3 hours ago
Job title : Specialist, Trade Support, Vanilla
Job Location : Gauteng, Johannesburg
Deadline : November 28, 2024
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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
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