At a Glance
- Tasks: Lead business development for liquidity provider sourcing and optimise FX trading operations.
- Company: Moniepoint is Africa's leading financial ecosystem, empowering businesses with innovative payment solutions.
- Benefits: Enjoy a competitive salary, health insurance, annual bonuses, and a supportive work culture.
- Why this job: Join a dynamic team driving financial innovation in a fast-paced environment with significant impact.
- Qualifications: 5-15 years in liquidity management, strong FX market knowledge, and excellent analytical skills required.
- Other info: We prioritise employee well-being and foster a culture of learning and inclusivity.
The predicted salary is between 54000 - 84000 £ per year.
Moniepoint is Africa's all-in-one financial ecosystem, empowering businesses and their customers with seamless payment, banking, credit, and management tools. In 2023, we processed $182 billion and are Nigeria’s largest merchant acquirer.
About the Role
At Moniepoint, we are building a robust financial ecosystem that empowers businesses across Africa. As part of our mission, we are expanding our FX and remittance capabilities, and we are looking for a dynamic professional to lead our liquidity provider sourcing efforts. In this role, you will drive business development by identifying and securing strategic partnerships with liquidity providers in Nigeria and other African markets. You will play a key role in optimizing our FX trading operations by analyzing market trends, managing risk, and ensuring efficient capital deployment. Collaborating closely with Finance, Product, Analytics, Data Science, and Risk & Controls teams, you will shape our FX strategy and enhance profitability. This is a high-impact role for someone with deep experience in the FX market, strong relationships within the liquidity provider space, and a keen ability to navigate the complexities of treasury trading in the fintech remittance sector. If you thrive in a fast-paced environment and have a passion for driving financial innovation, we’d love to hear from you.
- Lead business development for sourcing liquidity providers in Nigeria and other African countries.
- Discover and suggest daily bid ask rates for us to offer remittance solutions from the UK to Africa (predominantly Nigeria).
- Have existing relationships with corporates in Africa to settle our FX position.
- Identify high-impact opportunities in FX P&L, trading costs, risk reduction, product/regional growth, and sustainable interest income.
- Work as part of a cross-functional team reporting to Finance while collaborating closely with Product, Analytics, Data Science, and Risk & Controls.
- Identify key problems and opportunities in Treasury Markets in Nigeria by negotiating strategic partnerships with liquidity providers (corporate, institutional, or alternative partners) to optimize our pricing engine and increase FX profitability.
- Address these challenges through networking with an existing network of liquidity providers in Nigeria, leveraging technology, analytics, controls, and operations for our FX and Asset Management activities.
- Report directly to the Remittance and FX Product CFO.
To succeed in this role, we think you should have:
- 5 to 15 years of experience in a similar liquidity providers (LPs) management and sourcing role for a FinTech remittance business function is a must.
- Strong understanding of the FX market with hands-on experience in trading environments and risk management, either directly in trading roles or in roles closely supporting trading activities with a minimum of 5 years coming from a FinTech company in Nigeria.
- Familiarity with FX trading, contract negotiations, market risk metrics, and controls.
- Experience with cash management products such as money market funds, bonds, and related systems is highly desirable to optimize FX trading capabilities and develop tailored liquidity provider sourcing strategies.
- Knowledge of FX Spot, FX Outrights, and FX Swaps, including end-to-end execution and booking in trading and finance systems.
- Strong data handling skills: proven track record of defining and driving KPIs, with advanced Excel proficiency.
- Demonstrated ability to build pipelines of liquidity partners, develop roadmaps, and guide teams from uncertainty to clarity, leading to the achievement of company objectives.
- Self-motivated and capable of working independently.
- Strong analytical mindset with the ability to clearly frame problems, articulate hypotheses and solutions, and measure outcomes using appropriate tools.
- Excellent communication skills, with the ability to convey technical or numerical concepts to a broad audience.
- Experience with other financial instruments is a plus but not required.
What we can offer you:
- Culture: We put our people first and prioritize the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.
- Learning: We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.
- Compensation: You’ll receive an attractive salary, pension, health insurance, annual bonus, plus other benefits.
What to expect in the hiring process:
- A preliminary phone call with the recruiter.
- A functional interview with the CFO.
- A case study presentation to the CFO and another Executive.
Moniepoint is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates.
Liquidity Partners Manager & Trader employer: Moniepoint Group
Contact Detail:
Moniepoint Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Liquidity Partners Manager & Trader
✨Tip Number 1
Network actively within the FX and fintech communities in Nigeria. Attend industry events, webinars, and meetups to connect with potential liquidity providers and other professionals who can provide insights into the market.
✨Tip Number 2
Leverage your existing relationships with corporates in Africa to gain introductions to liquidity providers. Personal recommendations can significantly enhance your credibility and open doors to new partnerships.
✨Tip Number 3
Stay updated on market trends and regulatory changes in the FX space. This knowledge will not only help you identify high-impact opportunities but also demonstrate your expertise during interviews and discussions with potential partners.
✨Tip Number 4
Prepare to discuss specific strategies for optimising FX trading operations. Be ready to share examples of how you've successfully managed risk and improved profitability in previous roles, as this will showcase your suitability for the position.
We think you need these skills to ace Liquidity Partners Manager & Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in liquidity management and FX trading. Emphasise your achievements in previous roles, particularly those that demonstrate your ability to drive business development and secure partnerships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the fintech industry and your understanding of the FX market. Mention specific experiences that align with the job description, such as your relationships with liquidity providers and your analytical skills.
Highlight Key Skills: In your application, clearly outline your skills related to risk management, data analysis, and cash management products. Use specific examples to illustrate how you've successfully navigated challenges in treasury trading.
Prepare for Interviews: Anticipate questions related to your experience in FX trading and liquidity sourcing. Be ready to discuss your approach to building partnerships and optimising trading operations, as well as your analytical mindset and problem-solving abilities.
How to prepare for a job interview at Moniepoint Group
✨Showcase Your FX Expertise
Make sure to highlight your deep understanding of the FX market during the interview. Be prepared to discuss your hands-on experience in trading environments and how you've managed risk in previous roles, especially within a FinTech context.
✨Demonstrate Relationship Management Skills
Since this role involves sourcing liquidity providers, it's crucial to showcase your existing relationships within the industry. Share specific examples of how you've successfully negotiated partnerships or collaborations in the past.
✨Prepare for Technical Questions
Expect to be asked about FX trading concepts such as Spot, Outrights, and Swaps. Brush up on these topics and be ready to explain how you would apply them in the context of Moniepoint's operations.
✨Exhibit Analytical Thinking
The role requires strong analytical skills, so be prepared to discuss how you've used data to drive decisions in your previous positions. Bring examples of KPIs you've defined and how they impacted your team's performance.