Specialist Dealing and Risk Management at Sasol

Job description

Organizational Unit: Fin: Corporate Finance and Portfolio Management

Reports to: Senior Manager Cash Management

Purpose of Job /Role Intent:

• Manage the dealing desk, i.e trade money market and forex deals.
• Monitor commodity price risk, interest rate risk, liquidity risk, foreign exchange risk, credit risk and to recommend financial instruments or other hedging methods (where applicable) to be entered into in order to mitigate (hedge) the risk.
• Have a thorough understanding of the financial markets particularly the money market and it's instruments, the bond market, the foreign exchange markets (spots, swaps, forwards and options), the interest rate derivative market and the commodities market, and to use this knowledge to the benefit of the Group.

Minimum Qualifications and Experience required

• University Bachelor's Hons e.g B.Com Hons
• Minimum of 5 years relevant experience

Or

• Completed Bachelor's degree
• Minimum of 6 years relevant experience

Key accountabilities:

• Foreign exchange dealings
• Optimisation of the margin/spread on dealing transactions
• Accurate and unspeculative position management
• Adherence to and execution of the relevant treasury policies
• Accurate and timeous transaction execution and capturing
• Money Market
• Diligent and punctual adherence to counter-party limits
• Maximise the return on money market dealings
• Accurate and timeous transaction execution and capturing
• Cash Management & Cash Flow Forecasting
• Daily cash management and cash concentration
• Cash Flow Forecasting Group Summary
• Balancing of Cash Pools
• Risk management
• Assist with crude oil, other commodities, interest rate and foreign exchange risk management
• Monitor the market and recommend possible financial instruments for hedging (including the pricing thereof)
• Minimise cost on hedging transactions by obtaining the best pricing
• Accurate and timeous transaction execution and capturing
• Continuous improvement and communication
• Attend economic and financial market presentations
• Continuous communication with internal and external stakeholders
• Accurate & timeous feedback and reporting to management
• Continuous research on market risks and financial instruments

Functional Competencies

• Accounting
• Contributing to Organisational Operating Decisions
• Data Gathering and Analysis
• Financial Analysis
• Financial Operations
• Financial Planning and Reporting
• Financial Stakeholder Relations
• Financial Systems
• Legislative and Regulatory Compliance
• Risk Management
• Strategic Thinking/ Business Analysis