Senior Trader

Placements24; Benoni; Hybrid; ZAR 900,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid work model

Profit-sharing options

Health benefits

Retirement plan with company contrib.

Paid time off

Job summary

Our client, a leading financial trading firm in Benoni, Gauteng, is seeking a Senior Trader to join their hybrid trading floor. The role demands strong market insight, rapid decision making, and effective risk management to maximize profitability.

Ideal candidates will have 5+ years of trading experience, a finance-related degree, and proficiency with Python/R. Hybrid working arrangement provides on-site presence with remote flexibility.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or related field.
• Master's degree or relevant certifications (e.g., CMT) are advantageous.
• Minimum of 5 years of experience as a trader or in a related quantitative finance role.
• Proficiency with trading platforms, analytics software, and programming languages (Python, R) is a plus.
• Strong analytical and quantitative skills; ability to interpret market data.

Responsibilities

• Execute trades across equities, bonds, derivatives, and forex per strategies.
• Monitor market data to identify opportunities and risks.
• Develop and refine trading strategies for profitability and risk-adjusted returns.
• Manage positions within risk limits and adhere to protocols.
• Analyze performance to identify trends and improve strategy.
• Collaborate with PMs, analysts, and risk managers to align investments.
• Maintain trading records and ensure regulatory compliance.
• Stay informed about market developments and new trading tech.
• Utilize platforms and tools to support decision-making.
• Contribute to firm's trading strategy and risk framework.

Skills

Trading experience

Risk management

Analytical skills

Decision making under pressure

Communication skills

Education

Bachelor's degree in Finance or related field

Master's degree or relevant certifications (e.g., CMT) advantageous

Tools

Python

R

Trading platforms

Job description

About the Role

Our client, a leading financial trading firm, is seeking a highly skilled and experienced Senior Trader to join their dynamic trading floor in Benoni, Gauteng . This role demands exceptional market insight, a keen understanding of trading strategies, and the ability to execute trades efficiently to maximize profitability while managing risk effectively. The ideal candidate will have a proven track record of success in fast-paced trading environments and a deep knowledge of financial markets and instruments. This position requires strong analytical capabilities and the ability to make rapid, informed decisions. The role operates on a hybrid basis, combining essential on-site trading floor presence with remote work flexibility.

Key Responsibilities

• Execute trades across various financial instruments (equities, bonds, derivatives, forex) according to trading strategies and risk limits.


• Monitor market conditions, news, and economic data to identify trading opportunities and potential risks.


• Develop and refine trading strategies to enhance profitability and optimize risk-adjusted returns.


• Manage trading positions, ensuring adherence to risk management protocols and position limits.


• Analyze trading performance, identify trends, and provide insights for strategy improvement.


• Collaborate with portfolio managers, analysts, and risk managers to align trading activities with overall investment objectives.


• Maintain detailed trading records and ensure compliance with all regulatory requirements.


• Stay informed about market developments, new financial products, and trading technologies.


• Utilize trading platforms and analytical tools effectively to support decision-making.


• Contribute to the firm’s trading strategy and risk management framework.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related field.


• A Master's degree or relevant professional certifications (e.g., CMT) are advantageous.


• Minimum of 5 years of experience as a trader or in a related quantitative finance role within the Banking & Finance industry.


• Demonstrated success in executing trades and managing risk in volatile market conditions.


• In-depth knowledge of financial markets, trading strategies, and various asset classes.


• Strong analytical and quantitative skills, with the ability to interpret complex market data.


• Proficiency with trading platforms, analytical software, and programming languages (e.g., Python, R) is a plus.


• Excellent decision-making skills and the ability to perform under pressure.


• Strong communication and interpersonal skills.


• Experience working in the Benoni, Gauteng financial sector or with firms serving this region is beneficial.


• High level of integrity and adherence to ethical trading practices.

Benefits

• Highly competitive base salary and significant performance-driven bonuses.


• Comprehensive health and wellness benefits package.


• Retirement savings plan with company contributions.


• Opportunities for professional development and training in cutting-edge trading techniques.


• Hybrid work model offering flexibility.


• Access to advanced trading technologies and market data.


• Dynamic and collaborative trading environment.


• Performance-based incentives and profit-sharing options.


• Generous paid time off and holidays.


• Mentorship from experienced trading professionals.