Job Description

Hello future Group Treasury Dealer!

FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand’s business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!

Role Purpose:

Funding desk is tasked with pricing and risk clearing all intergroup transactions.

Are you someone who can:

• Execute transactions between business units and group treasury.

• Price funding requests.
• Help build, automate and document the risk transfer process and the reports around it
• Monitor daily portfolio risk and pnl.
• Explain monthly portfolio movements as well as an understanding of FTP recoveries.
• Gain an understanding of relevant underlying systems and funding strategies.
• Test changes in key processes by assessing its impact on risk and profit.
• Develop processes around new sources of business to be as reactive as possible and can quickly transfer risk and funding for these businesses

• Generate accurate intraday and future cash flow projections.
• Analyse existing businesses to see that the transfer process is consistent and aligned

Education/Qualifications

• B Com, BSc or finance qualifications with 2 - 3-year work experience within a banking or merchant banking environment
• Money Market and Foreign Exchange market experience would be beneficial.
• Understanding and working knowledge of financial instruments is critical for success in the role.
• Self-motivated individual with the ability to work independently, as well as being a strong team player.

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You will have access to:

• Challenging work in a complex and exciting environment
• Opportunities to innovate and create efficiencies.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

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.