Managing Executive: NCIB Markets

Job Description

Nedbank RecruitingJob PurposeTo assume accountability for the direction, market positioning, sustainable performance, competitiveness, transformation, risk, compliance of NCIB Markets and be a leading Markets Business with a clearly recognised brand amongst counterparties and corporates.Outputs RequiredMarkets key strategic focus areas are the following, which is instrumental to the success NCIB and the Nedbank Group:Optimal structure and processes: The markets business needs to continually improve its efficiency in cash, collateral and capital utilisation, supporting through processes, appropriate business structure and talent development and retentionClient - Origination and trusted advisor:To be the expert advisors and partners to our clients, through a coordinated service model, while providing a rich, optimised experience by understanding their needs and developing deep long-term relationships. Exploring all opportunities requires a “one-bank” approach with full CIB coordination and alignmentTrading - Excellence in execution:Markets trading businesses that provides execution and market making services to clients in the South African markets and market leading fixed income, structured rates, equities and equity derivatives desks. Continue to execute successfully the initiatives outlined in our strategic plan with a focus on our equities businessEnabling through technology: Continue to strive for a modern, agile business which leads clients by putting technology and global connectivity at the heart of everything it does, understanding clients better by embracing a data culture, and providing them with the means to seamlessly engage with usNedbank Africa Regions and entering new markets:Focus and understanding potential for trading in Africa while continuing to conduct deeper in-country market assessment. Markets aims to optimise its relationship with subsidiaries in order to increase their product offering and grow African deal flow and income through a dedicated team

Responsibilities + Skills

Familiarity with different jurisdictions on the Nedbank Africa Regions and their regulatory environments relating to investmentKnowledge of South African banking acts, regulations and global markets is preferred

Education

A fundamental understanding of the technicalities of markets and investment banking and quantitative skills are importantProven successful leadership in managing a business of a comparable level of complexity and contribution to NCIB MarketsA thorough understanding of technology underpinning the business, the use of technology to deliver client delivery, and the design and implementation of the technology strategy for the business

Experience

A relevant Masters degree or higher qualification is essential10 to 15 years relevant business experience in and knowledge of banking, including but not limited to:Markets, investment banking and/or relevant experience

Job Summary

  • Published on: Monday, 2nd March 2020
  • Designation: Managing Executive: NCIB Markets
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Monday, 2nd March 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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