FX Dealer
Moolahgo · Singapore
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.