Derivatives Clearing Specialist: Risk Management Expert
1 day ago
At Isilumko Staffing, we are seeking an experienced Derivatives Clearing Specialist to join our team in a dynamic and fast-paced environment.
The estimated salary for this position is R750,000 - R1,200,000 per annum, depending on experience.
Key Responsibilities- Client Service and Query Management:
- Provide exceptional client service and manage queries related to derivatives clearing, settlement, and reporting.
- Maintain a deep understanding of client exposures and ensure risk mitigants are adequately applied.
- Clear and understand products across different markets, including commodity, equity, interest rate, and currency derivatives.
- Perform operational duties as described below, including processing daily cash settlements, balancing the daily JSE derivatives clearing markets, and reconciling trade data.
- National Diploma in Financial Markets (or equivalent)
- PREFERRED QUALIFICATIONS:
- Degree in Business Commerce Business Management or Economics (or relevant qualification)
- South African Institute of Financial Markets (SAIFM) certification
- 3-4 years' experience in Corporate Banking (Transactional Products and Services), with 3-4 years' experience in Financial Markets and/or Derivatives Markets
- Preferred experience: Corporate Banking, 3-4 years in relative market experience specific to derivative markets offered by the JSE
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