Job Opportunities 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

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Job Purpose

• Control: To assist the manager in ensuring product control by managing the validation and running of rates; trade amendments; market valuations; profiles and portfolios in order to achieve Nedbanks strategic objectives.Settlement: To minimise losses and reduce overall cost of operations in order by ensuring all trades are confirmed and settled according to timelines in order to achieve Nedbanks strategic objectives.

Job Responsibilities

• Control daily rate resets, trade amendments, user access, portfolio creation, market to market valuations by confirming Reuters feed into trading systems.
• Contribute to system projects by running test cases and confirming systems validity.
• Provide advice on system products by solving queries timeously.
• Ensure trades are settled by making sure there is sufficient script to settle the trades.
• Minimise losses and reduce overall cost to business by ensuring all trades are confirmed and settled asper agreed timelines.
• Deal with queries by liaising with stakeholders and internal clients to avoid failed trades and penalties(reputational risk).
• Manage internal and external client satisfaction by building and maintaining relationships, understanding client needs and delivering services to meet client requirements.
• Collaborate with internal and external stakeholders by building and maintaining relationships and giving and receiving feedback.
• Monitor own performance by tracking against performance goals and taking corrective actions.
• Manage staff and resource plans by ensuring accountability in task and/or project allocation.
• Manage operating risks at targeted levels by driving compliance to internal and external guidelines, policies, procedures, business rules, regulatory needs, defined parameters and compliance/governance requirements.
• Manage risk in business area by analysing and taking action regarding regulatory and audit reports.
• Resolve work obstacles by putting contingency plans in place and taking corrective action.
• Contribute to policy, procedures and standards development by making recommendations for improvement.
• 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.
• 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.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce, and Honours Qualifications

Essential Certifications

• ACI certification (ACI - Governing Body)
• Applicable market and regulatory qualifications (RPE, ACI, JSE Traders Exam, FAIS)
• JSE registered persons examinations
• JSE Exams

Preferred Certifications

• Bonds Settlement Officer
• Derivatives Compliance Officer
• Equity Settlement Officer
• Registered Persons Exam (RPE)

Minimum Experience Level

• 5 years experience in financial markets

Technical / Professional Knowledge

• Business writing
• Communication Strategies
• Data analysis
• Industry trends
• Principles of project management
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Cluster Specific Operational Knowledge
• Asset Risk Management

Behavioural Competencies

• Coaching
• Communication
• Continuous Learning
• Decision Making
• Planning and Organizing
• Technical/Professional Knowledge and Skills