Junior Trader Money Market

Empowering Africa's tomorrow, together one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary Responsible for raising Institutional funding for the Bank from the Wholesale market. Responsible for covering a portfolio of clients and generating revenue in accordance with the client set allocated. Build trusted relationships with clients while delivering service and execution excellence. Constantly update the business with regards to the client's strategy and developments. Leverage your client relationships into other areas of the firm to capture cross selling opportunities. Job Description Key Accountabilities Accountability: Sales Management Market and sell Money Market instruments to portfolio of clients and generate production according to scale of clients. Seek to understand client needs and add value to clients by using own knowledge of market. Keep abreast of developments in Money markets, legislation and statutory requirements. Selling/trading in order to maximise volume and growth of full basket of products through tele-selling and customer visitation. Provide end to end servicing of existing customers. Develop strategies in acquiring new business Liaise with various departments. Ensure the administrative portion of the role through data capturing, compiling a quotation, maintaining client data base, draft reports, etc. Compile proposals on pricing and product for submission to clientele. Ensure financial transactions, policies and procedures meet Bank objectives and regulatory requirements Confirms trades with relevant parties Assist with the onboarding of new clients Add value to clients by identifying opportunities and influencing clients to deal through us. Research Investigate and embark on a continuous market scanning of Local and International peers to identify and stay abreast of market trends and activities to inform opportunities for new or enhanced products and services. Conduct market analysis in order to attain market intelligence to inform strategies going forward. Initiate market research relating to the product alignment to client needs, competitors and future trends to ensure sustained profitability for CIBW and competitive advantage. Engage in networking activities, e.g. attending relevant industry conferences, to stay abreast of changes in the industry, aligning portfolio specific processes, product offering and procedures to absorb the impact of change. Understand client strategy and update business on such strategy Read internal research generated and highlight relevant sections to clients and team Stakeholder Engagement Develop and maintain good working relationships with internal and external business partners. Liaise with all business partners to ensure all management information they require is provided to them timeously. Liaise with Money Market traders. Education and Experience Required B Degree in finance or Commerce or equivalent NQF level 6 qualification 3 years' experience in an Investment Banking/ front office sales environment Knowledge & Skills Knowledge of Money Market products Creative thinking and ability to apply to our operations Knowledge of Front Arena Ability to work well in a team Proficiency with Excel Attention to detail is crucial Competencies Deciding and initiating action Learning and researching Entrepreneurial and commercial thinking Relating and networking Adapting and responding to change Persuading and influencing Creating and innovating Education Bachelor s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised At Absa, our story is not a single narrative. It's thousands of individual journeys unfolding across Africa and beyond.From colleagues serving customers in local communities to teams shaping financial solutions across borders, Absa is built on people who bring their lived experiences, ambitions and perspectives into the workplace every day. Whether you're starting your career, a seasoned leader or somewhere in between, your contribution is seen, valued and connected to something bigger.Our presence across Africa - which spans personal and business banking, corporate and investment banking, wealth and investment management, and insurance - exists because of the people who show up in their roles with purpose. Across Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, our colleagues are shaping what Absa becomes in each market.Beyond the continent, teams in global offices and a technology hub support and extend the stories that prove that African talent can lead, influence and innovate on the global stage.At Absa, your story matters because progress is driven by human experience, not hierarchy. When people are enabled to bring their whole selves to work, they don't just build careers. They help shape the future of Africa's financial services landscape.