Sales Trader Money Market

3 months ago


Umhlanga, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Responsible for raising Corporate funding for the Bank from the Corporate market. Responsible for growing a new portfolio of clients and generating revenue. Build trusting relationships with clients by delivering service and execution excellence. Frequently update the business with regards to the client’s strategy and developments. Leverage your client relationships into other areas of Absa to capture cross-selling opportunities.

**Job Description**:
Your key accountabilities in this role will include:

- Selling Money Market products to Corporate clients and generate revenue.
- Seeking to understand client needs and add value to clients by using own knowledge of the market.
- Keeping abreast of developments in Money markets, legislation and statutory requirements.
- Selling/trading in order to maximise volume and growth of full basket of products.
- Providing end to end solutioning of existing clients.
- Developing strategies to ensure new business growth.
- Implementing new and existing strategies for new client acquisitions
- Liaising with various stakeholders in Absa.
- Ensuring the administrative portion of the role through data capturing, compiling a quotation, maintaining client data base, draft reports, credits etc.
- Compiling proposals on pricing and products for submission to clients.
- Ensuring financial transactions, policies and procedures meet corporate objectives and regulatory requirements.
- Adding value to clients by identifying opportunities and influencing clients to deal through us.
- Investigating and embarking on a continuous market scanning of Local and International peers to identify and stay abreast of market trends and activities to inform opportunities for new and enhanced products and services.
- Conducting market analysis in order to attract market intelligence to inform strategies going forward.

Send us your CV if you have a B Degree in finance or Commerce and over 3 years’ experience in an Investment Banking/ front office sales environment

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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