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 an individual passionate about trading and financial markets, with the chance to grow and develop their career 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 maintain awareness of market movements.
Trade international markets outside of South African hours, handling global trading operations.
Adhere to internal trading limits, risk management guidelines, and compliance protocols.
Trading Administration (20%):
Coordinate with back-office and prime brokers to ensure timely trade settlement and smooth operational processes.
Send daily trade reports, update open orders, and manage Portfolio Manager instructions.
Maintain and update brokerage rates, portfolio SSIs, and ensure compliance with insider trading and PA trading policies.
Portfolio & Risk Analytics:
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