Senior Financial Markets Specialist (Domestic Operations)

Details of the offer

Job title : Senior Financial Markets Specialist (Domestic Operations) Job Location : Gauteng, Pretoria Deadline : December 04, 2024 Quick Recommended Links Jobs by Location Job by industries Detailed description The successful candidate will be responsible for the following key performance areas: Implement monetary policy by monitoring the market, leading the development of trading strategies, conducting transactions such as auctions for purposes of liquidity management and on behalf of government (bond auctions and Treasury Bill auctions).
Undertake investments for the CPD in accordance with investment guidelines, operational requirements, and policies and legislation.
Supervise and quality assures the transactions of other Financial Market Specialists.
Contribute to the analysis of existing reference rates and the design of new rates where necessary and contribute to the design of governance frameworks that relate to the code of conduct on benchmark rates.
Provide oversight on the market commentary prepared by junior Financial Market Specialists.
Look for opportunities to automate routine tasks by leveraging innovative programming languages and encourage and assist Junior Specialists to continually innovate and improve their work processes.
Conduct comprehensive research for special projects by applying a robust and structured research methodology.
Stay abreast of all methodological developments relevant to own disciplines that affect the collection and development of time series and market research, trade execution and investment management process as well as operations and apply this in own research.
Prepare and make convincing presentations to own team on a regular basis as well as to departmental forums and other departments of the SARB.
Prepare and contribute to the preparation of briefings, speeches, and presentations for senior management forums in the SARB as well as external forums.
Lead presentations in external forums on behalf of the Division.  Participate in projects relating to monetary policy implementation, government funding operations and the management of the above-mentioned local-currency investment portfolios.
Participate actively on-the-job training for Junior Financial Market Specialists, which may be in the form of workshops or internal forums on research conducted.
Provide inputs in the overall performance evaluations of other Financial Markets Specialists where applicable.
Qualifications Job requirements To be considered for this position, candidates must be in possession of: an Honours degree (NQF8) in Economics, Accounting, Actuarial Science, Financial Engineering, Mathematics of Finance, Finance, or an equivalent combination of education in the required field and job- related experience; and a minimum of eight to ten years' experience in the financial markets' environment.
The following will be an added advantage: Master's degree in the above disciplines, Chartered Financial Analyst (CFA) qualification, and knowledge and skills in money market operations, financial mathematics, domestic and international interest rates, bond markets, interest rate products, market intelligence, the investment industry, money market fund management, research methodologies, Reuters, Bloomberg, management of stakeholder relationships, project management, and relevant policies and procedures.
Registered Persons Exam certification Additional requirements include: proficiency in the Microsoft (MS) Office suite, with expert knowledge of MS Excel; advanced mathematical and statistical modelling; advanced programming skills (VBA, MATLAB or other languages that can be used in implementing models); excellent interpersonal as well as verbal and written communication skills; report writing skills; research methodology skills; planning and organising skills; decision-making skills; presentation skills; being a team player; and integrity.
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