Institutional Trader

2 weeks ago


Sandton, South Africa Momentum Securities Full time

**Introduction**
- Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full range of stockbroking solutions including ;traditional trade executions (non-discretionary/self-managed portfolio), an advisory portfolio, full-service stockbroking services and specialist research integrating both a macro and micro market view.**Role Purpose**
- The purpose of the **Institutional trader role** is to manage and execute trades for institutional clients in order to deliver on client expectations.**Requirements**:
**Qualifications:
- Bachelor degree in Finance or Commerce
- JSE Traders exam
- RPE Exams (8 Modules)Trader will be an advantage

***Experience:
- 5-8 years’ experience in a trading role
- An understanding of corporate actions, financial markets, trading and stocks
- Experience in using Bloomberg, Hermes, Iress Pro, Swiss Quote and similar trading systems.

**Duties & Responsibilities**
- Place orders on the trading system and approve web-based orders from clients who placed their orders on the trading platform.
- Reconcile and match trades received, and report on the delivery of services against instructions received from clients.
- Attend to client queries within the agreed service levels and ensure that clients receive timeous feedback.
- Provide accurate information to clients on stocks in order to assist clients to make informed trading decisions.
- Manage both local and offshore trading requests on behalf of clients.
- Ensure continuous research on market trends to enhance ability to service and provide appropriate guidance to all instutional clients.
- Ensure alignment to the values and culture of the organisation in all interactions with both clients and colleagues.
- Proactively flag and manage risks linked to the outputs of your role.
- Ensure all trade decisions are made in alignment with the securities philosophy and or governance guidelines as regulated by the JSE.

**Competencies**
- **Detail Orientation **:Is meticulous in finding errors; ensures accuracy by being thorough and checking details; produces high quality work by being detailed.
- **Analytical**: Analyses and processes information; asks probing questions; strives to find solutions to problems.
- **Work Organisation**: Conforms and adheres to rules; closely follows instructions and procedures; minimises risks by sticking to processes.Manages tasks by being organised and methodical; plans activities systematically; sets priorities for tasks.
- **Upholding standards**: Behaves ethically and justly; is discreet and maintains confidentiality; meets commitments by acting with integrity.
- **Conveying self confidence **:Is self-assured and projects inner confidence; is confident and determines own future; values own contributions.
- **Deciding and Initiating Action**:Makes prompt, clear decisions, which may involve tough choices or considered risks. Takes responsibility for actions, projects and people. Takes initiative, acts with confidence, and works under own direction. Initiates and generates activity.
- **Delivering results and meeting customer expectations**:Focuses on customer needs and satisfaction. Sets high standards for quality and quantity. Monitors and maintains quality and productivity. Works in a systematic, methodical, and orderly way. Consistently achieves project goals.
- **Persuading and Influencing**:Makes a strong personal impression on others. Gains clear agreement and commitment from others by persuading, convincing and negotiating. Promotes ideas on behalf of self or others. Manages conflict. Makes effective use of political processes to influence and persuade others.


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