JSE Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

Corporate Action Specialist

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To interpret company announcements and ensure that the quality of the trading and corporate actions reference data is high, across all JSE markets and into the various JSE reference data systems, to underpin and support the ability of the rest of the JSE and the South African market to process accurately.

Job description

Results Delivery

• Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy.
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
• Provide input into the formalisation for the divisional budget.
• Manage allocated budget by tracking costs.
• Ensure systems, products or projects delivered contributes to improve client/JSE service by providing input on budgets, resources required, and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders Contribute to crafting of departmental business plan to ensure delivery of focus areas for the year in support of divisional annual strategy.
• Contribute to the overall JSE revenue and business objectives by providing quality and professional services to clients and therefore adhering to the agreed SLA (Service Level Agreement).
• Craft annual planning of individual deliverables as per performance agreement to enable progress to plan tracking on a continuous basis, which will ensure contribution to the overall divisional service delivery.
• Oversee team operational activities and ensure quality assurance of outputs and deliverables by reviewing standards in accordance with the rules, regulations and guidelines of the JSE.
• Ensure delivery of outputs that will contribute to the overall success of the JSE through meeting business requirements, following best practices and ensuring that outputs are in adherence to the industry standards and procedures.

Stakeholder Relationship Management

• Build strategic JSE / Industry/ Global network of thought leaders and relationships utilising social media, attending and presenting at conferences and training interventions.
• Develop working relationship with stakeholders and relevant internal teams and demonstrate up to date understanding of their requirements through various methods of interaction and communication to ensure that deliverables are in line with the quality as per agreed objective.
• Gage stakeholder satisfaction through 360 feedback reports, regular engagement and ad-hoc feedback which will include any positive or negative feedback received from the stakeholders regarding the professionalism and timeous nature of interaction.
• Build strategic and sustainable working relationships with internal and external stakeholders through constructive engagements.
• Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions.
• Act as the liaison person with South African Revenue Service (SARS) representing JSE clients on Tax related matters applicable to the processing of Corporate Actions by applying.
• Apply knowledge of the Income Tax act to ensure correct accounting and tax reporting by JSE regulated Intermediaries and ultimate investors applicable to the processing of Corporate Actions.
• Provide focused customer service by proactively learning and understanding the business of all JSE stakeholders to be able to respond to their queries with insight and more value-add.
• Ensure that external stakeholders receive 100% accurate reference data through quality assurance, ultimately ensuring correct investment decisions are made by end investors.
• Resolve any complex Corporate Action queries and queries escalated from clients and/or the client Service Centre that arise from the interpretation and processing of the data.

Process Management

• Manage own delivery against agreed delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required.
• Analyse financial statements and corporate actions relating to listed companies by interpreting the various data sources to decide on how the given data must be processed.
• Quality assures the capturing of trading, corporate actions and instrument reference data for all JSE markets (Equity, Interest Rate, Equity-, Currency-, Commodity- and Interest Rate Derivative) by verifying that it is done and in line with the interpretation of data, to ensure data integrity.
• Interpret the announcements accurately by allocating data into the correct fields on the applicable systems to ensure that the instrument reference data is reliable, and that market participants and investors can make informed investment decision.
• Conduct starts of day and end of day audit checks by running pre-defined reports, noting exceptions and taking corrective action and/or escalate where necessary to have correct data for end users.
• Perform system test scenarios by understanding downstream system implications and documenting of actions as well as writing of procedures to follow and consult with the Corporate Actions Manager and/or Team Lead regarding recommended enhancements.
• Define business system requirements and submit them to the Corporate Actions Manager/Team Lead to develop relevant systems for data interpretation.
• Train and coach junior team members on daily operational processes and other internal staff on the global understanding of corporate action events, their impact on other business areas and any relevant areas to ensure understanding.
• Respond to client queries by utilizing expert knowledge of information of the company announcements to provide expert advice in continuation of business operations.
• Understand customer needs by proactively learning and understanding the business of main clients to be able to respond to them effectively which will assist in answering customer queries with greater insight.
• Perform quality assurance of trading and instrument reference data across all the JSE markets to ensure accurate information is communicated to stakeholders.
• Quality assures the accurate capturing of Company Headline earnings declarations, rolling four quarters calculations and annual processes as performed by team members to ensure correct statistic calculations are disseminated to stakeholders.
• Manage the end-to-end process of issuing, maintaining and reporting of instrument ISO codes (ISINs, FISN and CFI codes) issued for listed and unlisted instruments.
• Identify production issues through on-going monitoring and tracking against the business objectives and either resolve independently or otherwise escalate critical issues timeously for resolution.
• Assist the technical system support teams by investigating and correcting data discrepancies for end of day batch errors or abends.
• Identify obstacles and major challenges through continuous review of processes and standards to ensure effective operational alignment to strategic priorities.
• Make decision about best practice through comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints, and probable consequences; liaising with management and relevant stakeholders as and when required.
• Perform complex calculations on escalated queries by applying technical expertise to provide reliable trading and corporate actions reference data for decision-making.
• Continuous focus on resilient operations by reviewing processes and procedures on a continuous basis and suggest potential improvements and automation and update process and procedural documentation for critical processes and selected non-critical processes.
• Quality assures the Market Notices and communication to external stakeholders by reviewing the documents taking into consideration JSE standards to mitigate incorrect communication that might result in financial, legal or reputational risks.
• Attend to ad-hoc duties and responsibilities as assigned by manager in continuation of business and increased productivity.
• Provide input to the JSE Business Continuity team on scope for Remote Disaster Recovery testing to prove systems readiness against the Business Continuity (BC) plan.
• Act as back-up to the Corporate Action Manager Team Lead in his/her absence to ensure continued business operations.
• Improve personal capability and professional growth relating to field of expertise, in line with JSE objectives by discussing development needs and proposed solutions with management.
• Keep abreast of changes in legislation or standards by conducting research and utilising networks.
• Upskill team and other professionals by sharing knowledge and research results.
• Epitomise living the JSE values, displaying professional conduct and adherence to required technical standards.
• Conduct performance review sessions with team members to review performance and progress against targets and agree on appropriate action required to meet targets or standards.
• Engage with team in such a way that the feel motivated to achieve better performance.

Minimum requirements

Minimum Qualification

• A degree in Financial Markets 
• A post-graduate degree in Financial Markets is preferred

Minimum Experience

• 5 – 7 years working experience having worked in a Corporate Actions department/environment

Knowledge and Skills required

• Administrative procedures and systems
• Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
• Divisional service offerings
• Knowledge of the JSE listings requirements
• In-depth knowledge of corporate actions processing in the stock broking industry
• Adapting behaviour to meet major changes at work
• Adapting to a major organisational change
• Building and maintaining effective relationships with internal and external stakeholders

Product Owner – Finance

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To assist the finance team managing daily Finance operations and provide industry knowledge and insight and support to stakeholders on all Finance related technology and operational aspects across all JSE divisions in support of achieving JSE strategic priorities.

Job description

Results Delivery

• Contribute to crafting of Finance divisional and operational plan for the year in support of business strategy.
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
• Provide input into the formalization for the divisional budget for projects/initiatives.
• Contribute to the development of the three year Finance and associated services strategy
• Provide quality assured deliverables in accordance with divisional and JSE standards which will enable on time delivery of divisional outputs.
• Ensure that all results are delivered cost effectively through continuous review of processes and determine the most efficient and cost effective procedures; escalate suggestions and provide input to be evaluated for implementation.
• Ensure delivery of outputs that will contribute to the overall success of the JSE through meeting business requirements, following best practices and ensuring that outputs are in adherence to the industry and internal JSE ITD and business standards and procedures.
• Manage all changes to the Finance related systems and related systems including resource allocation to conduct user acceptance testing in order to ensure that changes to the systems do not negatively impact market quality and integrity or Finance systems availability.
• Receive requests for and identify changes required to the various JSE Finance and related systems and interface with internal stakeholders and software vendors including representing the Finance team at Service Forums to jointly develop release schedules to implement agreed changes.
• Ensure correct prioritisation of all business changes from all divisions and jointly manage stakeholders’ expectations.
• Collaborate with Capital Markets and Post Trade and Information Services (PTIS) with all the various JSE divisions that has billing/financial requirement on relevant initiatives to ensure that all critical aspects of any initiatives or products are considered early on so that the JSE is able to deliver products or initiatives that are in line with the client’s needs and requirements.
• Identify production issues through on-going monitoring and tracking against the business objectives and either resolve independently or otherwise escalate critical issues timeously for resolution.
• Alert line manager and relevant stakeholders of any change in scope or work effort that could result in not meeting the delivery schedules and take appropriate action accordingly.
• Maintain market integrity and quality by monitoring member and client activity; escalate concerns and make recommendations to the Head of Finance to address concerns.
• Perform business checks on Finance systems by reviewing dashboards and screens to ensure Finance is ready for when the various markets open after production deployments and dress rehearsals.
• Attend to day-to-day identified problems through thorough analyses of the situations and risks involved and liaise with line manager in order to ensure that the solutions are in line with the divisional strategic objectives and in adherence to the JSE standards and procedure.
• Identify obstacles and major challenges through continuous review of processes and standards and provide input in order to ensure effective operational alignment to strategic priorities.
• Resolve queries escalated to team by Information Technology on Finance reference data alignment discrepancies or failures in End of Day (EOD) Finance system processes.
• Attend to ad-hoc duties and responsibilities as assigned by the line manager in continuation of business and increased productivity.

Stakeholder Relationship Management

• Interact with EXCO members, department members, cross JSE divisional team members and manager/s in a way that promotes openness and trust and gives them confidence in one’s intentions.
• Attend to and resolve without assistance    Billing queries as received from clients and/or the Client Services Centre on a continuous basis by providing second level support and industry expertise in order to resolve queries timeously in continuation of sustainable stakeholder relationship management.
• Gauge stakeholder satisfaction through internal 360 feedback reports, regular meetings and ad-hoc feedback which will include any positive or negative feedback received from the stakeholders regarding the professionalism and timeous nature of any interaction. 
• Maintain a respectful relationship with members, software providers and shares infrastructure providers by dealing with same in a professional manner, demonstrating an understanding of business objectives and expectations, explaining the rationale behind the application of the systems, rules and directives as well as by demonstrating a thorough knowledge and understanding of the requirements that are being imposed.
• Support ITD vendor relationship Managers for Finance software (Lorge, SynergERP, IDU, Infoslips).
• Use Product Owner Community of Practice to liaise and share with JSE
• Work with Product Owners insights, strategy, vision, business improvements and best practice for system updates and seamless integration and automation. on how to configure the Finance system to meet business requirements

Process Management

•  Manage own delivery against timelines as per LPM and initiatives from across the JSE as well as own agreed delivery plan and set timelines for commitments, identify obstacles to delivery and take appropriate action where required to ensure continued business operations support.
• Report and consult with Finance manager when necessary to review progress and quality of Finance impact/participation against wider JSE initiatives.
• Coach and develop junior team members through skills transfer, ad-hoc training and guidance on procedures and technical requirements in order ensure that team members are appropriately skilled, effective and motivated to produce quality outputs.
• Resolve team member queries and obstacles where they are unable to resolve themselves by reviewing relevant information and making decisions on corrective action in line with business objectives.
• Facilitate the provision of subject matter and industry expert input to Finance related matters in various JSE projects to ensure that the correct Finance functions are implemented to maintain or improve market quality
• Quality assure the Finance participant enablement data on the JSE systems as captured by the various JSE teams in order to ensure that data is relevant and accurate according to defined standards.
• Assist and provide system training and support for Finance and JSE wide users of the Billing systems,backlog of work on Finance systems and perform systems testing on new enhancements of the Billing systems. Actively represent Finance and facilitate Finance deliverables for JSE wide LPM projects and initiatives with active participation in the Agile framework.
• Assist the JSE Business Continuity team with Remote Disaster Recovery testing management oversight during Dress Rehearsals. Compile and maintain the client facing technical Billing publications for software provider billing replication requirements. Work with key software vendors to ensure Finance requirements are defined, built, tested and deployed for improved Finance support to the JSE business.
• Perform the duties of the defined Privacy and Resilience Champion roles as representative of the Finance division and ensure division is up to date on enhancements, decisions and activities.
• Actively drive the Agile and new way of work out within the Finance division.

Minimum requirements

Minimum Qualification

• B Comm degree in Financial or technical related subject (ITD preferable)
• Business degree in financial or engineering related subject
• 5 years of solid technical role experience if no degree with proven information technical related training

Minimum Experience

• Business Analysis (6 months – 1 year)
• Project Management skills – not necessarily an active Project Manager but have project co-ordination skills

Knowledge and Skills required

Knowledge

• JSE Divisional understanding of system delivery Interdependencies of divisions and systems especially if financials are required
• Impact of Financial system changes
• Agile methodologies and framework and practical application thereof
• Software development and architectural principles
• Testing methodologies
• Lean Portfolio Management and understanding of application within the JSE
• MS Sharepoint

Skills

• Adapting behaviour to meet major changes at work
• Adapting to a major organisational change
• Building and maintaining effective relationships with internal and external stakeholders
• Networking with fellow Product Owner, business and technical stakeholders
• Establishing and maintaining collaborative relationships with peers / managers / external stakeholders
•  Understanding and translation of  requirements into agile framework for technical delivery
• Identifying and establishing mitigation for risks and process improvements

Manager – Equities and Equity Derivatives

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To manage a team of product specialists in achieving growth of Equities and Equity Derivatives markets and ensuring they are liquid and globally competitive by creating sustainable partnerships that provide effective solutions that add value to the JSE.

Job description

Deliver financial performance in line with Budget targets

• Engage traders on market conditions, identify opportunities for emerging trading strategies and for new products
• Grow existing product lines through cross-selling and identify new markets opportunities for local and offshore product exposure.
• Manage and lead the crafting of client and product development strategy and take action to ensure delivery of focus areas for the year in support of department and JSE business strategy.
• Provide strategic input into departmental/divisional revenue and costs budget to ensure appropriate resource allocation in achievement of departmental goals by also ensuring team is researching, analysing trends and macro-economic factors, revenue drivers and benchmark against other exchanges and how it impacts the market
• Lead and manage the Pricing Strategy of the allocated Products to ensure an optimal balance between growing market share and revenue sustainably

Effective Process Management

• Manage team to run with research process end to end, by conducting research, presenting proposals to internal stakeholders and completing business cases to ensure initiative viability
• Document research and craft a business case
• End-to-end product development management
• Resolve and manage escalations of complex client queries
• Keep abreast of changes in legislation or standards by conducting research and utilising networks, ensure legislation or standards are in line with client and market needs and if not, lobby with regulators to challenge legislation or standards where appropriate

Self-Management

• Improve personal capability and professional growth relating to field of expertise

Talent Management

• Attract, grow and retain high calibre talent
• Upskill team in core professional knowledge and expertise in Equity Derivatives

Minimum requirements

Minimum Qualification

• Degree (Hon), BSC or Maths of Finance

Minimum Experience

• 5 – 8 years direct experience in financial markets with exposure to equities and/or equity derivatives
• Sales experience and coverage of Sell-Side clients
• Exposure to the Buy-Side (Asset Management) is an added advantage

Knowledge and Skills required

• Client relationship and client service management
• Business Development and Sales experience
• Budgeting and Revenue Forecasting
• Leading and coaching teams

Senior Surveillance Analyst

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To monitor and review trading activity of JSE listed security with the objective of identifying market abuse and the referral thereof to the Financial Sector Conduct Authority for further investigation. To monitor trading activity and ensure compliance with the JSE trading rules.

Job description

Key Performance Areas (KPAs)

Insider trading reviews across all asset classes (cash equities, equity derivatives, corporate bonds)

• Real time monitoring and review of significant share price and share volume reactions
• Monitor and review price-sensitive company announcements falling on your allotted roster
• Preparation and presentation of referral documentation to the Financial Sector Conduct Authority for further investigation at monthly market abuse meetings
• Provide ongoing support to the FSCA investigations until the completion of the investigation

 Price manipulation reviews across asset classes (cash equities, commodity derivatives, bond market)

• Monitor and independently conduct reviews of allegations of prohibited trading practices to identify prohibited trading practices
• Review and signoff of market abuse alerts
• Conduct quarterly alert optimization reviews
• Real time monitoring and review of share price reactions to identify prohibited trading practices
• Preparation and presentation of referral documentation to the Financial Sector Conduct Authority for further investigation at monthly meetings
• Provide ongoing support to the FSCA investigations

Derivative profit and loss reviews

• Execution of derivative profit and loss reviews

Surveillance (operational) processes

• Adjudication of error trades across asset classes
• Execution of all other surveillance processes in line with agreed timelines

Minimum requirements

Minimum Qualification

• Degree in Financial/Quantitative Field (Maths, Engineering, Physics, Computer Science, Data Analytics, Big Data, etc.)

Minimum Experience

• 5 years’ experience preferably in market surveillance
• Market surveillance experience from another exchange would be a huge advantage

Knowledge and Skills required

• Experience in interacting with the front office (i.e. experience in a middle office role)

Product Owner

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To maximise business value (including optimisation of ROI) through representing the voice of the customer and acting as an ambassador for issuer regulation thereby ensuring the right products and services are delivered to Issuer Regulation and its customers (internal and external) within regulatory requirements and obligations whilst balancing the risk the JSE faces and the need to be business enabling whilst achieving the JSE strategic priorities Ensuring that the issuer regulation team as well as our regulated entities are prepared and ready for the implementation of strategic JSE initiatives that impact them by using experience and knowledge to drive change

Job description

Business and Financial Results Management and Delivery

• Provide thought leadership and input into the Issuer Regulation Divisional strategy.
• Provide input into divisional budget to meet requirements and targets Manage and develop all LPM deliverables for Issuer Regulation Division, Capex budgets and business cases and ensure continued compliance to targets for ROI and productivity. Monitor expenses against allocated Capital budgets ensuring cost effective ways of achieving departmental goal
• Managing and prioritise the Product Backlog in collaboration with the Issuer Regulation team in accordance with business value and customer requirements
• Implement departmental IT strategy by ensuring there are business and project release plans in place, monitor activities according to plans, ensure execution of deliverables within agreed timelines, identify cross dependencies between plans and take corrective action when required
• Ensuring the existence of a shared vision for IR Solutions and be the champion for realising this vision through the delivery of the right products to customers (internal & external)
• Manage all and ensure continuous communication to stakeholders and clients regarding progress and manage their expectations including making trade-offs where required
• Enforce and maintain min set of divisional Business Continuity and Recovery procedures, Disaster Recovery checklists and documents and coordinate IR team member participation and responsibilities during mandated internal and Disaster Recovery test execution.

Stakeholder Relationship Management

• Understand clients’ needs by listening to their needs and influencing the outcomes to meet the requirements within project constraints whilst still protecting the JSE project delivery
• Build long term relationships and networks with stakeholders through effective communication, holding regular stakeholder forums continuous engagement and collaboration
• Provide training to internal and external parties on new and amendments to Issuer Regulation systems.
• Manage all communication with Regulated entities on systems and business continuity events requirements.

Process Management

• Gather requirements from internal and external parties on Issuer Regulation systems, develop appropriately detailed specifications for product features so that they are clearly understood by the various groups of stakeholders e.g. development teams, customers, support teams, etc
• Translate functional strategy into department delivery strategy for IT systems, project plans, backlogs and deliverables. Develop user readiness and communication approach and plan and monitor progress against plan.
• Identify risks and issues to the project or market readiness by continuously being in touch with stakeholders for the project to ensure the right mitigation is in place.
• Quality Assure documentation provided to clients to ensure it meets JSE corporate branding and project standard and avoid ambiguity to clients.
• Produce status reports to monitor readiness to check on track against timelines.
• Coordinate the market facing activities by ensuring various activities and business scenarios are executed to track progress and assess readiness internally and externally.
• Actively participate and prepare accurate and concise IR inputs required for Programme Increment (PI) or Big Room Planning
• Prepare and conduct Iteration Planning sessions by reviewing and reprioritizing items on the backlog.
• Compile and maintain the IR technology program vision, roadmap and content presentations.
• Collaborate with other Product Owners to understand, manage, and coordinate cross dependencies.

Team Management

• Collaborating across teams, define and implement improvement stories to increase the velocity and quality of the program.

Transformation and Innovation Management

• Build a culture of improvement to ensure optimisation of the function as business demands change by encouraging and recognising appropriate ideas etc.
• Optimise and improve systems and work processes to drive productivity and reduce cost. Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and JSE results.

Transformation and Innovation 

• Support implementation of business optimisation improvement through team engagement
  Encourage innovation, listen, and act upon ideas from team and provided technical / expert contribution.

Minimum requirements

Minimum Qualification

• Commerce or Information Technology Degree. Post Graduate Qualification

• Member of Agile forums (preferred but not essential)

Minimum Experience

• Minimum of 10 years working experience in Financial Services or IT industry including at least 5 years in a lead role on projects and solutions engaging with large and diverse groups of stakeholders or as a business/product owner level

Knowledge and Skills required

• JSE culture and values
• JSE policies and procedures
• JSE vision and strategy
• Data Analysis
• JSE Human Resources policies and practices
• Relevant JSE product and system knowledge
• Relevant regulatory knowledge
• Relevant Industry knowledge Business continuity and resilience standards and procedures
• Agile and DevOps knowledge
• Competency in software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
• Assurance/Audit core concepts and standards
• Delivery Risk Management
• Divisional service offerings
• High level understanding of Financial Market Infrastructure legal and regulatory landscape
• Business principles
• Decision-making process
• Diversity management
• Industry trends on products relevant to the Regulatory function
• Business terms and definitions
• Business writing
• Business metrics
• Change Management and Stakeholder Management
• Resource allocation principles
• Stakeholder management 
• Support and empower a high performing delivery team
• Prepare and Present to senior leaders and external stakeholders
• Decision making
• Identifying trends
• Challenging the status quo with a view to improving the environment or peoples understanding
• Managing customer expectations
• Drafting reports
• Establishing and maintaining collaborative relationships with peers / subordinates / managers
• Creating a business plan
• Monitoring implementation plan status
• Building and maintaining effective relationships with internal and external stakeholders
• Maintaining and producing capex budgets for the divisional IT solutions
• Developing a client service delivery plan
• Displaying high level of ethics, integrity and confidentiality
• Excellent communication – verbal and written
• Completing a project with constraints
• Developing multiple creative solutions
• Prepare training material and facilitate stakeholder training sessions
• Collect, research and interpret information and integrate different sources of information

Business Resilience Officer

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To ensure that the enterprise operates within its set risk appetite and business resilience obligations in order to avert adverse impact and maximise opportunities.

Job description

Results Delivery

• Provide detail, insight and research of the relevant JSE environment and aligning with best practice for input into enterprise-wide risk management strategy and approach.
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional project budgets.
• Provide insight in establishing (planning) frameworks and methodologies and setting and executing JSE risk and compliance methodology through facilitation with business units
• Provide critical and tactical thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy.
• Participate in methodology design for strategic risk management by identifying and overseeing key strategic and compliance areas.
• Participate in defining and delivering assurance/oversight applying knowledge and insight.
• Ensure systems, products or projects delivered contributes to improve client/JSE service by providing input on budgets, resources required, and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders.
• Provide input into the formalisation for the divisional budget.

Stakeholder Relationship Management

• Interact with risk and business continuity champions and key operational staff (e.g., project managers, heads of business units) to solicit information and advice on appropriate response and/or queries as may be necessary.
• Engage with risk and business continuity champions and staff in determining JSE rating against risk appetite, applicable best practice and compliance areas to ensure understanding of their needs and requirements. 

Process Management

• Interact with and provide insight for management committees to ensure that they are aware of their risk and business resilience profile and manage it accordingly.
• Provide input into the risk and business resilience structures (e.g. risk working group and Exco risk committee) by compiling and presenting the reports and recommending appropriate action Implement Enterprise Risk Management (ERM) framework and processes by identifying and monitoring key risk indicators and managing JSE risk register to ensure appropriate risk response
• Implement risk-based compliance approach by identifying and monitoring key compliance areas managing JSE compliance universe to ensure appropriate response.
• Track and report incidents and loss events, ensuring that root causes are identified and managed.
• Compile appropriate reports for different audiences at required frequencies and on ad-hoc basis
• Provide support, education, and training to staff in order to build a risk and business resilience culture Provide risk oversight and assurance to the following areas and any other that may be identified: IT Governance, Information Security, Projects, Compliance and Business Operations
• Manage the risk and business resilience tool set (i.e., software and spreadsheets) by reviewing and updating them from time to time to ensure that they are fit for purpose and up to date Support the risk and business continuity champions to understand and better perform their roles.
• Perform underlying assurance work in identified focus areas to support both risk reporting and/or assurance opinions.
• Manage own delivery against operational plan and set timelines, identify obstacles to delivery and take appropriate action where required. Along with the CRO and rest of team, develop and contribute to the continuous improvement in level of maturity of the risk environment of JSE and establish risk indicators to be refined over time

Transformation and Innovation Contribution

• Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and JSE results

Minimum requirements

Minimum Qualification

• Degree/Diploma in Business Management, Accounting, Risk, Business Continuity, Compliance or Economics/Information Systems

Minimum Experience

• Minimum of 3-5 years specialised business continuity management, risk management
• Experience in financial services/capital markets or investment/banking would be beneficial.

Knowledge and Skills required

• Professions Knowledge
• Research methodology – Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
• JSE policies and procedures – Business principles (Risk management processes and frameworks)
• Business Continuity principles and methodologies (BCPs, BIAs, etc)
• JSE vision and strategy – Decision-making process
• Stakeholder management (Risk measurement and assessment approaches)
• Data analysis
• Industry trends (Risk mitigation techniques)
• International Standards for Professional Practice
• Basic understanding of Financial Market Infrastructure legal and regulatory landscape
• Basic compliance techniques and approaches
• Assurance/Audit core concepts
• Basic Audit practices and techniques
•  Building and maintaining effective relationships with internal and external stakeholders (communicating complex information – written and orally)
• Networking and building relationships.
• Resolving a difficult conflict
• Providing professional advice/opinion
• Collecting and interpreting information
• Integrating different sources of information – Identifying- and interpreting- risk trends
• Assessing and measuring risk

Financial Risk Specialist

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To develop, implement and maintain a robust credit, liquidity, counterparty credit and market risk management infrastructure and performing critical quantitative functions to create market integrity and enable the JSE to operate the cash and derivative markets.

Job description

Business and Financial Results Delivery

• Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets
• Provide input into the formalisation for the divisional budget
• Develop a robust risk management plan by identifying weaknesses in the current framework, research possible solutions, quantify impact of the solution and finally make a recommendation to present to governance committees and JSE EXCO to mitigate risks
• Measure performance by identifying and managing exposures to mitigate and minimise impact to the JSE and market participants
• Develop methodologies to measure/monitor risks and to mitigate risks on a per risk basis
• Propose solutions by analysing risks using industry best practices, past experience and mathematical skills to develop a risk framework
• Assess and efficiently implement regulatory standards and requirements regarding settlement assurance
• Ensure systems, products or projects delivered contributes to improve client/JSE service by providing input on budgets, resources required and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders

Stakeholder Relationship Management

• Build strategic JSE / Industry/ Global network of thought leaders and relationships utilising social media, attending and presenting at conferences and training interventions.
• Manage stakeholder relationships by understanding new products, investigating risks and advising on best solutions to consistently meet client’s needs
• Build and maintain networks across the JSE and the financial market industry by seeking and providing guidance on financial instruments to gain information of new risks and engaging clients on exposures, products and trends
• Provide risk monitoring tools such as dashboards, logs and escalate if necessary

Process Management

• Manage own delivery by establishing a delivery plan and setting timelines, identify obstacles to delivery and take appropriate action where required
• Deliver work consistently by identifying, monitoring, measuring managing and mitigating Market, Credit,  Counter Party credit, Operational and Liquidity  risk by measuring and  analysing processes and exposures, come up with potential future scenarios and quantify the impact those scenarios can have on the JSE, its clearing members and clients
• Identify risks for stakeholders and the JSE by applying First – Principles and using thresholds and limits and historical information
• Develop, assess and entrench Risk Management Frameworks and regularly conduct independent evaluations thereof and propose same to the board when appropriate
• Design risk reports, conduct evaluations using exposure reports to assess levels of risk an d identify new risks and escalate when appropriate
• Propose levels of risk appetite 
• Analyse results of daily risk quantification by comparing performance of model  market performance against regime, quantify risk mitigation to assess whether the new mitigations need to be implemented and if so, at what stage
• Determine appropriate collateral types including risks and levels of discounting thereof
• Assess exposures and collateral placed against the exposure, reassess the exposure and calculate required collateral and report findings to the appropriate division
• Establish and monitor key risk indicators, as well as propose and implement corrective action plans to mitigate risks
• Participate in ad hoc projects by developing models and quantification procedures ensuring outputs meet business expectations
• Conduct research to keep abreast of best industry practices and regulatory changes to ensure effectiveness of the company’s risk frameworks
• Establish bank capital calculations with regard to contributions to any mutualised default fund
• Propose methodologies for and establish regulatory and economic capital quantification for the JSE to ensure the solvency of the JSE
• Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators
• Supply clients with information to help them analyse and understand capital requirements by applying methodologies and make information as intuitive and explanatory as possible
• Assist with queries when clients enquire on a valuation models and initial margin calculations
• Develop models for new products to help understanding
• Assess accuracy of valuation models on a regular basis by using methodologies and established processes and procedures
• Develop various new risk methodologies, propose to relevant governance committees, document risk methodologies and implement risk methodologies after approval
• Assess new products by analysing the risk to JSE, conducting quantification on products, conducting and implementing risk mitigation methodologies, ensuring compliance with JSE 
• Provide input into the new products committee by making recommendations on whether to support new product to ensure compliance with JSE.
• Make proactive recommendations to Board and Risk committee and to EXCO on capital and risk related policies, including risk appetite of the JSE to help establish complete and comprehensive risk frameworks, appetites and policies
• Design  and specify new systems and processes for implementation for internal and external clients

Minimum requirements

Minimum Qualification

• Degree in Risk
• Post-graduate (Honours / Masters / PhD in quantitative field and/or FRM, CFA or similar industry qualification

Minimum Experience

•  5 years risk management experience in a trading, investments quantitate or market risk environment.

Knowledge and Skills required

• Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
• Divisional service offerings
• Budget forecast assumptions
• Business continuity standard
• Business principles
• Data analysis
• Decision-making process
• Industry trends
• International Standards for Professional Practice
• Communication Strategies
• Research methodology

Corporate Actions Specialist – CSDP

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

This role is a JIS (JSE Investor Services) role and the successful candidate will be responsible for the following: To ensure ongoing administration of elective and non-elective corporate actions in accordance with statutory and service level agreements. To furthermore reduce the department’s exposure to risk by ensuring that internal processes, rules, procedures, policies as well as STRATE’s rules and directives and any other relevant legislation is adhered to.

Job description

Functional Client Liaison Services Operations

• Interpret and process various Corporate Actions.
• Liaise with Strate, CSDP’s, market participants and regulators regarding upcoming events.
• Liaise with Vendors for enhancements and system issues.
• Process dividend payments and rebates, as well as dividends withholding tax dividends.
• Ensure that registers are balanced before and after processing.
• Receive documentation / administration and ensure processing is in accordance with Strate requirements (ensure adherence to strict data protocols and confidentiality).
• Process administration of various aspects relating to client accounts, events and client instructions.
• Receive, record and process all elections from clients, shareholders, market participants for upcoming events.
• Identify any risk elements for any upcoming events and report irregularities to management.
• Administer and process all elective and non-elective corporate action.
• Maintain client records according to internal processes and relevant legislation.
• Submit dividend withholding taxes and datafiles to SARS timeously.
• Participate in market testing

Support Services

• Assist in the collection; preparation and distribution of information required for management and client reporting
• Provide advice to JIS teams and management regarding best practice.
• Review and distribute various reports daily.
• File and scan documents, maintain records of all work performed and report daily statistics to management.
• Communicate and liaise with other departments, direct to correct departments to meet client’s needs.
• Complete project work or work for other teams as required.
• Render backup for areas where assistance is required.

Compliance

• Maintain and improve quality results by adhering to standards and guidelines, recommending improved procedures.
• Operate within controls and procedures to ensure the integrity of the JSE.
• Identify and report risks or areas of concern to management within area of responsibility.
• Ensure compliance with all relevant regulations and procedures to prevent fruitless, wasteful, and irregular expenditure

Customer Services

• Maintain effective working relationships with customers, (both internal and external), including Issuers and Market participants, towards rendering highest quality of services.
• Identify and solves problems whilst demonstrating a high level of integrity in line with the JSE core values.

Cost Control

• Promote the effective and transparent use of financial and other resources.
• Monitor expenditure and ensure spending occurs within budgetary limits and the JSE financial guidelines, report deviations to direct Manager.
• Explore opportunities to control and reduce costs

Minimum requirements

Minimum Qualification

• Matric
• Strate Module 1-3 Accreditation through SAIFM

Preferred Qualification: Relevant Diploma/Certificate 

Minimum Experience

• 1-3 years of Corporate Actions / Client Services environment

Additional Requirements

• Code B Driver’s License (advantageous)

Click here to apply

All the best with your applications.