Junior Associate Dealer at Old Mutual

Job Description

The role includes the following responsibilities:

• Monitors equity, fixed income and money market, commodity and currency markets.
• Assist with and support our digital direct offering to clients through deal execution, content management and platform support for this capability
• Receives buying and selling orders for implementation & execution.
• Determines, implements and adopts appropriate tactics to implement orders and ensures equitable allocation of trades between portfolio managers.
• Provides support function on all areas of transaction execution.
• Maintains communication with local and international stock brokers.
• Performs market and investment opportunity analysis.
• Provides input to the business with financial market news, corporate action announcements and general economic environment
• Processing of off-market deals and reporting to administrators).

Qualifications and Experience required:

• Relevant tertiary qualification
• At least 2 years relevant working experience
• JSE/RPE trading exams would be beneficial
• Assists with the formulation, revision and implementation of investment plans which may include fixed income, equity, property and foreign exchange portfolios and economic views. Performs investment research, monitors developments in security markets and liaises with tax attorneys or accountants to determine legal consequences of investment decisions. Gathers and interprets data, monitors financial performance, and prepares reports supporting portfolio managers.

Responsibilities

• Financial Management and Control
• Track progress against budgets within established finance systems, and report variances to more senior colleagues.
• Financial Policies, Guidelines, and Protocols
• Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.
• Data Collection and Analysis
• Collate and analyze data using preset tools, methods, and formats. Involves working independently.
• Document Preparation
• Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.
• Investment Management
• Support the investment team on more-complex activities by monitoring financial performance and preparing ad hoc reports using a wide variety of existing processes, procedures, and precedents.
• Solutions Analysis
• Interpret data and identify possible answers. Involves navigating a wide variety of processes, procedures, and precedents.
• Internal Communications
• Help others get the most out of internal communications systems by offering support and advice.
• Internal Client Relationship Management
• Build effective working relationships within the internal client organization, delivering high-quality professional services with guidance from senior colleagues.
• Data Management
• Help others get the most out of data management systems by providing support and advice.
• Personal Capability Building
• Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

• Accounting, Action Planning, Analytical Thinking, Budget Management, Client Management, Computer Literacy, Data Classification, Data Compilation, Data Controls, Data Modeling, Document Management, Evaluating Information, Oral Communications, Policies & Procedures

Competencies

• Business Insight
• Collaborates
• Communicates Effectively
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity

Education

• NQF Level 5 - Higher, Advance or Occupational Certificate or equivalent

Closing Date

• 06 February 2025 , 23:59