboration skills.

Preferred Qualifications

• Experience supporting high-volume cross-border payment flows or treasury operations.
• Experience trading EM FX through both traditional banks and alternative liquidity sources.
• Familiarity with stablecoin / crypto liquidity markets in emerging economies.
• Background in building or scaling FX market-making operations.
• Strong analytical and problem solving skills
• Ability to operate across global teams and fast paced environments

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