About the Company
Capi helps businesses in Africa pay their international suppliers quickly and efficiently. Capi started with Y-Combinator Summer 2023 program, coming out of it successfully and since then we’ve raised over $18m across Seed and Series A (Q4 2024) and are on a fast growth trajectory globally with almost 80ppl; we’ve recently hit a milestone as we crossed $1BN in annualized volume and $10m in annualized revenue for the first time!
Working with SMEs in Africa is opening the door for us to have an economical impact on African markets by allowing businesses to pay suppliers and partners through our platform - we are currently live across Senegal, Ivory Coast, Cameroon, Kenya, and Mali, with many more coming soon.
Our team is made up of approx 75 people across 7 countries; we are a group of a highly-ambitious, get-it-done people, who like to work hard on something that has a tangible impact in the world. And we’re looking for more people to join our team!
Role Overview
As an FX Trading Principal at Capi, you will play a critical leadership role in the execution and strategic management of the company’s FX activities across emerging and developed markets. Reporting directly to the Head of Treasury, you will take ownership of market-making, risk mitigation , and relationship development with counterparties, delivering consistent value to the Treasury P&L.
This role demands deep expertise in African and EM currencies alongside strong coverage of G10 products. You will be responsible for driving trading strategy, cultivating institutional and banking relationships, and mentoring junior team members. The position offers significant cross-departmental exposure and the opportunity to influence Capi’s long-term Treasury strategy while contributing to the company’s rapid global expansion.
Key Responsibilities
Execute and oversee FX market transactions, ensuring disciplined risk management and compliance with company thresholds.
Execute on the Treasury’s P&L priorities with a focus on revenue growth, cost efficiency, and liquidity optimisation.
Provide macroeconomic insights and market intelligence to inform corporate decision-making and product design.
Build, strengthen, and manage relationships with local and international banks, counterparties, and regulators across multiple regions, particularly Sub-Saharan Africa.
Develop, backtest, and implement advanced trading strategies, tools, and platforms to enhance execution, speed, and market access.
Mentor and train associates and treasury staff to strengthen the team’s market knowledge and execution capabilities.
Lead the assessment of new FX products, payment systems, and markets to expand trading opportunities.
Represent Treasury in cross-functional projects, supporting global expansion and capital flows into new markets.
Requirements
10+ years’ experience in FX trading, market making, or treasury roles within financial institutions, brokerages, or fintechs.
Demonstrated expertise in emerging market currencies, particularly African FX, and strong knowledge of G10 FX.
Proven track record in a P&L generating position and delivering consistent revenue growth.
Advanced understanding of financial risk management principles, in particular FX/liquidity, and hedging strategies.
Strong macroeconomic awareness and analytical skills, with the ability to interpret complex market dynamics.
Exceptional communication and relationship-building skills, with established networks across financial institutions and regulators.
Ability to perform under pressure with precision, discipline, and emotional control in fast-moving market conditions.
Proficiency in Bloomberg, Refinitiv/Reuters, 360T, and Treasury Management Systems.
Fluency in English
Nice to Haves
Direct experience working with African local banks and central banks.
Fluency in French
Track record of scaling trading businesses in fintechs, startups, or high-growth companies.
Experience with multi-currency corporate treasury operations across Africa, Europe, and the Middle East.
This is a full time position with competitive salary + benefits (including equity)
The start date is Q1 or early Q2 2026 (we are aware people will have notice periods and we will accommodate accordingly)
Location: This role can be based in any of our main offices and will require 3 days per week in the office
Capi is an equal opportunity employer and welcomes candidates from diverse backgrounds. We’re all about building a diverse, inclusive team at Capi. Whoever you are, we’d love to hear from you. If there’s anything you need to make the interview process easier—whether it’s accessibility support, a different format, or just a heads-up about what to expect—just let us know, we’re happy to help.
