Sales Trader: Interest Rates

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Purpose

  • To provide fixed Income Sales coverage to both local and offshore Institutional clients, based in Johannesburg

Responsibilities:

‐ As a team member, you will be responsible for engaging daily with our local and offshore Institutional client base, working alongside our Principal Market makers and fellow team members, executing order flow and delivering a high quality, professional multi-asset service to such clients.
- ‐ Ensure thorough understanding of each client needs, meet those needs and build on relationships with new clients.
- ‐ Produce and deliver value-added content to our clients.
- ‐ Work closely with the Nedbank Research team, acting as a conduit between Research and our clients.
- ‐ Arrange client roadshows, engaging with clients.
- ‐ Minimize risk by ensuring all clients receive correct contract notes and timely reporting.
- ‐ Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
- ‐ Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate.
- ‐ Contribute to making the department a great place to work.
- ‐ Develop trusting internal relationships by addressing challenges effectively.
- ‐ Ensure all clients comply with Nedbank internal, JSE and other regulatory requirements.
- ‐ Adhere to internal and external risk guidelines and regulatory/compliance/governance requirements.
- ‐ Provide quality, timely and value-adding reports on market activities.
- ‐ Support the achievement of the business strategy, objectives and values.
- ‐ Identify and attend training courses and career progression for self.
- ‐ Ensure all personal development plan activities are completed within specified timeframe.
- ‐ Share knowledge and industry trends with team during formal and informal interaction
Essential Qualifications
NQF Level Matric / Grade 12 / National Senior Certificate
Preferred Certifications
- ‐ JSE FICC Registered Persons Qualification.
Minimum Experience Level
- ‐ 5 years' experience in FICC sales and trading.
Type of exposure

  • Daily interaction with Institutional clients, Fixed Income Traders
    Technical / Professional Knowledge
  • Banking knowledge
  • Change management
  • Data analysis
  • Governance, Risk and Controls
  • Principles of financial management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Decisionmaking process
  • Cluster Specific Operational Knowledge
  • Trading Skills

Behavioural Competencies

  • Communication
  • Collaborating
  • Initiating Action
  • Managing Work
  • Sustaining Customer Satisfaction
  • Technical/Professional Knowledge and Skills

Employment Equity Statement
- ‐ Preference will be given to individuals from underrepresented groups.- **_Please contact the Nedbank Recruiting Team at _
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