Treasury and Financial Markets Trader
old mutual life assurance
📍 johannesburg south africa🕐 1mo ago🔗 workday
Job Description
**Let's Write Africa's Story Together!**
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
**Job Description**
This role forms part of the Trading & Execution team within TFM, responsible for the execution of ALM hedging, liquidity and shareholder investment strategies across multiple asset classes. Rather than specialising in a single product area, the role is deliberately structured to build breadth: the incumbent will develop and maintain trading and execution capability across fixed income (bonds, repos and bond forwards), interest rate and cross-currency derivatives and equity-linked/structured and FX execution, so that they can flex across desks as the team's needs require. This reflects the desk's move toward cross-trained execution coverage, reducing key-person risk and broadening each team member's market exposure. The role requires a strong quantitative grounding, hands-on trading discipline, and the appetite to rotate across product lines over time rather than remain confined to one instrument set.
**Key Result Areas**
* Execution of fixed income trades (nominal and inflation-linked bonds, repos, bond forwards) in line with ALM and liquidity mandates.
* Support and execution of interest rate derivative strategies (vanilla and cross-currency swaps) as part of hedging and funding activity.
* Development of capability in structured and protected equity mandates including execution and monitoring of equity-linked structures.
* FX execution support, including spot and forward transactions tied to funding, hedging and liquidity requirements.
* Evaluation and management of risk exposures across portfolios to ensure ongoing compliance mandates and risk limits.
* Transaction management: accurate booking, confirmation and settlement of trades executed on behalf of the desk.
* Contribution to performance and risk reporting, including daily P&L, risk dashboards and market and trading commentary.
* Relationship management with market makers, liquidity providers and counterparties across covered asset classes.
* Active participation in structured cross-training and desk rotation, building working competence across bonds, swaps and equities/FX to strengthen team bench depth and continuity of coverage.
* Collaboration with the ALM function to develop and refine hedging strategies on behalf of the business.
* Keeping abreast of industry, regulatory and market developments across all covered asset classes and escalating implications where relevant.
**Qualifications & Experience Required**
* Technical degree in Mathematics, Statistics, Finance, Economics or a related quantitative field.
* Open to a range of experience levels (approx. 3–10+ years) in financial markets, from either a trading or asset management background – seniority will be matched to the strongest available candidate.
* Demonstrated experience in Fixed Income is essential; exposure to interest rate derivatives, equity derivatives/structured products and/or FX is advantageous, as is a genuine willingness to build capability across these areas.
* SAIFM RPE and/or JSE Registered Securities Trader exams advantageous (a requirement at more senior levels).
* Proficiency in Bloomberg and related trading and risk systems.
**Competencies**
* Strong analytical and quantitative/modelling skills.
* Exceptional attention to detail.
* Versatility and a genuine willingness to work across multiple asset classes and products, rather than a single specialism.
* Self-motivated, with strong initiative and problem-solving ability.
* Resilient, with the ability to perform well under pressure in a fluid, fast-moving environment.
* Strong professional communication and relationship management skills.
* Team player with a collaborative, knowledge-sharing mindset – willing to teach as well as learn across product lines.
* Able to work independently while remaining accountable to shared desk coverage objectives.
**Skills**
**Competencies**
Business Insight
Communicates Effectively
Courage
Decision Quality
Ensures Accountability
Financial Acumen
Instills Trust
Manages Complexity
**Education**
Baccalaureus Technologie (Required)
**Closing Date**
16 August 2026 , 23:59
_**The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.**_
_**The Old Mutual Story!**_