SUMMARY:
Associate Equity Dealer | Newlands
POSITION INFO:
Trading
• Interact with Portfolio Managers, confirming instructions
throughout the session
• Have an up-to-date knowledge of market news and moves
• Interact with Brokers continuously to carry out trade
instructions
• Ensure best execution by minimizing slippage & transaction
costs
• Trade international markets - outside SA hours
• Ensure compliance with internal trading limits and risk
controls.
Trading admin
• Liaise with back/middle-office and Prime brokers to ensure
timely trade settlement
• Send out end of day trade report and save open orders with
PM instructions
Other admin
• Send portfolio SSIs to brokers for the opening of accounts
• Ensure brokerage rates are kept updated on NX Manager
• Assist PM with miscellaneous requests
• Maintain brokerage paid excel sheet
• Send stock recall emails to stock lenders
• Ensure compliance with PA trading and Insider Trading
policies
20% Portfolio & Risk Analytics
• Evaluate portfolio performance using quantitative metrics such
as Sharpe ratio, VaR, and tracking error.
• Assist in building risk models to measure and mitigate market,
credit, and liquidity risks
• Coding using VBA, R or Python advantageous
Performance Reporting & Attribution
• Generate reports on investment performance, attribution, and
style analysis.
• Provide insights on portfolio returns relative to benchmarks.
• Develop dashboards and visualization tools for stakeholders.
Technology & Automation
• Explore cloud computing and AI tools to enhance data
analysis capabilities.
• Automate data processing tasks
Education
• Relevant graduate and postgraduate qualification
• Registered Persons Exams
• JSE Equity Trader exams
• CFA Level 1 an advantage
Experience
• 2-5 years institutional buy or sell side trading (preferably in
equities/derivatives)
• Trading administration experience an advantage
Knowledge and skills
• Analytical
• Team player
• Professionalism
• Attention to detail
• Willingness to learn and/or ask questions
• Ability to act confidently in all interactions
• Strong ethics and awareness of fiduciary duties
• Quick decision maker, albeit in a considered manner
• Familiarity with Bloomberg and some MS Excel ability
• Good understanding of the investment process
