Summary
Date Posted: Monday, September 25 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Summary
• The jobholder will primarily be responsible for executing trading activities within fixed income and foreign exchange markets, managing risk within defined parameters, and providing support and reporting to ensure the successful operation of the Global Markets team as well as positively driving business performance. This role requires a strong understanding of market dynamics, technical analysis, and financial instruments, as well as the ability to work collaboratively with other team members.

Job Description
The jobholder will be required to:
• Execute precise trading strategies in fixed income and foreign exchange markets, maximizing returns while adhering to compliance and risk management guidelines.
• Monitor and analyse global market trends, utilizing technical analysis and financial instruments to inform and drive effective trading decisions. To co-ordinate the delivery of all infrastructure issues, ensuring systems and processes are working well.
• Contribute to the team’s overall success by providing essential reporting and support, ensuring seamless collaboration within the Global Markets team, and continuously enhancing operational efficiency.
• The job holder will be expected to undertake any other appropriate duties as required for the effective operation of Global Markets.

Execution of Trades:
• Execute, buy and sell orders for fixed income and FX products according to defined strategies, ensuring optimal timing and pricing
• Utilize various execution methods and strategies to achieve the best possible pricing in line with market conditions
• Coordinate with brokers, market players, and other intermediaries to ensure smooth execution of trades.

Strategy Development:
• Assist in the development and implementation of trading strategies in line with the overall market view and risk appetite
• Analyse market conditions, trends, and historical data to assist in developing trading strategies
• Collaborate with senior traders to implement trading strategies, adjusting them as market conditions change
• Monitor the performance of trading strategies and make necessary adjustments to maintain alignment with the overall market view and risk appetite.

Market Analysis:
• Monitor market trends, economic indicators, and geopolitical events to assess potential impacts on the trading portfolio
• Track global market trends, economic indicators, and geopolitical events continuously to assess their potential impacts on the portfolio
• Utilize quantitative and qualitative techniques to predict market movements and inform trading decisions
• Share insights and analysis with the broader team to foster a cohesive understanding of market dynamics.

Compliance:
• Ensure all trading activities comply with regulatory requirements and internal policies
• Ensure that all trading activities are conducted in compliance with relevant regulatory guidelines, including best execution practices
• Adhere to internal trading policies, limits, and guidelines
• Participate in internal and external audits and maintain necessary documentation for compliance purposes
• Track global market trends, economic indicators, and geopolitical events continuously to assess their potential impacts on the portfolio
• Utilize quantitative and qualitative techniques to predict market movements and inform trading decisions
• Share insights and analysis with the broader team to foster a cohesive understanding of market dynamics.

Risk Monitoring:
• Identify and manage risks related to trading activities, including market, credit, and liquidity risks
• Continuously identify, analyse, and evaluate risks including market, credit, and liquidity risks
• Implement risk management strategies and controls to minimize exposure
• Regularly update risk management team on risk exposures and performance

Portfolio Management:
• Monitor and manage the trading book to ensure it is within acceptable risk parameters
• Regularly review the trading book to ensure alignment with risk parameters
• Make necessary adjustments to the portfolio in response to changes in risk profile and market conditions

Collaboration with Risk Team:
• Work closely with the risk management team to develop and implement risk mitigation strategies
• Assist in formulating and implementing risk mitigation strategies, including stress testing and scenario analysis.

Reporting:
• Prepare and submit daily, weekly, and monthly reports on trading activities, performance, and risk exposures
• Distribute reports to relevant stakeholders, including senior management, risk teams, and compliance departments

Team Collaboration:
• Support other team members and departments as needed, including participation in meetings and projects
• Actively participate in team meetings, contributing ideas and insights.

Continuous Improvement:
• Assist in the development and enhancement of trading systems, tools, and processes, incorporating best practices and innovative solutions
• Stay abreast of industry developments and seek ongoing professional development to ensure continuous improvement in trading skills and knowledge.

Education
Higher Diplomas: Business, Commerce and Management Studies (Required)

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Postgraduate Degree

Job application procedure
• Interested and qualified? Click here to apply

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