South Africa

Money Market Trader

Company Nedbank Namibia
Reference # MMT
Published 30/11/2018
Contract Type Permanent
Salary Market Related
Location Windhoek, Khomas, Namibia
Job Purpose:
Generate non-interest revenue (NIR) through the execution of client orders as well as through the hedging of client positions. The job will require the candidate to actively seek out NIR generating deals primarily but not limited to in the Namibian financial market.
Job Functions Banking
Industries Banking / Finance & Investment
Key Responsibilities:
 Generate revenue from trading financial instruments within defined markets
 Proactively increase the size of the SWAP book in collaboration with Corporate and Business Banking
 Manage the treasury trading book
 Manage the money market trading budget
 Ensure compliance with internal risk limits and controls
 Improve efficiencies on the trading desk
 Daily profit and loss reporting
 Interact with internal and external clients to assess needs and provide solutions
 Product research and development
Abilities Requirements:
 Passionate about financial markets
 Sound experience in all aspects of money market and capital market trading
 Goal orientated
 Ability to work under pressure, team orientated and flexible approach
 Strong existing industry relationships
Educational & Experience Requirements:
 ACI Certificate
 Degree or suitable equivalent qualification
 Minimum 5 years’ experience in financial/capital markets
 Conversant with Microsoft Office (Word, Excel and PowerPoint) and Bloomberg
 Fully conversant with the financial instruments in use in the Namibian financial markets
 Namibian citizenship.
Job Closing Date 14/12/2018
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