AVAS Union - Director - German Branch

AVAS Union is now looking for Individuals possessing leadership qualities and with clear and proven professional records for the role of a Director who would get on to the reins as a full timer soon after the company is completely formed and activities rolled of; until which he would be a part of the entire process.

Role Responsibilities:

Technical and Banking Knowledge:

- Understand and book all relevant forex products.

- Understand the currency hierarchy and how rates are derived in the forex market

- Understanding the cash flows of the business and ensuring that these are properly funded on a daily basis.

- Understanding of the front to back Operations process to include the key elements of confirmations and settlements.

- Understand the key elements of other infrastructure groups i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Tax and Compliance.

Entrepreneurial:

- Works to develop new systems and process solutions where gaps are identified.

- Actively involved in testing and the timely release of new systems, new functionality and regular releases

- Support and aid the development of frequent MIS reporting capabilities. This is to assist performance measurement, cost effectiveness and ensure appropriate timely escalation.

- Ability to ask probing questions to gather information.

- Where appropriate, ability to maintain own position and use logic in the light of differing views.

Qualifications:

- Knowledge and experience of the Foreign Exchange and Money Market business

- Attention to detail - be able to interpret term sheets and compare to trade bookings to ensure it's correct

- Ability to participate in and help deliver change projects

- Excellent PC skills (MS Word, Excel, PowerPoint)

- Proven experience in a control environment

- Be able to work in a fast pace environment to support volatile markets

- Master degree in Business Administration with specialization in Finance/ Operations Management

- Minimum 8 years of experience in a leadership role

- Expertise in German and/or Turkish is an added advantage

Please note: High levels of interest mean we will only contact you if your application is shortlisted and this will happen within five working days. You must also be eligible to work in German