We are seeking a highly experienced Institutional Equity Trader with a proven track record in the South African market to join our dynamic team.
The successful candidate will have extensive experience in trading cash equities on the JSE, a solid understanding of equity derivatives, and the technical expertise to navigate various trading platforms.
Key Responsibilities
- Execute trades in cash equities for institutional clients on the JSE, ensuring optimal execution and alignment with client instructions.
- Manage and execute equity derivatives trades on SAFEX, supporting client hedging and trading strategies.
- Monitor market movements, analyse trends, and provide real-time market insights to clients and the broader team.
- Build and maintain strong relationships with institutional clients.
- Ensure compliance with all regulatory and internal trading policies, including risk management protocols.
- Collaborate with the trading team and sales to develop and execute trading strategies.
- Generate detailed trading and sales reports, providing clients with insights into market trends, trading activity, and portfolio performance.
- Communicate effectively with clients, discussing market developments, execution strategies, and portfolio updates.
Qualifications and Experience
- Bachelor's degree in finance, Economics, or a related field (Honours degree preferred).
- JSE Traders Exam certification (RE 5 or equivalent).
- Minimum of 7 years of experience trading cash equities in the South African market.
- At least 2 years of experience trading SAFEX equity derivatives.
- Proven technical proficiency with trading platforms such as Hermes, Bloomberg, and Excel.
- Strong analytical, quantitative, and decision-making skills.
- Excellent communication and interpersonal skills to engage effectively with clients and team members.
- In-depth knowledge of JSE operations, equity markets, and regulatory frameworks.
- Ability to work under pressure in a fast-paced trading environment.
- Detail-oriented with strong organizational skills.
- A proactive mindset with the ability to identify trading opportunities and mitigate risks.
Additional Requirements
- Ability to work extended hours during market openings or closures, as needed.
- Strong ethical standards and a commitment to confidentiality.
What We Offer
- Competitive compensation package.
- Opportunity to work with a leading team in the South African equity trading market.
- Ongoing professional development and growth opportunities.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales