Senior FX Trader
VertoFX
London, UK
Location
London 🇬🇧
Address
London, London
Employment Type
Full time
Location Type
Hybrid
Department
Trading & FX
About Verto
At Verto, we're on a mission to democratise global finance and empower businesses in Emerging Markets to reach the world. Founded by British-Nigerian entrepreneurs Ola Oyetayo and Anthony Oduu, our roots in Africa provided a firsthand understanding of the significant challenges businesses face with cross-border payments, ranging from illiquid currencies and high fees to slow transactions. This deep-rooted insight is why Africa remains a core focus, as we're committed to bridging the gap between emerging and developed markets and fostering global economic growth.
What started as an FX solution for the Nigerian Naira has evolved into a market-leading platform, enabling thousands of businesses to seamlessly transfer billions of dollars annually. We believe that where you do business shouldn’t determine your success or ability to scale. We're creating equal access to the easy payment and liquidity solutions that are already a given in developed markets.
We're not alone in realising this crucial need; we're backed by world-class investors including Y-Combinator, Quona, and MEVP. With Verto receiving the Milken-Motsepe Prize, appearing on CNBCs list of fastest growing UK companies, the Deloitte Fast 50 and Sifted’s fastest-growing UK tech companies, we are building a seamless cross-border payment future.
Join us as we continue to grow and transform global finance.
Role Overview:
We’re seeking a driven and results-oriented Senior FX Trader who is excited to lead our trading efforts in high-growth, complex currency corridors. In this role, you will be expected to achieve key milestones such as optimising P&L performance across our core EM books, expanding our liquidity network to ensure best-in-class execution, and driving the scaling of our automated trading ecosystem. You will play a pivotal role in Verto’s mission to institutionalise FX access in frontier markets, leveraging your expertise in market making and risk management to provide seamless liquidity for our global client base.
In this role you will:
Drive sustainable P&L growth by managing a high-velocity flow book, balancing institutional liquidity with platform-driven demand to capture optimal spreads.
Spearhead market-making strategies in illiquid corridors (NGN, KES, TZS), establishing Verto as a reliable price-maker during peak volatility and market openings.
Optimise portfolio yield through sophisticated position management, utilising deep market insights to navigate the divergence between official and parallel market rates.
Enhance capital efficiency by implementing advanced liquidity management techniques and optimising settlement cycles across multi-jurisdictional accounts.
Drive profitability by aggregating fragmented liquidity flows into executable wholesale positions.
Scale Verto’s market footprint by diversifying our counterparty network, including Tier-1 banks, local liquidity providers, and institutional speculators.
Mitigate balance sheet risk through proactive hedging and the use of forward-dated instruments to protect against macro-economic shifts in emerging economies.
Champion operational excellence by ensuring all trading activities align with global safeguarding standards and internal risk appetite frameworks.
Accelerate the transition to a low-touch trading environment by collaborating with Product and Engineering teams to automate core execution and settlement workflows, driving operational scalability and increasing Straight-Through Processing (STP) rates
You’ll be responsible for:
Active Book Management: Overseeing the daily trading book, managing net open positions (NOP), and making data-driven decisions on risk retention vs. external hedging.
Strategic Price Discovery: Synthesising global macro data and local market intelligence to provide competitive, real-time pricing across the Verto platform and OTC desk.
Execution Leadership: Managing high-value OTC transactions and maintaining professional execution standards across all institutional communication channels.
End-to-End Trade Oversight: Collaborating with Middle Office and Treasury to ensure seamless physical delivery, particularly in markets with complex regulatory or liquidity constraints.
Risk & Compliance: Maintaining a rigorous control environment, ensuring all trades are executed within credit limits and meeting safeguarding requirements.
Counterparty Relationship Management: Acting as a key point of contact for liquidity providers and institutional clients, fostering long-term partnerships built on execution quality.
Product Collaboration: Partnering with Product and Engineering teams to refine automated pricing algorithms and internal trading tools for better scalability.
Market Analysis: Providing regular insights and updates on emerging market trends to internal stakeholders to inform broader business strategy.
Skills and Qualifications
Education: A University degree (preferably in Finance, Economics, or a quantitative field) is required.
Experience: 5+ years of experience in FX Trading or Market Making, with a demonstrable track record in Emerging or Frontier Markets.
Market Insight: A deep understanding of the structural nuances of African and EEMEA markets, including regulatory hurdles and liquidity dynamics.
Technical Proficiency: Advanced knowledge of Bloomberg and trading platforms; experience with algorithmic or platform-based trading is a significant plus.
Quantitative Skills: Strong ability to analyse complex data sets to identify pricing trends and optimise risk-adjusted returns.
Communication: Elite negotiation skills and the ability to represent the firm professionally in fast-moving, high-stakes environments.
Life At Verto
Perks
Insurance paid by the company
Health and wellness benefits (with specific added benefits depending on the location of the role)
Yearly salary review based on inflation, personal and business performance
Access to entire Udemy’s library
Budget for professional development courses
Work-From-Anywhere policy for certain durations
Integration programme (opportunity to work from our global offices)
Regular team social events
Pension scheme (depending on the role location)
Flexible work arrangements
Exposure to work with globally distributed teams
Location specific benefits like car lease policy, cycle to work, gym membership, etc.
You’ll Fit Right In If You
Love asking “why?”
Value solving problems over just completing tasks
Understand sync vs. async communication practices
Thrive in ambiguity and change
Actively seek feedback
Prioritise impact over activity
Are fun to work with - we love good humour!
Culture
Mission-Driven Impact Work: Be at the forefront of simplifying cross-border payments, directly contributing to a borderless future for global businesses, particularly in emerging markets.
High Performance & Ownership: We empower you to take risks, be results-driven, and take ownership. Act fast, deliver impactful results, and make the impossible possible. We set you up for success.
Collaborative & Supportive Environment: We work "as one," sharing successes and failures openly. We foster a transparent, supportive atmosphere where everyone does their best. A community of colleagues from varied backgrounds, who care deeply about their craft, collaborate with purpose, and enjoy the journey together.
Industry Competitive Compensation & Benefits: We compensate our employees in recognition of the great value they bring to the business; our compensation and benefits package are competitive in the industry across all our geographies. This includes performance based salary reviews, comprehensive health and wellness benefits, generous paid time off and flexible working arrangements to support your career and life.
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Our Core Values: Our core values mirror the focus we have, energy we bring to work and shared expectations within the team.
Champion the Mission: We are driven by curiosity and belief to solve cross-border payments pain points globally.
Be the Best: We are open, take appropriate risks, adopt a results-driven approach, and are the best at what we do.
Work as One: We are transparent with sharing failures and mistakes as well as successes.
Go the Extra Mile: We deliver beyond what is possible. We make impossible possible.
Customer First: We are creative in solving existing problems and bold in designing a new and better experience for customers.
Run with It: We are determined, seek challenges, take ownership of tasks, act fast and deliver results.
Diversity & Inclusion at Verto
Verto is an equal opportunities employer and we value diversity. Anyone seeking employment at Verto is considered based on Merit, Competence, Qualifications and their Talent. We are proud to be a truly international team and we do not discriminate in our hiring process.