Jobs

Nedbank is hiring a Junior Equity Trader – Cape Town

admin March 20, 2023

2 minutes read

DEADLINE: Not Specified

Nedbank is hiring a Junior Equity Trader – Cape Town

Job Purpose

To act as an intermediary between equity traders and key institutional clients to maximise commission revenue, ratings, and market share in achievement of Nedbank’s’ strategic objectives.

Job Responsibilities

Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g., staff surveys etc).
Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
Ensure efficiency of support staff by tracking progress of allocated responsibilities and acting where required.
Ensure all clients are set up according to Nedbank internal; JSE and other regulatory bodies.
Manage defined risk categories at targeted levels driven by internal and external guidelines; and regulatory/compliance/governance requirements.
Provide quality; timeous and value-adding reports on market activity. Understand the mechanics and drivers to trade all equity products within the required frameworks.
Identify and resolve any issues immediately and keep risks to a minimum by ensuring that all clients receive correct contract notes and reporting timeously.

People Specification

Establish sound working relationships with the team through information sharing and adding value to each other’s daily tasks.
Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned. Identify training courses and career progression for self through input and feedback from management.
Ensure all personal development plan activities are completed within specified timeframe.
Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
Obtain buy-in for developing new and/or enhanced processes (e.g., operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.

Essential Qualifications – NQF Level

Professional Qualifications/Honour’s Degree

Essential Qualification

Bachelor’s degree in Finance, Economics, or a related field
Relevant Honours degree, CFA (Chartered Financial Analyst or studying towards completing this qualification)