Job Description

Bring your possibility to life! Define your career with us





With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary Opportunity to join Global Markets in the team that trades bonds in the secondary market. Suited to a candidate with a Bachelorxe2x80x99s degree in Business/Banking/Finance/Economics/Mathematics with +/- 1 to 3 years Investment Banking experience ideally in Credit Analysis / Global Markets research.

• Assist in conducting credit risk analysis on all issuers that are traded by the desk including potential issuers
• Maintenance of credit opinion on names
• Give regular updates to the trading team on issuers financial and operational performance
• Write credit reviews and pre-auction reviews to be distributed internally and externally
• Create sector dashboards to give an overview picture of the sector and update that on a regular basis
• Rank issuers by relative value based on credit metrics and other key fundamentals relevant to the industry
• Monitor financial results and keep track of results releases
• Be able to flag risks when you see them
• Have client engagements where you can discuss and give educated views on issuers
• Work closely with sales team in client engagements
• Write credit notes to be distributed to external clients on a regular basis
• Contribute to monthly trading reports distributed by traders
• Provide internal traders and external clients with trade ideas where you see opportunities
• Actively manage the proprietary book and track its performance.
• Effectively communicate the role of Credit Trading and the Credit Strategist to all relevant internal and external stakeholders .
• Develop and maintain good working relationships and a professional profile with internal and external business partners
• Maintenance of credit opinion on names

Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised