Specialist, Trade Support, Vanilla at Standard Bank Group

Qualifications

Minimum Qualifications

• Bachelor’s Degree in Business Commerce (Required)
• Postgraduate Degree in Finance and Accounting (Preferred)

None Negotiable:

• Proven knowledge of interest rate derivatives, money market trading, fixed income as well as markitwire.
• Experience in trade support or a similar role within a financial institution.
• Excellent analytical and problem-solving skills, with the ability to work collaboratively in a fast-paced environment.
• Strong attention to detail and the ability to manage multiple tasks simultaneously.

Experience Required
Trade Support Operations

• 1-2 years in team management, with the ability to prioritize tasks to meet specific targets (Required).
• 3-4 years of proficient technology experience with quick adaptability to desk-specific systems and software (Required).
• 5-7 years Advanced experience in the Trade Lifecycle in a Global Markets environment.
• 5-7 years Seasoned knowledge and understanding of trading environment (end-to-end value chain) as well as manual process complexity and trading systems.

Additional Information

Key Responsibilities:

• Lifecycle Management: Manage the structures necessary to administer deals throughout their lifecycle, from inception to settlement.
• Process Oversight: Understand and handle the operational aspects of products, ensuring timing and execution of process flows are optimized.
• Regulatory Compliance & Risk Mitigation: Collaborate with teams to ensure all trades comply with industry regulations and minimize operational risks associated with the Trade Lifecycle.
• Trade Booking and Allocation: Oversee the accurate booking and allocation of trades, ensuring they are tracked, validated, confirmed, and settled within market deadlines.
• Plan, Coordinate, and Monitor: Oversee day-to-day vanilla and manual intervention trades, ensuring smooth execution and settlement.
• Client Data Management: Provide guidance to teams for maintaining complete and accurate trade data, ensuring timely processing and settlement.
• Query Resolution: Address and remediate escalated issues and queries, ensuring compliance and enhancing the client experience.
• Market Data Management: Ensure accurate reporting and communication of market data to clients and Global Markets Desks, facilitating effective risk management.
• Trade Expiries Monitoring: Keep clients and desks informed of trade expiries and ensure timely payment and settlement processes.
• Operational Excellence: Monitor and escalate operational issues, utilizing root cause analysis for continuous improvement.
• Product Support: Provide subject matter expertise to stakeholders regarding trade support requirements in new product development and activations.
• Reporting: Contribute to the development of reports and management information, tracking performance and providing insights for informed decision-making.
• Stakeholder Engagement: Build strong relationships with internal and external stakeholders to resolve complex issues collaboratively.