Specialist : derivatives clearing (contract)

Job Description

Our primary service offering to clients is to clear, settle and report on Exchange Traded Derivative contracts traded on the JSE platform. Derivatives Clearing Specialists are responsible for :

Client service and query management Risk management Settlement of daily JSE margin calls Monitoring of client exposure against available funds Clearing and understanding of products across different markets Commodity Derivatives Equity Derivatives Interest Rate and Currency Derivatives Acceptance and allocation of derivative trades from interdealer brokers obo offshore clients Shift rotation according to different market closing times. Operational duties as described in more detail below. Key Responsibilities Process daily cash settlements and transfer instructions Engagement with clients and stakeholders Balancing the daily JSE derivatives clearing markets and electronic reporting. Reconciliation of daily trade data Position and deal management On boarding of clients Re...