Electronic Trader at Absa Group Limited (Absa)

Job Summary

Reporting into the Head of Equity Trading and dotted line into the Head of Electronic Sales. This person would be responsible for managing the direct market access client portfolios and Program trading for clients daily. Other activities include project managing and testing of Absa’s algorithmic trading programs, monitoring electronic trading risk and reconciling profit and loss on a day to day basis. Expected to have a robust dialogue with the dealer community, internal Absa developers, back and middle office to push through business enhancing changes and deep knowledge on JSE market structure to support the Algo / HFT business. This role forms part of our drive to modernise trading within the bank such that the Bank becomes a market leader in Electronic Trading. The role will also need to cover technology trends and evolution, so the bank remains relevant in the space and our technology remains cutting edge.

Job Description

Education and Experience Required:

• Minimum of a Bachelor of Computer Science / BCOM Investment Management / Finance
• Minimum of 5 years experiences in Trading / Electronic Trading / Program Trading and overall trading technology
• Development skills advantageous

Knowledge & Skills:

• Experience trading on JSE equity market
• Knowledge of Program / algorithmic trading
• Knowledge of high frequency trading business and client base
• In-depth technical knowledge of HFT trading systems and setup.
• Proficient in MS office and with basic macro programming skills and knowledge
• Understanding of financial markets and JSE trading system

Competencies:  

• Technically strong
• Mathematically strong
• Problem solver who is creative and innovative
• Entrepreneurial
• Team player
• Motivated with a passion for the industry

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Closing Date: 19th, July 2022