FNB Learnerships – Money Market Trader

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:

• Esnure resolution of customer queries and complaints timeously and ownership of issues
• Analyse customer feedback to help improve customer service
• 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
• Understand all Money market and Fixed income instruments to optimise cross sell ability within the related trading desk
• Liaise with various banks and institutional clients on money markets
• Ensure full understanding of customer needs to deliver a quality service
• Ensure customer service solutions are aligned to the business operational plan; Organisational values and service standards
• 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
• Perform various compliance-related tasks to ensure the Trading desk remains compliant with policies, procedures, and regulations
• Act as the project-lead for all trading processes initiatives, working with systems technology, risk, and other peers, to drive initiatives to completion
• 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
• 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
• 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

Qualification & Experience:

• Competencies
• Analytical Thinking
• Resilience and Stress Management
• Verbal and Written Communication
• Bloomberg, Murex and Excel
• Market Analysis
• 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
• Judgement and Decision-making
• Negotiation and consensus building
• 3 to 5 years product, finance, or trading money markets experience in a financial industry environment, of which 1 to 2
• years ideally at a junior specialist level
• Knowledge Required
• Business Insight and Risk Awareness
• Commercial and Financial Acumen

Job Details:

Company: FNB South Africa

Vacancy Type:  Full Time

Job Location: Johannesburg, Gauteng, South Africa

Application Deadline: N/A

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