Manager Treasury & Africa FX

One of our clients is seeking a Manager – Treasury & Africa FX to build and manage a dedicated FX trading and treasury capability with a primary focus on West African currencies. This role is exclusively FX-focused and is responsible for currency-market intelligence, price discovery, quotation comparison, negotiation, execution, derivatives and FX risk management.

Key Responsibilities

• Monitor group FX exposures and expected cash flows across relevant entities, countries and currencies.
• Maintain active daily relationships with banks, FX bureaus and other approved market participants across West Africa.
• Obtain and compare multiple executable FX quotations and negotiate pricing and settlement terms.
• Execute approved spot FX transactions through banks and authorised counterparties.
• Understand, price and execute approved forwards, NDFs and other FX derivatives.
• Analyse local cash-market, offshore and derivative pricing to identify lawful and operationally executable opportunities.
• Integrate FX considerations into physical commodity trade economics, working capital and profitability.
• Optimise FX timing, counterparty selection, currency netting, natural hedges, payment routing and cash positioning.
• Maintain approved counterparty relationships and monitor pricing quality, limits and settlement performance.
• Monitor open positions, hedges and maturities within approved risk limits.
• Measure and report FX performance, execution improvements, hedging outcomes and FX P&L.
• Ensure all transactions comply with applicable exchange-control, AML/KYC, sanctions, tax and company requirements.
• Support the development of FX and treasury data architecture alongside CTRM, accounting and treasury systems.
• Provide concise management reporting on exposures, market opportunities, risks and upcoming currency requirements.

What We're Looking For

• 5–10 years of relevant experience in FX dealing, treasury, currency markets, banking, brokerage or institutional FX.
• Strong practical knowledge of spot FX, forwards, NDFs, forward points/carry, settlement, liquidity and counterparty risk.
• Experience with emerging or frontier-market currencies is highly desirable.
• Africa or less-liquid currency-market experience is a significant advantage.
• Experience working with banks, brokers, local market participants and institutional FX providers.
• Strong commercial understanding of how FX markets interact with physical commodity trading, working capital and real cash flows.
• Strong Excel and data-analysis skills.
• Exposure to treasury/CTRM systems, APIs or market-data tools is an advantage.
• High integrity and strong risk-control orientation.
• Ability to challenge market quotes, distinguish executable opportunities from theoretical pricing and communicate effectively with senior management.
• India-based candidates preferred, with flexibility to work across Africa/Geneva market hours and travel when required.

What Success Looks Like

The successful candidate will establish a disciplined FX dealing rhythm, including systematic quotation gathering, active price comparison and negotiation, reliable exposure visibility, disciplined use of spot/forwards/NDFs and transparent FX P&L. The role will create measurable value through improved execution, negotiation, timing, netting, hedging and treasury optimisation while operating within approved risk and compliance controls.

Important: This is not an unrestricted proprietary FX trading role. Any market positioning must operate within formally approved mandates, position limits, loss limits and counterparty limits.