Specialist, Trade Support, Vanilla needed at Standard Bank Group

Save 3 hours ago

Job title : Specialist, Trade Support, Vanilla

Job Location : Gauteng, Johannesburg

Deadline : November 28, 2024

Quick Recommended Links

Qualifications

Minimum Qualifications

  • Bachelor’s Degree in Business Commerce (Required)
  • Postgraduate Degree in Finance and Accounting (Preferred)

None Negotiable:

  • Proven knowledge of interest rate derivatives, money market trading, fixed income as well as markitwire.
  • Experience in trade support or a similar role within a financial institution.
  • Excellent analytical and problem-solving skills, with the ability to work collaboratively in a fast-paced environment.
  • Strong attention to detail and the ability to manage multiple tasks simultaneously.

Experience Required
Trade Support Operations

  • 1-2 years in team management, with the ability to prioritize tasks to meet specific targets (Required).
  • 3-4 years of proficient technology experience with quick adaptability to desk-specific systems and software (Required).
  • 5-7 years Advanced experience in the Trade Lifecycle in a Global Markets environment.
  • 5-7 years Seasoned knowledge and understanding of trading environment (end-to-end value chain) as well as manual process complexity and trading systems.

Additional Information

Key Responsibilities:

  • Lifecycle Management: Manage the structures necessary to administer deals throughout their lifecycle, from inception to settlement.
  • Process Oversight: Understand and handle the operational aspects of products, ensuring timing and execution of process flows are optimized.
  • Regulatory Compliance & Risk Mitigation: Collaborate with teams to ensure all trades comply with industry regulations and minimize operational risks associated with the Trade Lifecycle.
  • Trade Booking and Allocation: Oversee the accurate booking and allocation of trades, ensuring they are tracked, validated, confirmed, and settled within market deadlines.
  • Plan, Coordinate, and Monitor: Oversee day-to-day vanilla and manual intervention trades, ensuring smooth execution and settlement.
  • Client Data Management: Provide guidance to teams for maintaining complete and accurate trade data, ensuring timely processing and settlement.
  • Query Resolution: Address and remediate escalated issues and queries, ensuring compliance and enhancing the client experience.
  • Market Data Management: Ensure accurate reporting and communication of market data to clients and Global Markets Desks, facilitating effective risk management.
  • Trade Expiries Monitoring: Keep clients and desks informed of trade expiries and ensure timely payment and settlement processes.
  • Operational Excellence: Monitor and escalate operational issues, utilizing root cause analysis for continuous improvement.
  • Product Support: Provide subject matter expertise to stakeholders regarding trade support requirements in new product development and activations.
  • Reporting: Contribute to the development of reports and management information, tracking performance and providing insights for informed decision-making.
  • Stakeholder Engagement: Build strong relationships with internal and external stakeholders to resolve complex issues collaboratively.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • Accounting / Financial Services  jobs

Share this job