Trader

Merchant West; Cape Town; On-site; ZAR 350,000 - 520,000; Full time

Job summary

Merchant West seeks a Trader/Dealer and junior investment analyst to execute and manage trades across local and global markets, including equities, fixed income, FX, money market instruments, derivatives, and unit trusts. You will handle end-to-end trade execution, compliance monitoring, broker relationships, and cash flow oversight to ensure seamless portfolio implementation.

This fast-paced role offers exposure to multiple asset classes and international markets, with scope to grow into

Qualifications

• Minimum BCom Degree with aspirations to complete additional financial programmes (e.g. CFA or CAIA).

Responsibilities

• Execute trades across local and global markets including equities, fixed income, FX, money market instruments, derivatives, and unit trust funds. Determine and implement appropriate trading tactics
• Perform trade booking, reconciliation, and cash flow processing to ensure settlement across markets
• Liaise with portfolio managers, brokers, custodians, and administration teams to ensure smooth trade and portfolio implementation
• Ensure pre- and post-trade compliance with regulatory, client, and internal risk limits.
• Monitor and report on liquidity risks and exposures
• Manage and maintain broker relationships
• Monitor fund cash positions and prevent overdraft positions by following standing instructions
• Prepare daily, weekly, monthly and ad-hoc reports
• Assist with and conduct investment analysis and reporting
• Provide input into various investment matters and decisions.

Skills

Financial markets understanding

Analytical thinking

Trading execution

Problem solving

Bloomberg & trading platforms

NX Manager

Education

BCom Degree

Tools

Bloomberg

LSEG

IRESS

NX Manager

Job description

About the role

We are seeking a Trader/ Dealer and junior investment analyst to execute and manage trades across local and global markets, including equities, fixed income, FX, money market instruments, derivatives, and unit trusts. This role covers end-to-end trade execution, compliance monitoring, broker relationship management, and cash flow oversight to ensure seamless portfolio implementation and alignment with regulatory requirements. With exposure to a broad range of asset classes and international markets, this opportunity offers scope for leadership in managing broker relationships and contributing to investment and operational projects. It’s an exciting role for someone passionate about financial markets, who thrives in a fast-paced, detail-driven environment and enjoys collaborative problem-solving. This role offers the opportunity to grow alongside the investment team and, over time, take on increasing responsibility for investment analysis and portfolio management.

Responsibilities

• Execute trades across local and global markets including equities, fixed income, FX, money market instruments, derivatives, and unit trust funds. Determine and implement appropriate trading tactics
• Perform trade booking, reconciliation, and cash flow processing to ensure settlement across markets
• Liaise with portfolio managers, brokers, custodians, and administration teams to ensure smooth trade and portfolio implementation
• Ensure pre- and post-trade compliance with regulatory, client, and internal risk limits.
• Monitor and report on liquidity risks and exposures
• Manage and maintain broker relationships
• Monitor fund cash positions and prevent overdraft positions by following standing instructions
• Prepare daily, weekly, monthly and ad-hoc reports
• Assist with and conduct investment analysis and reporting
• Provide input into various investment matters and decisions.

Qualifications

• Minimum BCom Degree with aspirations to complete additional financial programmes (e.g. CFA or CAIA).

Experience

• Minimum 1-2 years’ work experience, with at least 1 year in the investment industry.
• Trading/ dealing (or similar roles) preferable.

Skills

• Keen interest in financial markets and listed securities
• Problem solving & analytical mindset
• Experience with financial systems (e.g. Bloomberg, LSEG, IRESS) and order management systems (e.g. NX Manager) preferable.