Junior Trader/Dealer, SA

 

Reporting Relation: Head of Dealing Desk

 

Purpose Of Job:

Effective multi-asset (equity, bond, FX, derivative) dealing.

 

Key Relations:

Fund managers, fund operations, dealers, external brokers/banks.

 

Qualification:

  • Relevant B Com Degree.

 

Experience & Computer Competency Requirements:

  • +/- 1 year in a similar environment
  • Working on trading/dealing desk
  • Portfolio and execution management systems / Bloomberg
  • Microsoft office

 

Knowledge:

  • Knowledge of financial markets
  • Knowledge of a trading/dealing desk

 

Kpa/ Strategic Business Deliverables:

Dealing:

  • Timeous implementation of all trades at optimal price levels, for multiple funds/teams
  • Capturing of unit trust trades and switches
  • Build relationships with brokers and PMs

 

Post trade:

  • Booking of trades into Bloomberg to allocate to portfolios
  • Work with PMs and fund operations in troubleshooting/query handling between trade and settlement

 

Cash management:

  • Work with PMs and fund operations to ensure cash yield is optimised in all portfolios
  • Capturing call trades, overdraft management

 

PM and Trading System:

  • Optimisethe  use of Bloomberg AIM, CURO reporting and inhouse implementation sheets
  • Identify areas of improvement on systems and processes

 

PM/Analyst Support:

  • Liaise with brokers/relationship managers in arranging analyst meetings, roadshows etc

 

Reporting:

  • Reporting on brokerage allocations, rating of execution by various brokers in determining brokerage allocation

 

Compliance:
Maintain communications with compliance relating to possible breaches and the rectification of such


General:

Keep a pulse on markets and flag anything potentially important to PMs/Analysts