Junior Commodities Trader

Benefits

Additional Information

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 revenue in our client focused model by performing a role that is responsible for commodities execution, with a primary focus on linear metals commodity trade (physical and derivative) and FX, and including rates, equity and digital asset instruments. Will be responsible for pricing, risk management, product development and client engagement. The role is suited to a graduate keen to pursue a career in trading. Must have working experience (minimum 3 years) within a global market environment. Job Description Grow revenue from client flow across various commodities, instruments and product Maintain and expand on market share with focus on new clients and product Ensure high quality client engagement, collaborating with immediate team as well as broader business to grow revenue Providing accurate and consistent market commentary that drives impactful conversations both internally, and externally to brokers and clients Constructive and proactive engagement with internal stakeholders (Trading, Coverage Banking, Origination, Operations, XVA Desk, Digital, Sales, Treasury etc.) Accurately and timely pricing of flow and structures, both OTC and on exchange Staying abreast of any regulatory changes that have an impact on how we conduct business and adapting to such changes Work with relevant teams in E-commerce trading and QA to drive the digital asset strategy for the bank specific to commodities, ensuring market lead and seamless client experience Ensure compliance to 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 advertised