Head Trading Operations Vacancy

Head Trading Operations Vacancy

Details
Location: Johannesburg, ZA
Date: 07-Nov-2022

Job Title

Head Trading Operations

Job Family

Career Stream

Leadership Pipeline

Job Purpose

To manage and lead the Operations function within Markets Operations; to ensure the creation and sustainability of an operationally excellent support business unit through the execution of all transactional confirmations; clearing; reconciliations; settlements and defined administrative requirements within regulatory contractual and service level obligations, and to ensure the seamless integration of the function with the Nedbank and Markets business model and framework.

Job Responsibilities

•    Build and maintain sound relationships with the relevant internal and external stakeholders.
•    Ensure that all areas grow confidence and relationships with internal and external clients (measured by client issue list and business survey).
•    Ensure successful brand enhancement. Improve client relationships.
•    Ensure alignment and achievement of strategy and create a completive advantage by translating the Nedbank and Business Unit strategy into a customised Divisional strategy.
•    Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbank’s vision and values.
•    Build a high-performance team (Johannesburg direct reporting line, London dotted reporting line) through managing resources, retention and critical staff.
•    Ensure that the leadership agenda has been embraced by the division/function.
•    Manage performance of reports and hold them accountable for managing the performance of their reports.
•    Actively build a culture of improvement. Participate in the recruitment and selection of senior staff.
•    Optimise performance and motivation.
•    Empower team to make decisions and recommend tailored solutions to Business Unit specific problems. Ensure that the business area continually strives towards and meets operational excellence.
•    Implement tactical and operational plans using the project management planning and implementation methodology.
•    Achieve business benefits. Accomplish project goals that are in line with business.
•    Ensure appropriate management of risk/s in the business area. Develop and communicate Operations Strategy.
•    Ensure clear audit reports. Identify, monitor and manage systematic risk through quality financial and management reporting.
•    Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan, analysing and correcting any deviations.
•    Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and DEI.
•    Develop, implement, and measure the effectiveness of a strategy to build a differentiated culture.
•    Manage, develop, and maintain the Operations Expense Budget.
•    Limit losses of scarce financial resource by ensuring robust processes and controlled error rate to reduce unnecessary leakage.
•    Apply approved principals in decision making to balance strategic and tactical decisions and deployment costs.
•    Deliver on key projects for business and function.
•    Deliver progress in the MIS project, which results in enhanced management of business through reporting and measurement.

People Specification

+/-16 Direct/Indirect reports

Essential Qualifications – NQF Level

Preferred Qualification

CA (SA)/Post graduate Degree in Business Administration

Masters degree

Minimum Experience Level

10+ years experience in managing Finance and/or Operations in an Investment Bank with relevant technical market acumen, which includes a demonstrated track record of management of at least 5 years. Experience in Africa a benefit.

Technical / Professional Knowledge

Behavioural Competencies