Johannesburg, South Africa
1 day ago
Junior Swap Trader | Global Markets
Job Description

To assist with day-to-day trading activities and support more seasoned traders in optimising the desk's performance. Engage in market analysis, trade execution, and manage assigned portions of the trading book. Adhere to risk, compliance, and performance standards while aiming to contribute to the desk's profit targets.

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.

United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.

Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who has an interest / experience in:

Interest in understanding the impact of global economic indicators and the impact it has on emerging markets.Interest in staying abreast of global trends and broader macro environment.Position Keeping and Risk Adherences:Understanding of basic risk profile of the trading book , ensuring trades are timeously captured and system risk is updated as expected.Performing intraday profit and loss attributions for the trading bookSubmitting profit and loss submissions timeously and checking this against official finance revenue. Responsible for driving investigations and remediation of this.Establish relationships with relevant stakeholders :Open to learning and asking questions on an ongoing basis.Communicate effectively with internal stakeholders in broader trading /sales teams. Share information with the team and leverage team to enhance learning opportunities.Flag opportunities to use technology to improve processes.Meet set turnaround times while ensuring own availability, reliability, and accuracy.Personal:Maintain a positive attitude and respond openly to feedbackHandle stress in ways that does not negatively impact othersWorks well under pressure.Act in an ethical transparent and morally defensible manner including highlighting unethical practicesShare debate and communicate learningsFlag and debate issues constructivelyPromote a friendly cooperative climateAct speedily to resolve problems queries and complaintsTake ownership of personal career development leveraging formal and informal opportunities

You will be an ideal candidate if you:

Type of Qualification: Post Graduate DegreeField of Study: Mathematical Science, Mathematics of Finance, Actuarial Science, Financial Risk Management, Mathematical Statistics, Quantitative Finance and EconometricsAdvantageous: FRM, PRM, CQF or CFA1-4 years’ experience and exposure to Market Risk, Global Markets or related Financial Risk functions would be beneficial. Good understanding of Market Risk as a control function including proficiency in market risk identification, measurement, analysis, and reporting. Knowledge of Global Markets products, their valuations and the use of associated risk sensitivity measures to inform risk-based decisions. Basic coding and report building would be beneficial.Preferred Candidate : 1-4 years of front office experience

You will have access to:

Opportunities to network and collaborateChallenging workingOpportunities to innovate

We can be a match if you are:

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough toObsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do itLove putting our clients at the forefront of what you do

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

07/02/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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