Dealer

4 months ago


Cape Town, South Africa mPower People Solutions Full time

Job objective

This function facilitates buy and sell transactions and executes trade orders across all covered markets/asset classes, taking into account client mandates and market information, together with associated administration.

Responsibilities

  • Ensure deals are executed within acceptable risk and best possible returns.
  • Adhere to the trading mandate and the management trading strategy, and capture market opportunity.
  • Monitor news, market information, research, trends, and opportunities and ensure proper escalation to relevant internal stakeholders.
  • Keep abreast of legislation and statutory requirements and ensure compliance.
  • Analyse account objections which may require negotiation prior to execution of sales and purchases of shares, securities, bonds, foreign exchange, money and capital market instruments and derivatives.
  • Report on the performance of portfolios through presentations and written reports.
  • Manage and build relationships with brokers and may supervise less experienced dealer(s).
  • Generate reports and assist in preparations of various presentations.
  • Document and review the dealing room processes.
  • Manage and enhance all dealing room administration.

Knowledge/Skills/Competencies/Education

  • Postgrad degree in accounting or finance.
  • At least 2-3 years of work experience in a similar role in a stockbroking, investment banking or asset management firm.
  • Regulatory Examination RE5
  • Meets FAIS Fit & Proper requirements
  • Solid competence in trading systems.
  • Knowledge of financial markets (keeps up to date with the markets).
  • High numeracy and attention to detail.
  • Proficiency in MS Excel
  • Effective communication skills.
  • Takes ownership of assigned tasks.
  • Ability to organise and prioritise workload.
  • Ability to produce accurate and timely work.
  • Proactive team player.
  • Ability to build relationships.
  • Actively seeks to enhance own expertise and knowledge.
  • Demonstrates drive and commitment to self-development.
  • Alignment to company values.
  • Bloomberg understanding.

This position will be filled in line with the company’s EE policy


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