HEAD OF CASH EQUITIES – SOUTH AFRICA recruitment
EXPERIENCE/BACKGROUND:
- Management level experience in either an international financial services role or similar organization
- Leadership experience with proven ability in sales and business development
- Good command of English, both written and verbal
- Experience in Frontier/Emerging Markets
PURPOSE OF ROLE:
Entail the leadership, growth and management of the Group's cash equities business in Africa. To be rated as the cash equity business in Africa and start the process for the development of other sophisticated equity products (derivatives, SBL etc)
KEY PERFORMANCE INDICATORS:
The following will be included in the employment contract and will serve as the primary basis for performance reviews
- Manage the strategic direction and growth of the cash equities business (local and international)across Africa with full responsibility for revenue and profit targets
- Significantly expand the profitability of each operation
- Business development, in particular driving client trading volumes and other corporate transactions (Initial Public Offers, Rights Issues, Sponsoring Broker etc)
- Ensure compliance with all regulatory requirements
- Monthly, quarterly and annual reporting to business and clients
- Exercising budgeting and control of expenses
- Analysing the market and the business to find innovative ways to grow revenue, reduce costs and increase profitability in all operations under management
LOCATION:
- Johannesburg
- Travel will be required to achieve key performance indicators
REPORTING LINE:
- CEO of the Securities business
REMUNERATION:
- Competitive basic
- Benefits
- Bonus
- Equity after 3 years