(735) Associate Financial Markets Specialist - FMD at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Write and present reports on research and analysis conducted on market operations and investments. 
• Represent the SARB and participate in internal and external committees. 
• Conduct operations for the purpose of implementing monetary policy, such as auctions for liquidity management, and on behalf of government (bond auctions and Treasury bill auctions) and capture trades such as CPD investments and financial markets transactions for liquidity management.
• Undertake investments for the CPD in accordance with investment guidelines, operational requirements and policies and legislation.
• Assist financial markets specialists with committee administrative duties and ad hoc tasks, as required.
• Coordinate the collection of financial market data and maintain a database thereof.

Qualifications

Job requirements

To be considered for this position, candidates must be in possession of: 

• an Honours degree (NQF8) in Economics, Accounting, Actuarial Science, Financial Engineering, Mathematics of Finance, Finance or an equivalent combination of qualifications in the required field and job-related experience; and
• at least three to five years’ work experience in the financial markets environment.

The following will be an added advantage:

• a Chartered Financial Analyst (CFA) qualification; 
• knowledge and skill in:
• money market operations; 
• financial mathematics;
• domestic and international interest rates;
• bond markets;
• interest rate products; 
• market intelligence; 
• the investment industry;
• money market fund management;
• research methodologies;
• Reuters and Bloomberg; 
• the management of stakeholder relationships; 
• project management; and 
• relevant policies and procedures.