Senior Financial Market Specialist (Foreign Exchange Markets)

Details of the offer

Detailed description:The successful candidate will be responsible for, but not limited to, the following key performance areas:Lead and oversee the company's foreign exchange trading operations, which include execution of FX transactions (spot, forwards, and FX swaps) as well as cash management.Conduct quantitative and qualitative analysis into FX movements, trends, patterns with systemic impact across financial markets.Lead team engagements to interrogate and reconcile data, and findings, insights, explanations, from research and analysis on foreign exchange markets.Prepare periodic reports to enable managers/senior managers to provide oversight function on the deliverables of the South African Foreign Exchange Committee (SAFXC) and Global Foreign Exchange Committee (GFXC).Provide thought leadership and contribute to discussion papers, presentations, and documentation for various FX committees and other related bodies/forums.Lead the design and review of internal controls, enhance operating procedures, and implement governance frameworks that relate to Codes of conduct in the FX market.Contribute to the development and execution of strategic initiatives of the unit and the Financial Markets Department (FMD), including through involvement in strategic projects.Collaborate with other specialists within the company (business analysts, data management specialists, and IT specialists) by providing subject-matter expertise to enable the design and implementation of IT infrastructure for the FX operations business.Provide analysis on FX operations and insights for presentations to the Monetary Policy Committee (MPC) and Financial Stability Committee (FSC).Represent the Financial Markets Department on internal and external committees/forums and make presentations.Build and maintain relationships with stakeholders such as, but not limited to, local analysts, fund managers, strategists, and dealers for the gathering of market intelligence.Perform ad hoc tasks as required.Job requirements:To be considered for this position, candidates must have:A minimum of Honours degree (NQF8) in economics or finance or an equivalent combination of education and job-related experience.A minimum of eight to ten years experience in a specialist role in financial markets and market analysis.The following will be an added advantage:CFA qualification.Sound knowledge of exchange rate policy and monetary policy implementation frameworks and instruments; and sound knowledge of financial market regulations.ACI Dealing certificate.Additional requirements include:Verbal and written communication skills.Research methodology skills.Planning and organizing skills.Decision-making skills.Interpersonal skills.Presentation skills.Being a team player.Knowledge of financial mathematics.Proficiency in the Microsoft (MS) Office suite, with a thorough knowledge of MS Excel; and knowledge of Bloomberg and Reuters.
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Nominal Salary: To be agreed

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