Junior Analyst Trader

EnableSA Recruitment; Paarl; On-site; ZAR 240,000 - 420,000; Full time

Job summary

EnableSA Recruitment seeks a Junior Analyst Trader for its Paarl, Western Cape team. You will prepare market updates, analyze trading data, and identify opportunities while executing trades per approved mandates. The role emphasizes accuracy, compliance, and timely reporting within a dynamic trading environment.

The candidate should have Grade 12, a BCom in Finance or Economics preferred, and familiarity with Excel and Bloomberg. Experience in banking or FX operations is advantageous.

Qualifications

• Grade 12 is required.
• BCom Finance or Economics preferred.
• Experience in banking, treasury, dealing desk, or FX operations.
• Basic understanding of global/local financial markets, FX and money markets.
• Awareness of macroeconomic drivers and currency impacts.
• Foundational trading concepts including order types and settlement.
• AML awareness and FAIS/RE5 compliance.
• Excel proficiency and exposure to Bloomberg/Reuters.
• Experience preparing structured trade reports and reconciliations.
• Cross-border payments, SWIFT, and settlement timelines.
• MS Office proficiency; familiarity with trading/treasury systems.
• RE5 FAIS compliance is required.

Responsibilities

• Prepare and distribute daily and weekly market updates.
• Analyze market, portfolio, and trading data for reporting.
• Monitor market developments and identify trading opportunities.
• Execute trades per approved mandates and strategies.
• Process trade instructions within agreed turnaround times.
• Ensure compliance with policies, regulations, and controls.
• Prepare and submit trade, portfolio, and performance reports.
• Maintain complete trade records and documentation.
• Oversee trade settlements for timely/accurate settlement.
• Investigate and resolve settlement discrepancies and exceptions.
• Respond to client, bank, custodian, and internal queries.
• Build and maintain relationships with clients and counterparties.
• Escalate issues and proactively manage risk.
• Continue learning through training and certifications.
• Stay informed on financial products and market developments.
• Contribute to knowledge sharing and process improvements.

Skills

Excel

Bloomberg

MS Office

Trading concepts

Financial markets knowledge

RE5 Certification

Education

Grade 12

BCom Finance/Economics preferred

Tools

Bloomberg Terminal

Trading platforms

Job description

Our client is seeking a Junior Analyst Trader to join the Paarl, Western Cape Team.

Responsibilities:

• Prepare and distribute daily and weekly market updates in a timely manner.
• Analyze market, portfolio, and trading data, ensuring accuracy and reliability in all reporting.
• Monitor market developments and identify potential trading opportunities, communicating these effectively to relevant stakeholders.
• Execute trades accurately and in accordance with approved mandates and investment strategies.
• Process trade instructions efficiently and within agreed turnaround times.
• Ensure full compliance with company policies, industry regulations, and internal controls.
• Prepare and submit accurate trade, portfolio, and performance reports within required deadlines.
• Maintain complete, accurate, and up-to-date trade records and supporting documentation.
• Oversee trade settlement activities to ensure timely and accurate settlement of all transactions.
• Investigate and resolve settlement discrepancies and exceptions within agreed service levels.
• Perform regular reconciliations of trades, cash positions, and related accounts, addressing any variances promptly.
• Respond to client, bank, custodian, and internal stakeholder queries in a professional and timely manner.
• Build and maintain effective working relationships with clients, counterparties, and internal teams.
• Escalate operational, trading, or settlement issues where necessary and proactively manage communication to minimize risk.
• Maintain and enhance professional knowledge through the completion of required training, certifications, and continuous learning initiatives.
• Stay informed of financial products, market trends, and industry developments to support effective decision-making.
• Contribute to team development by actively participating in knowledge-sharing, process improvement, and collaborative initiatives.

Requirements:

• Grade 12.
• BCom Finance / Economics preferred.
• Experience in banking, treasury, dealing desk, or foreign exchange operations.
• Basic understanding of global and local financial markets, with emphasis on foreign exchange (FX), money markets, and related instruments.
• Awareness of key macroeconomic drivers (e.g., interest rates, inflation, GDP, balance of payments) and how they affect currencies and markets.
• Trading Concepts – Foundational knowledge of order types, bid/ask spreads, market vs. limit orders, and trade settlement processes.
• Awareness of regulatory requirements, anti-money laundering (AML) principles, and internal trading policies.
• Knowledge of Basic calculations for exchange rates, spreads margins, and P&L.
• Familiarity with Excel (pivot tables, formulas, charts) and exposure to Bloomberg/Reuters or similar platforms (advantageous).
• Knowledge of preparing structured trade reports, reconciliations, and audit-compliant documentation.
• Banking Processes – Understanding of cross-border payments, SWIFT messages, and settlement timelines.
• Proficiency in MS Office Suite and basic understanding of trading/treasury management systems.
• Regulatory Examination for Representatives (RE5) – FAIS Compliant.