Dealer-2
FirstRand
Date: 2 weeks ago
City: Johannesburg, Gauteng
Contract type: Full time

Job Description
To generate and sustain new revenue streams across the banking product suite. Originate and grow market share across the business as well as creating a network to originate new business
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:
You will have access to:
- 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
- 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.
You will have access to:
- Challenging work in a complex and exciting environment
- Opportunities to innovate and create efficiencies.
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