Dealer 1 at Sanlam Group

What will you do?

Under close supervision, assists with the raising, purchasing, selling and utilisation of funds which could include shares, securities, bonds, foreign exchange, money and capital market instruments, bonds and derivatives. May assist with cash management and foreign exchange exposure management. Maintains appropriate portfolio records databases and assists in the preparation of departmental reports. May be involved in building relationships with brokers.

What will make you successful in this role?

Roles and responsibilities

• You will be responsible day to day dealing activities in the money market instruments.
• Act as the liaison between portfolio managers and the marketplace and provide feedback concerning market developments and timing of the transactions.
• Inform the fund managers of the flows during the day.
• Liaise with other related areas within the company which will include the following, namely:
• Operations, regarding static data, trade queries, bookings and settlement issues.
• Business support: to ensure that instrument data integrity, including accurate pricing and correct static data, is maintained.
• Compliance and any other areas as needed.
• Assist other members of the Fixed Income team with data collection and model maintenance.
• Ensure that all money market trades are timeously executed, and reasons provided for any delays in trades being executed.
• Allocate completed orders to each portfolio for which trade was undertaken whilst taking into account the minimum ticket and incremental lot size as stipulated for each individual bond issue.
• Record trades as soon as possible after execution and provide reasons where this has not occurred.

Qualification and Experience

• BSc (Maths, Statistics, Actuarial Science) with 1 to 2 years related experience.
• BSc (Maths, Statistics, Actuarial Science) with 1 to 2 years related experience.

Knowledge and Skills

• Cash Management
• Foreign Exchange
• Portfolio fund administration
• Reporting and Administration
• Quality Assurance and compliance

Personal Attributes

• Interpersonal savvy - Contributing independently
• Decision quality - Contributing independently
• Action orientated - Contributing independently
• Optimises work processes - Contributing independently