To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls within the Markets business; in line with Nedbank business strategy.
Job Responsibilities
- Valuation of derivatives and markets instruments.
- Daily Profit and Loss validation, attribution and reporting.
- Trade Lifecycle Management, including setting up market data required to book & value trades and positions and trade documentation for complex trades.
- Independent price verification and validation of market data.
- Analysis and BI/MI reporting of trading data.
- Close working relationship with the Front Office and bridging the gap between the trading desks and support areas.
- Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial or trading information
- Protect the trading environment by ensuring controls are adhered to.
- Ensure accurate risk and position exposure by reviewing reconciliations and following up on unreconciled items.
- Comply with relevant legislation by reviewing and submitting statutory returns timeously.
- Understand and meet stakeholders requirements through ongoing engagement.
- Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
- Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
- Meet deadlines and targets through prioritising effectively, planning and communicating.
- Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
- Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
- Achieve business objectives within specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
- Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
- Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Valuation of derivatives, bonds and/or other markets instruments
- Derivatives and bond trade life cycle
- Trading and other relevant software and systems knowledge
- Mathematically strong
- Complex data analysis and MI reporting
- Governance, Risk and Controls
- Industry trends
- Banking procedures
- Business Acumen
- Relevant regulatory knowledge
- Research methodology
- Professional Qualifications/Honours Degree
- CFA Charterholder / FRM / Financial Management / Engineering / Data Analytics / Mathematics
- 5 to 8 years in Markets Product Control, Markets Trading, Markets Trade Support, Markets Valuation Control or Markets Trading System Support and
- 2 years managing others
- Markets Trading environment
- Conducting root cause analysis
- Developing ways to minimize risks
- Managing conflict situations
- Influencing stakeholders to obtain buy-in for concepts and ideas
- Sharing information in different ways to increase internal stakeholders understanding
- Brainstorming ways of improving a product or situation
- Challenging the status quo with a view to improve people's understanding of issues
- Managing team dynamics
- Writing business proposals
- Identifying trends and anomalies
- Banking procedures
- Business Acumen
- Cluster specific operations
- Data analysis
- Governance, Risk and Controls
- Industry trends
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Remuneration policies and principles
- Research methodology
- Building Partnerships
- Earning Trust
- Communication
- Decision Making
- Planning and Organizing
- Quality Orientation
Preference to be given to underrepresented groups
Please contact the Nedbank Recruiting Team at +27 860 555 566
