Head Trading Operations
4 days ago
**Job Title**
**Head Trading Operations**
- Job Family- Investment Banking
- Career Stream- Commercial Support
- Leadership Pipeline- Manage Function
**Job Purpose**
- To manage and lead the Operations function within Markets Operations; to ensure the creation and sustainability of an operationally excellent support business unit through the execution of all transactional confirmations; clearing; reconciliations; settlements and defined administrative requirements within regulatory contractual and service level obligations, and to ensure the seamless integration of the function with the Nedbank and Markets business model and framework.**Responsibilities**:
- Build and maintain sound relationships with the relevant internal and external stakeholders.
- Ensure that all areas grow confidence and relationships with internal and external clients (measured by client issue list and business survey).
- Ensure successful brand enhancement. Improve client relationships.
- Ensure alignment and achievement of strategy and create a completive advantage by translating the Nedbank and Business Unit strategy into a customised Divisional strategy.
- Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbank's vision and values.
- Build a high-performance team (Johannesburg direct reporting line, London dotted reporting line) through managing resources, retention and critical staff.
- Ensure that the leadership agenda has been embraced by the division/function.
- Manage performance of reports and hold them accountable for managing the performance of their reports.
- Actively build a culture of improvement. Participate in the recruitment and selection of senior staff.
- Optimise performance and motivation.
- Empower team to make decisions and recommend tailored solutions to Business Unit specific problems. Ensure that the business area continually strives towards and meets operational excellence.
- Implement tactical and operational plans using the project management planning and implementation methodology.
- Achieve business benefits. Accomplish project goals that are in line with business.
- Ensure appropriate management of risk/s in the business area. Develop and communicate Operations Strategy.
- Ensure clear audit reports. Identify, monitor and manage systematic risk through quality financial and management reporting.
- Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan, analysing and correcting any deviations.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and DEI.
- Develop, implement, and measure the effectiveness of a strategy to build a differentiated culture.
- Manage, develop, and maintain the Operations Expense Budget.
- Limit losses of scarce financial resource by ensuring robust processes and controlled error rate to reduce unnecessary leakage.
- Deliver on key projects for business and function.
- Deliver progress in the MIS project, which results in enhanced management of business through reporting and measurement.
**People Specification**
- +/-16 Direct/Indirect reports- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Professional Qualifications/Honour’s Degree
- Preferred Qualification- CA (SA)/Post graduate Degree in Business Administration- Masters degree- Minimum Experience Level- 10+ years experience in managing Finance and/or Operations in an Investment Bank with relevant technical market acumen, which includes a demonstrated track record of management of at least 5 years. Experience in Africa a benefit.**Technical / Professional Knowledge**
- Client service management
- Communication Strategies
- Diversity management
- Relevant regulatory knowledge
- Stakeholder management
- Talent management
- Business writing skills
- Management information and reporting principles, tools and mechanisms
- Strategic and tactical planning
- Technical product knowledge
- Behavioural Competencies- Establishing Strategic Direction
- Operational Decision Making
- Building Organizational Talent
- Driving Execution
- Sharing Responsibility
- Leading Change
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_
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