Manager - Foreign Currency Trading

Responsibilities

• Increase overall revenue from foreign currency trading activities.
• Present updates in regular management meetings on revenue improvements and strategies for continuous enhancement.
• Ensure the capital deployment for the business is at optimal level.
• Monitor and report the volumes of currencies bought and sold on a monthly and quarterly basis.
• Set and achieve targets for foreign currency traded.
• Ensure 100% compliance with local and international regulatory requirements.
• Regularly update compliance protocols and training for the team.
• Implement best practices in compliance to mitigate risks associated with cross-border currency trading.
• Increase the number of new exchange partnerships established Monthly, Quarterly and Annually.
• Maintain and strengthen relationships with existing partner exchanges.
• Strategize, plan and execute on opportunities of growth with new or existing partners
• Maintain strong relationships with existing partners and continuously seek opportunities for collaboration
• Good knowledge of local Central Bank of Kuwait regulatory frameworks governing foreign currency trading.
• Knowledge of global AML standards, Counter-Terrorist Financing (CTF) regulations, and Know Your Customer (KYC) requirements

Educational Qualification

• Education Degree: Bachelor
• Major: Finance, Economics, Business Administration, or any related field

Experience

• Years of Experience: 6 - 10 Years
• Field of Experience : Experience in foreign currency trading, with a strong background in money exchange business

Skills

• Excel in attention to detail, possess knowledge of currency security features and design.
• Skilled with detection tools and anti-counterfeiting technologies.
• Understand financial regulations and easily differentiate between real and counterfeit currency notes.
• Excellent analytical, negotiation, and communication skills.
• Strong leadership and team-building abilities.

Job Remarks

• Preferred Language: English, Arabic
• Job Country : Kuwait
• Duty Shift / Timings : One Shift / 8:00 am - 5:00 pm