Senior Specialist: Trade Control at Liberty Group South Africa

Purpose

• The Trade Controller is responsible for ensuring that all daily operational activities within the middle and back-office environment are executed accurately and taking on a team leader role to assist the Head of Trade Control.

Key Responsibilities
Responsibilities will include, but are not limited to:

• Oversight of trade capture processes to ensure all trades are booked accurately specifically but not limited to derivatives and structured trades.
• Be and escalation point for the resolution of position breaks across multiple reconciliations.
• Working closely with the front, back offices, risk and product control to resolve breaks.
• Ongoing trade maintenance
• Managing trade life cycle events such as resets and expires
• Supporting the Trading Desk in a timely and accurate manner
• Supporting the business in new deal approvals and formulation of target operating models for new deals and for the review of existing deals
• Ensuring a smooth month end close process
• Carrying out project work which could include operationalize new regulation, Root Cause Analysis, Risk Control Self Assessments, Training materials and transaction reviews

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 08] in Finance Economics and Accounting

Experience

• Minimum 7 years' experience in an investment banking / Treasury/trading environment, specifically in middle office trade support, or equivalent role

Knowledge

• Extensive understanding of OTC Derivative instruments / Exchange Traded Derivatives / Fixed Income Securities / Equity products
• Exposure to trade settlement processes (OTC derivatives and exchange settled trades will be beneficial

Job Related Skills
Key traits – critical thinking, proactive approach, self-motivated

• An eye for the detail and know how to fit them together to form a bigger picture.
• Highly proactive; able to identify problems and seek solutions
• Build Relationships: Establish and maintain positive working relationships with others both internally and externally to achieve the strategy of Libfin.
• Communicate Effectively: Speak, listen and write in a clear, thorough and timely manner using appropriate and effective communication tools and techniques.
• Focus on Client Needs: Anticipate, understand, and respond to the needs of internal and external clients to meet or exceed their expectations within Libfin.
• Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance effectiveness.
• Make Decisions: Assess situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the organization.
• Solve Problems: Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.