Thursday , September 28 2023

FNB Learnerships – 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:

  • 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

Apply Here

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