FNB Careers – Money Market Trader

Website FNB South Africa

Job Description:

To execute daily treasury operations with a focus on money market instruments to optimise funding mix and funding cost while ensuring risk and liquidity levels are aligned with the overall strategy of the bank.

Job Responsibilities:

  • Judgement and Decision-making
  • Negotiation and consensus building
  • Bloomberg, Murex and Excel
  • Market Analysis
  • Consulting and Advising
  • Mathematical Acumen
  • Resilience and Stress Management
  • Verbal and Written Communication
  • Relevant Business Science Postgraduate Degree in Finance, Economics, Accounting, Engineering or Maths
  • Relevant MBA or Masters in Business Science, Finance, Economics, Accounting, Engineering or Maths
  • Business Insight and Risk Awareness
  • Commercial and Financial Acumen
  • Organisational Awareness

Job Requirements:

  • Ensure implementation of relevant policies, governance and practice standards across the business
  • Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements
  • Propose ideas to improve customer service
  • Conduct Treasury Bills, Call trades, NCD’s, FRN, Prime linkers and other short term interest rate products as part of the desk mandate
  • Collaborate closely with relevant business units and FNB product houses as per strategy to identify revenue opportunities
  • Drive opportunities for revenue growth and cost reduction such as adoption of digital and other self service options across client base
  • Liaise with the Risk team in designing trade architecture, trading policies and procedures, as well as trading record keeping
  • Develop business relationships with counterparties and investors to maximise credit lines from the market
  • Communicate how customer service solution will be implemented and secures buy-in
  • Ensure product knowledge and advice is technically accurate and provide customers with relevant information to keep them informed of products and service options
  • Monitor and project daily cash positions and execute money market transactions to ensure the funding mix and funding
  • cost are in line with the bank’s strategies and liquidity and interest rate risks are within pre-set risk
  • Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
  • Prepare periodic analysis of the desks cash flows, assets, and liabilities as well as market developments
  • Contribute to plans for growing the funding base and other businesses of the bank
  • Ensure full understanding of customer needs to deliver a quality service

Job Details:

Company: FNB South Africa

Vacancy Type:  Full Time

Job Location: Johannesburg, Gauteng, South Africa

Application Deadline: N/A

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