Junior Equity Trader

1 day 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 service into all of the markets specialist research integrating both a macro and micro market view.

**Role Purpose**

The purpose of the **Junior Equity Trader role is **to work under the supervision of an experienced Trader to ensure efficient execution and management of trades for retail clients in order to deliver on client expectations. Acts as support to the Senior Portfolio Manager.

**Requirements**:
Qualifications:

- Grade 12 /NQF 4
- Bcom related qualification
- RPE Equity Markets
- JSE Qualification

**Experience**:

- 1-3 years financial services industry experience in a trading role
- An understanding of corporate actions, financial markets, trading, and stocks
- Experience in using Bloomberg, Hermes, Iress Pro, Swissquote, or similar trading systems.

**Duties & Responsibilities**
- **
Retail Trading**:

- 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
- Provide trading ideas and suggestions that are aligned to the Momentum Securities house view strategy

**Competencies**
- Attention to the details
- Deciding and Initiating Action
- Delivering results and meeting customer expectations
- Persuading and Influence
- Ability to cope under pressure

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