Derivatives Clearing Specialist: Market Risk Manager
4 days ago
Estimated Salary: R550,000 - R700,000 per annum
About Isilumko Staffing (JHB)We are a leading recruitment agency based in Johannesburg, South Africa. Our mission is to provide exceptional staffing solutions to businesses across various industries.
Job DescriptionWe are seeking an experienced Derivatives Clearing Specialist to join our team in Johannesburg. The successful candidate will be responsible for clearing and settling Exchange Traded Derivative contracts traded on the JSE platform.
The key responsibilities of this role include:
- Client service and query management
- Risk management, including monitoring client exposure against available funds
- Clearing and understanding of products across different markets, including commodity derivatives, equity derivatives, interest rate and currency derivatives
- Acceptance and allocation of derivative trades from interdealer brokers obo offshore clients
- Shift rotation according to different market closing times
The ideal candidate will have:
- A minimum qualification of National Diploma in Financial Markets or equivalent
- Preferred qualifications include Degree in Business Commerce, Business Management, Economics or relevant field
Previous experience in Corporate Banking (Transactional Products and Services) or Risk Management is essential. Knowledge of financial markets and derivatives markets offered by the JSE is also required.
This is a fantastic opportunity for an experienced professional to take their career to the next level. If you are passionate about financial markets and derivatives, we encourage you to apply for this exciting role.
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