Primary Purpose
Manage the liquid asset portfolio optimally for high yield whilst maintaining other bank regulatory metrics. Deliver high-standard work and be comfortable with change. Tactical trading in money market instruments to deliver performance vs budgets, identify and address risk and maximize opportunities. Build on the organization’s trading by formulating options or hedging strategies. Optimize funding mix and funding cost while ensuring risk and liquidity levels are aligned with the overall strategy of the bank.
Minimum Requirements
Qualifications
Honours in Finance or SimilarCFA/FRM (Ideal)ACI Dealing Certificate/ ACI operations certificate (preferably BCom or similar)FAIS RE5 and or RE1Experience
At least 10 years of experience Trading in international marketsGood MS Office skillsAdvanced ExcelKNOWLEDGE, SKILLS AND ABILITIES REQUIRED
General understanding of a bank’s balance sheet, Regulations relating to Banks, Basel Framework, FAIS, Accounting Standards relating to hedge accounting, and other regulatory developments.Strong analytical skills and high attention to detailData analytics using excel and other tools.People management experienceStrong understanding of prudential requirements for banksCreative and lateral thinking as well as an intellectually curious mindAbility to structure complex tasks in a goal-oriented way and deliver innovative solutions under tight timelines.Identify developments in products and maintains business relationship with stakeholders.Full understanding of local and international market dynamics.Knowledgeable of various Global Markets products in Rates/Credit andCommodities including other derivatives that can be used to achieve targets without exposing the Bank to unnecessary risk.Good MS Office skillsAdvanced ExcelDuties and Responsibilities include but not limited to:
CUSTOMER CENTRICITY
Focus on client service in building bank balance sheet
A keen interest in supporting business development and contributing to the commercial success of the bank through client service.Manage the day-to-day operations with due cognisance of:Levels & quality of service delivery as experienced by internal & external stakeholders.Responsiveness: Speed of responses, reaction time, going the extra mile, turnaround timeDegree of customer satisfactionOPERATIONAL EXCELLENCE
FINANCIAL MANAGEMENT
This position is advertised in line with our commitment to Employment Equity.