To drive sustainable revenue growth and profitability through franchise trading and market-making activities, while providing transparent and liquid markets that strengthen NCIB Markets' profile, client franchise, and market presence.
The role is responsible for managing risk within approved limits and regulatory requirements, contributing to business growth through trading, system, and risk initiatives.
Job Responsibilities
Develop, engage, and execute strategy and business achievement to ensure team profitability in line with agreed budget.
Achieve budgets by franchise trading and effective management of risk.
Monitor market trends by researching and engaging with stakeholders on competitor activity.
Grow profitability by streamlining processes, providing bespoke products and solutions, retaining clients, and encouraging cross selling.
Build relationships with all necessary stakeholders to deliver on the client value proposition.
Participate in industry forums to contribute to evolution of the market and market standards.
Ensure adherence to all market, credit, operational and reputational risk limits, and guidelines.
Meet business and legislative requirements.
Ensure trading process optimisation for the current and new regions.
Essential Qualifications
Relevant S.T.E.M degree
Preferred Qualification
Post graduate degree in Mathematics or Statistics
Preferred Certifications
Applicable market and regulatory qualifications (RPE, ACI, JSE Traders Exam).
While preferred at appointment, these certifications must be obtained and maintained where required for the effective fulfilment of role responsibilities and regulatory compliance.
Minimum Experience Level
3 years' experience in Global Markets market making and trading risk on SA and Africa FX derivative products.
Type of Exposure
Experience in complex FX non-linear products and markets
Expertise in FX derivative structuring
Proven track record in monetising FX derivative flow
Strong understanding of non-linear risk management
Experience in multi-curve pricing environments
Strong quantitative and qualitative analytical skills
Ability to identify market trends and opportunities
Experience in risk identification and mitigation
Strong report-writing skills
Effective stakeholder management and relationship building
Ability to influence and secure stakeholder buy-in