Senior FX Trader - Global Markets, Johannesburg
Nedbank · Johannesburg, Gauteng
Overview
Nedbank is looking for a Senior FX Trader to join their Global Markets team in Johannesburg. You will drive revenue through franchise trading and market making, manage risk within approved limits, and help grow the bank's client franchise. This is a great opportunity for an experienced trader with a strong quantitative background and a proven track record in FX derivatives.
About the role
As a Senior FX Trader at Nedbank, you will be part of the Global Markets team responsible for franchise trading and market making activities that drive sustainable revenue growth. You will provide transparent and liquid markets that strengthen NCIB Markets' profile, client franchise, and market presence.
Your day to day will involve managing risk within approved limits and regulatory requirements, monitoring market trends, and building relationships with stakeholders to deliver on the client value proposition. You will also contribute to business growth through trading, system, and risk initiatives.
How to apply: Apply online via the Nedbank careers portal. For questions, contact the Nedbank Recruiting Team at +27 860 555 566.
Requirements
- A relevant S.T.E.M degree
- Post graduate degree in Mathematics or Statistics preferred
- Applicable market and regulatory qualifications such as RPE, ACI, or JSE Traders Exam (preferred at appointment but must be obtained and maintained where required)
- Minimum 3 years' experience in Global Markets market making and trading risk on SA and Africa FX derivative products
- Experience in complex FX non-linear products and markets
- Expertise in FX derivative structuring
- Proven track record in monetising FX derivative flow
- Strong understanding of non-linear risk management
- Experience in multi-curve pricing environments
- Strong quantitative and qualitative analytical skills
- Strong report-writing skills
- Effective stakeholder management and relationship building
- Strong problem-solving and innovation capability
Responsibilities
- Develop, engage, and execute strategy to ensure team profitability in line with agreed budget
- Achieve budgets through franchise trading and effective risk management
- Monitor market trends by researching and engaging with stakeholders on competitor activity
- Grow profitability by streamlining processes, providing bespoke products and solutions, retaining clients, and encouraging cross selling
- Build relationships with stakeholders to deliver on the client value proposition
- Participate in industry forums to contribute to the evolution of the market and market standards
- Ensure adherence to all market, credit, operational, and reputational risk limits and guidelines
- Meet business and legislative requirements
- Ensure trading process optimisation for current and new regions
Job details
- Organisation
- Nedbank
- Location
- Johannesburg, Gauteng
- Job type
- Full time
- Experience level
- Senior (3+ years)
- Education
- Bachelor
- Category
- Banking & Insurance
- Posted
- 29 October 2026 (1 week ago)
- Application Method
- Apply online
Success Guide
This is a senior trading role, so your application should highlight your hands-on experience with FX derivatives and your ability to manage risk. Tailor your CV to show specific deals or strategies you have worked on, and be ready to discuss market trends and pricing approaches in interviews. Nedbank values strong analytical skills and a collaborative approach, so demonstrate how you have built relationships with stakeholders and contributed to team profitability. Make sure your qualifications and certifications are clearly listed. Good luck!
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