Specialist: Derivatives Career Opportunity at Nedbank

Nedbank is seeking an ambitious and analytical Specialist in Derivatives to join its dynamic capital markets operations in Johannesburg, Gauteng. In this pivotal role, you will be embedded within a high-performance banking environment, contributing directly to the accurate and compliant post-trade settlement and operational management of complex derivative transactions. As financial markets continuously evolve, Nedbank provides an exceptional platform for forward-thinking professionals looking to establish themselves within corporate and investment banking.

The role interfaces with key internal desks, including institutional trading, compliance, enterprise risk, and financial technology units, ensuring that clearing protocols adhere to stringent regulatory mandates. Operating within a fast-paced market context, the successful candidate will gain hands-on exposure to clearinghouse integrations, trade lifecycle management, and high-impact transaction processing.

Key Responsibilities & Core Duties

• Manage and oversee the end-to-end clearing and settlement process for all derivative instruments and transactions.
• Ensure rigorous compliance with relevant financial regulations, market standards, and internal risk mitigation policies.
• Collaborate actively with front-office trading, risk, compliance, and IT teams to facilitate seamless operational workflows.
• Maintain and enhance cooperative relationships with domestic and global clearinghouses, market brokers, and counterparties.
• Investigate, monitor, and resolve operational discrepancies or breaks related to derivative clearing swiftly.
• Analyse prevailing market developments and regulatory shifts to assess their practical impact on daily clearing operations.
• Participate in continuous process improvement projects designed to automate workflows and elevate operational accuracy.
• Generate accurate daily reports and operational insights on clearing volumes and exposures for senior management review.

Ideal Candidate Profile & Core Attributes

• Demonstrates acute analytical acumen and a high degree of precision when working under tight market deadlines.
• Exhibits strong problem-solving capabilities with a proactive mindset toward resolving settlement hurdles.
• Possesses clear business writing and verbal communication skills tailored for stakeholder engagement.
• Shows an eager commitment to continuous professional learning and staying updated on evolving derivative instruments.

Learning, Mentorship & Career Progression

Working in Nedbank's specialized derivatives space offers unparalleled operational exposure to modern financial market structures. Team members receive dedicated mentorship from established banking leaders and cross-functional teams. This foundation creates robust career advancement opportunities across risk management, structured product operations, regulatory compliance, and broader investment banking divisions.

Estimated Salary Range (Market Benchmark)

The hiring employer has not officially specified a salary for this position. Based on South African market data and industry benchmarks for a junior professional / banking specialist role, the estimated remuneration is approximately R18,000 – R30,000 per month. Please note that this is an industry estimate and actual remuneration will be determined by the employer based on qualifications, experience, and internal pay structures.

How to Apply & Submission Guidelines

Qualified candidates are invited to submit their formal application online through the official Nedbank careers portal. Ensure that your application includes an updated curriculum vitae, certified copies of your qualifications, and relevant academic records. Inquiries can be directed to the Nedbank Recruiting Team at +27 860 555 566.

• Matric / Grade 12 / National Senior Certificate (NQF Level 4).
• A completed NQF Level 7 qualification (or higher) in Finance, Accounting, Economics, or a related quantitative field is preferred (Honours advantageous).
• Basic understanding and foundational knowledge of derivatives clearing, financial market instruments, and regulatory frameworks.
• Proficiency with Microsoft Office suite and familiarity with financial systems used in derivative trade clearing.
• Exceptional analytical, numerical, problem-solving, and professional business writing capabilities.
• Demonstrated ability to perform accurately in a fast-paced, high-pressure financial environment.