Junior Equity Trader at Nedbank

Job Purpose

• To act as an intermediary between equity traders and key institutional clients to maximise commission revenue, ratings, and market share in achievement of Nedbank’s' strategic objectives.

Job Responsibilities

• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g., staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Ensure efficiency of support staff by tracking progress of allocated responsibilities and acting where required.
• Ensure all clients are set up according to Nedbank internal; JSE and other regulatory bodies.
• Manage defined risk categories at targeted levels driven by internal and external guidelines; and regulatory/compliance/governance requirements.
• Provide quality; timeous and value-adding reports on market activity. Understand the mechanics and drivers to trade all equity products within the required frameworks.
• Identify and resolve any issues immediately and keep risks to a minimum by ensuring that all clients receive correct contract notes and reporting timeously.

People Specification

• Establish sound working relationships with the team through information sharing and adding value to each other's daily tasks.
• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned. Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g., operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Essential Qualification

• Bachelor’s degree in Finance, Economics, or a related field
• Relevant Honours degree, CFA (Chartered Financial Analyst or studying towards completing this qualification)

Essential Certifications

• Relevant Registered Persons Exams (RPE)

Essential Certifications

• JSE Traders Exam

Minimum Experience Level

• 3 - 5 years relevant trading experience

Technical / Professional Knowledge

• Business writing
• Communication Strategies
• Data analysis
• Financial markets
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Relevant regulatory knowledge
• Decision-making process
• Business Acumen

Behavioural Competencies

• Applied Learning
• Collaborating
• Decision Making
• Energy
• Stress Tolerance
• Adaptability