Other · Full-time
Direct employerTrade Support Specialist, Vanilla
Published by employer
About this role
Role overview
Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
Middle Office/Trade support for the Africa Trading Desk, with expanded responsibility for Money Markets and Interest Rate Derivative (IRD). Supporting Global Markets Clients and our Sales and Trading business, in managing and facilitating the operational trade lifecycle (including allocating, validating and enriching trades, identifying and resolving exceptions and queries and implementing continuous improvement measures) to support trades originating on Global Markets Desks ensuring that trades can be effectively settled, comply with regulatory standards, mitigate operational risk and create a positive client experience.
The successful candidate will be responsible for providing operational support to the Africa Trading Desk, including coverage on South African public holidays when required.
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Type of Qualification: First Degree
Field of Study: Business Commerce, Finance and Accounting, Mathematical Sciences
Experience Required
Trade Support
Operations
3-5 years Ability to self manage, coordinate across teams and stakeholders within business, operations, technology and finance.
3-5 years Advanced experience in the Trade Lifecycle of Global Markets environment. Covering multiple products ranging in complexity in Interest Rate Swaps, Total Return Swaps, Structured Notes, Bonds, Options, Loans and Deposits, Non Deliverable Forwards, FX Spots, FX Forwards, FX Swaps,
3-5 years Principles and practical application of pricing and risk management and the impact of these on risk, P&L and entire value chain.
3-5 years Proficient technology experience and the ability to manage desk specific systems, software and processes, including Microsoft applications and other banking industry systems.
3-5 years Seasoned knowledge and understanding of trading environment (end-to- end value chain) across products / instruments traded with system and manual process complexity.
Behavioural Competencies
- Adopting Practical Approaches
- Articulating Information
- Challenging Ideas
- Checking Things
- Conveying Self-Confidence
- Developing Expertise
- Documenting Facts
- Examining Information
- Following Procedures
- Interacting with People
- Interpreting Data
- Inviting Feedback
- Managing Tasks
- Meeting Timescales
- Producing Output
- Pursuing Goals
- Showing Composure
- Team Working
- Thinking Positively
- Upholding Standards
Technical Competencies
- Business Process Improvement
- Continuous Process Improvement
- Deal or Trade Life Cycles
- Deal Set-up & Administration
- Derivatives Markets
- Evaluation of Internal Controls
- Exception Handling
- Manual Deal or Trade Processing
- Process Analysis and Redesign
- Product Knowledge (Trading, Transacting)
- Query Resolution
- Technology Savvy
Additional Information
