Time left to apply: End Date: October 31, 2024 (5 days left to apply)
Job Requisition ID: R23858
Job DescriptionTo resolve issues being experienced by Traders, systems or operations as efficiently as possible as well as report on profits daily.
Deliver against operational and cost targets.Prioritise resource allocation to minimise and reduce wastage.Monitor costs for the financial year according to the operational plan.Allocate and approve expenditure.Review cost reports and resolves or explains variances to the budget.Identify, control and escalate potential risks that may lead to increased costs.Manage costs or expenses within approved budget to achieve cost efficiencies.Understand the business of the desk to provide commentary on large profit or loss movements on a daily and monthly basis.Ensure timely and accurate reporting, analysis, submission and communication or distribution of daily PnL.Reconcile finance PnL to the risk attributed PnL and front office estimates, and understand and resolve any material differences identified.Provide daily commentary on PnL movements and variance investigation to front office and finance management.Ensure that internal financial controls over PnL are adhered to.Liaise with operations teams to resolve any settlement issues.Liaise with platform support teams to resolve any source system issues.Report relevant PnL and Balance sheet positions and complete the applicable reconciliations, identifying and resolving any issues.Provide advice to the business on the PnL impact of trades and the interaction of the trading and finance systems, especially regarding proposed new trades.Ensure that applicable accounting standards are adhered to regarding PnL reporting.Provide PnL data and commentary to the market risk governance team for regulatory reporting.Identify and recommend enhancements to PnL controls and production processes.Promote teamwork and inclusivity amongst team members and demonstrate behaviours that respect diversity.Partner and collaborate with team members to achieve team success.Share information and knowledge that benefits the team.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. Closing Date: 31/10/2024
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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