Cross Asset Insto Derivatives Sales

at  Absa Bank Limited

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
To grow Absa’s market share and revenue from its Institutional Client base by performing a role that is responsible for Cross Asset Derivative sales/ execution, with a primary focus on FX and Equity Derivatives. 4 to 6 years’ experience in a Global Markets business with a focus on FX execution. Exposure to Fixed Income and Equity Derivatives would be beneficial
Job Description

Job Responsibilities:

• Grow revenue and market share from institutional client’s base for flow derivative products across the various asset classes we offer
• Maintain and expand on relationships with institutional client base with a focus on new to bank clients
• Ensure high quality client engagement, collaborating with immediate team as well as the broader business to identify cross-sell opportunities for other product classes
• Providing accurate and consistent market commentary that drives impactful conversations with institutional client base
• Generation of trades ideas across product classes that drives cross asset client conversations and potential leads
• Working with the trading team to show out desk axes that could lead to potential trades
• Maintaining accurate management information that ensures informed decision making
• Constructive and proactive engagement with internal stakeholders (Trading, Coverage Banking, Operations, Credit, XVA desk, Digital, Sales, Treasury etc.)
• Accurate and timely pricing of derivative trades either OTC or on exchange
• Staying abreast of any regulatory changes that have an impact on how we conduct business and adapting to such changes
• Work with the relevant teams in E-commerce trading and QA to drive the digital strategy for the bank ensuring a seamless client experience
• Ensure compliance with all internal policies, codes of conduct and external regulations
• Solution minded attitude and positive contribution to the high-performance culture of the Global Markets business.

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 advertise

• Grow revenue and market share from institutional client’s base for flow derivative products across the various asset classes we offer
• Maintain and expand on relationships with institutional client base with a focus on new to bank clients
• Ensure high quality client engagement, collaborating with immediate team as well as the broader business to identify cross-sell opportunities for other product classes
• Providing accurate and consistent market commentary that drives impactful conversations with institutional client base
• Generation of trades ideas across product classes that drives cross asset client conversations and potential leads
• Working with the trading team to show out desk axes that could lead to potential trades
• Maintaining accurate management information that ensures informed decision making
• Constructive and proactive engagement with internal stakeholders (Trading, Coverage Banking, Operations, Credit, XVA desk, Digital, Sales, Treasury etc.)
• Accurate and timely pricing of derivative trades either OTC or on exchange
• Staying abreast of any regulatory changes that have an impact on how we conduct business and adapting to such changes
• Work with the relevant teams in E-commerce trading and QA to drive the digital strategy for the bank ensuring a seamless client experience
• Ensure compliance with all internal policies, codes of conduct and external regulations
• Solution minded attitude and positive contribution to the high-performance culture of the Global Markets business