Job Description

Equities Trader

MODE OF ENGAGEMENT

Full-time

PRIMARY JOB LOCATION

PROBATIONARY PERIOD

CEO

Create an equities trading portfolio and commence trading.
Develop equities trading strategies to support the trading unit profitability.
Attend and contribute to trading strategy sessions/trading committee meetings (monthly).
Attend and contribute to the group’s team meetings (quarterly).
Establish equities trading lines with external counterparties.
Actively compile, implement and monitor all equities trading plans and strategies.
Monitor news, keeping track of market and other pertinent developments relevant to equities trading.
Monitor real-time market fluctuations to actively trade equities and contribute to the trading unit’s profitability.
Deliver a minimum annualized return of 20%.
Discuss the short to long-term cyclical developments within equities (daily).
Provide trading plans for equities (weekly).
Provide voice notes and market notes on equities trading activity, market conditions, or observed trends as contributions to the publication of podcasts and market notes (monthly).

Manage equities trading risk on behalf of the trading unit, amounting to but not exceeding 25% allocation of total trading unit capital.
Achieve an appropriate risk profile in line with trading unit strategy, trading unit standards and trading unit risk tolerance.
Actively comply and adhere to all internal controls, procedures and documentation including but not limited to execution of stop-loss strategy, portfolio allocation, code of conduct, trading mandate and trading practices manual.
Fully understand and remain up to date on all legislation governing equities trading.
Ensure regulatory compliance with respect to equities trading.
Maintain accurate records of all equities trades and transactions by actively tracking and submitting equities trading blotter to relevant internal counterparties (daily).
Reconcile equities position with Market Risk Manager (daily).
Reconcile equities portfolio PnL with Market Risk Manager (daily).
Ensure satisfactory internal audit reports (annual).
Actively dissolve all internal audit outstanding items.

The sole objective of the trader is to use his expertise in equities to grow the company’s portfolio and to make returns.
All trades shall be done on the company’s registered platforms and apps.
The trading portfolio will be subject to the company’s risk management process and will be overseen by its Risk Manager and Head of Trading Unit.

Entrepreneurial spirit, drive and follow-through.
Cultural intelligence and deep knowledge of international economics, trade, markets and finance.
Proven hands-on experience managing a portfolio.
Strong organizational and communication skills.
An analytical mind comfortable with numbers.
Track record of meeting and exceeding targets.
Energy, drive and aptitude for delivering results.
A degree in Business, Commerce, Economics or any relevant field.
A minimum of 1- 3 years of work experience in a similar role.
Experience in financial services is an advantage.