Johannesburg: Specialist – Derivatives Clearing (Banking) 6-month contract posted by Isilumko Staffing

We are seeking a Specialist in Derivatives Clearing to manage the clearing, settlement, and reporting of Exchange Traded Derivatives on the JSE. The role involves client service, risk management, and handling various derivative products across commodity, equity, interest rate, and currency markets. You will also manage trade acceptance from interdealer brokers on behalf of offshore clients and participate in shift rotations based on market hours.

Key Responsibilities:

• Provide client support and handle queries.
• Manage risk by settling JSE margin calls and monitoring client exposure.
• Clear and manage derivative trades across multiple markets.
• Participate in shift rotations according to market closing times.

Requirements

• Must have matric
• Must be ITC clear
• Must have atleast 3-4 years experience in Financial Markets/ Derivatives Markets
• 1-2 Years Risk management
• 3-4 years relative market experience specific to derivatives markets offered by JSE

Ideal Candidate:

• Strong understanding of Exchange Traded Derivatives and JSE operations.
• Excellent client service skills.
• Experience in risk management and exposure monitoring.