Description
Main purpose of the job
To work as a member of the foreign exchange and money market dealing team, executing client requests according to client mandates.
Key responsibilities
Foreign exchange execution (spots, forwards, swaps)
Money market cash execution
Managing foreign exchange exposures, money market portfolios – where applicable against specified benchmarks
Liaison with clients regarding foreign exchange and cash requirements
Liaison with banks regarding market movements and products
Develop an understanding of client businesses and investment mandates; monitor markets for opportunities/threats to client portfolios
Monitor news, market information and research
Contribute to daily and weekly economic reports
Maintain market rates environment and provide rates and economic data to clients
Requirements
Qualifications:
BCom or relevant financial markets degree
RE5 qualification (advantageous)
ACI Dealing Certificate (advantageous)
Experience:
Foreign exchange and money market trading experience, preferably in a corporate treasury environment, with knowledge of relevant instruments and pricing
Minimum of two years’ foreign exchange trading experience in the market (essential)
Understanding of macro-economic and business environment
Basic economic report writing
Proficiency in MS Word and Excel
Technical analysis (advantageous)
Proven ability to work independently
Skills / Competencies
Strong mathematical and numerical skills, including basic financial calculations
High level of accuracy and attention to detail
Ability to remain calm under pressure with good time management
Strong sense of responsibility, commitment, and service orientation
High ethical and professional standards
Flexibility (client requirements may vary)
Strong interpersonal skills with the ability to build and maintain relationships with clients, banks, and colleagues
Salary - R350 000 - R400 000pa
Send cv to michelle@toptalentps.co.za