Equity Dealer / Trader | Newlands

The Recruitment Council; Polokwane; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading financial institution seeks a Junior Equity Dealer in Polokwane. This role involves executing trades, collaborating with portfolio managers, and engaging in trading administration. Candidates should possess a strong analytical mindset and relevant qualifications, along with opportunities for professional growth in a dynamic team.

Benefits

Access to cutting-edge trading tools and technology

Competitive compensation with growth opportunities

Collaborative, high-performance team environment

Qualifications

• 2-5 years in institutional trading, ideally in equities/derivatives.
• Strong analytical mindset with compliance knowledge required.
• Experience in trading administration is a plus.

Responsibilities

• Execute equity and derivatives trades, collaborating with portfolio managers.
• Coordinate trading administration and ensure compliance.
• Assist in evaluating portfolio performance and developing risk models.

Skills

Analytical skills

Problem-solving skills

Market awareness

Strategic thinking

Interpersonal skills

Education

Relevant graduate and postgraduate qualifications

CFA Level 1

JSE Equity Trader exams

Registered Persons Exams

Tools

Bloomberg

MS Excel

VBA

R

Python

Job description

Job Title : Junior Equity Dealer

About the Company : Our client, a leading financial institution, is looking to hire a Junior Equity Dealer to join their dynamic team.

This is an exciting opportunity for individuals passionate about trading and financial markets, with the chance to grow and develop their careers in an impactful role.

The ideal candidate will possess a strong analytical mindset, attention to detail, and a solid understanding of trading processes in a fast-paced environment.

Key Responsibilities :

• Equity & Derivatives Trading (80%) : Execute equity and derivatives trades, ensuring best execution by minimizing slippage and transaction costs. Collaborate with Portfolio Managers to confirm trade instructions and ensure alignment with investment strategies. Work with brokers to execute trade instructions and monitor market movements. Trade international markets outside of South African hours, managing global trading operations. Adhere to internal trading limits, risk management guidelines, and compliance protocols.
• Trading Administration (20%) : Coordinate with back-office and prime brokers for timely trade settlement and operational efficiency. Send daily trade reports, update open orders, and manage Portfolio Manager instructions. Maintain brokerage rates, portfolio SSIs, and ensure compliance with insider trading and PA trading policies.
• Portfolio & Risk Analytics : Assist in evaluating portfolio performance using metrics such as Sharpe ratio, VaR, and tracking error. Support the creation of risk models to mitigate market, credit, and liquidity risks. Contribute to performance reporting, attribution, and develop dashboards for stakeholders.
• Technology & Automation : Explore and implement new cloud computing and AI tools to enhance data analysis. Automate data processing tasks to improve efficiency and accuracy.

Requirements :

• Education : Relevant graduate and postgraduate qualifications. JSE Equity Trader exams. CFA Level 1 qualification is advantageous. Registered Persons Exams.
• Experience : 2-5 years in institutional buy or sell-side trading, preferably in equities and derivatives. Experience in trading administration is a plus.
• Skills & Competencies : Strong analytical and problem-solving skills. Ability to make quick, informed decisions. Proficiency in Bloomberg and MS Excel; coding in VBA, R, or Python is a plus. Strong ethics, professionalism, and knowledge of risk management and compliance. Ability to work collaboratively within a team.

Key Attributes :

• Market awareness and strategic thinking. Excellent attention to detail. Strong communication and interpersonal skills. Commitment to continuous professional development and staying current with market trends and technology.

Why Join? Opportunity to work within a respected and growing financial institution. Be part of a collaborative, high-performance team. Access to cutting-edge trading tools and technology. Competitive compensation with growth opportunities.