Senior Trade & Rebalancing Specialist

Applications Close 19 August 2026

Location

Cape Town, South Africa

Reports To

Team Leader: Trade & Rebalancing

Application Criteria

Qualification approved by the FSCA for FAIS.

Experience

6-8 years’ experience in investment management or related industry. FAIS RE 5 exam passed.

EE Disclaimer

RisCura complies with the Employment Equity Act and will fill all roles in accordance with our Employment Equity strategy and to the specification of the business area. Applicants who have not heard back from Human Resources within one month of the closing date should consider their application unsuccessful.

Purpose of Job

• Responsible for implementing and monitoring trades and activities related to changes to client portfolios.
• Work closely with the Portfolio Management Team, Consulting, the Invest Administration Team and other stakeholders involved in effecting changes to client portfolios.
• Accountable for reviewing portfolios and addressing queries related to changes and performance of funds.
• 2IC responsibilities, including managing the team mailbox, the trade plan roster, derivatives expiries, capital calls and distributions, and change management
• Guide and support various teams as an escalation point for technical knowledge and complex queries.

Key Competencies, Skills and Attributes

• Knowledge of domestic and international financial markets including forex and derivatives trading.
• Proficient in Excel, Power BI, and AI tools.
• Analytical and able to absorb large sets of data.
• Accuracy and high attention to detail.
• Communicate clearly and professionally, both verbally and in writing.
• Ability to function positively under pressure, plan for and meet deadlines.
• Manage own priorities and collaborate successfully with others as part of a team.
• Use initiative, be proactive, and demonstrate strong problem-solving abilities.
• Adapt to changes in the business environment.
• Think in a structured way.
• Quick learner.
• Ability to liaise effectively with Asset Managers and other investment service providers.
• Understanding of Pension Fund industry trends and the broader investment management industry.
• Willing to put in long hours when needed.
• Deep understanding of portfolio asset allocations, underlying manager allocations, and how these are affected by market movements.
• Ability to apply systems thinking to processes, while taking ownership of outcomes.
• Ability to monitor and manage a busy trade roster and mailbox, with strong attention to outstanding items and deadlines.

Monthly/Daily Tasks

• Accurately execute trade instructions to effect changes to client portfolios as instructed by clients and the Portfolio Management Team, including:
  • Booking and confirming trades with foreign exchange agents.
  • Preparing and submitting derivative trading instructions to derivatives agents and brokers and following up for trade confirmations.
  • Instruct and monitor trading activity on CIS Funds and UCITS Funds.
• Monitor listed and OTC derivative expiries and rolls, ensuring timely action is taken ahead of each expiry date.
• Perform pre-trade analysis for larger flows and provide instructions to be carried out by the Administration Team.
• Perform ongoing trade monitoring to ensure settlements and next steps in trade plans are actioned without delay and with accuracy.
• Perform post-trade analysis and checks on trade plans.
• Work closely with the Administration Team to guide them on instructions required for portfolio changes such as rebalances, adding or removing managers, benchmark changes and drawdowns.
• Provide feedback on the completion of executed trades to the Portfolio Management Team and Investment Consultants.
• Review portfolios regularly to ensure that they are aligned to their target positions. Attend review meetings to address any queries related to changes on the portfolios.
• Prepare and/or review reporting on trade and rebalancing activities including:
• • Bi-weekly portfolio review meetings with Portfolio Management Team
    • Monthly portfolio review meetings with Investment Consultants
    • Monthly trade reports
    • Quarterly trade reports
• Review daily derivatives exposures exception reports.
• Monitor and plan for capital calls and distributions ensuring that capital calls are met by the due date in a manner consistent with standing instructions (if applicable) and strategic intent of the portfolio.
• Assist in preparing proposals, client report-backs and other ad hoc queries / reports.
• Attend external meetings, when required and appropriate.
• Assist the Team Leader in managing the team mailbox, ensuring that queries are acknowledged and resolved, and instructions are logged and assigned accordingly.
• Monitor and manage the trade roster to ensure all open items are tracked, actioned and closed out within agreed timeframes.
• Initiate, drive and support internal improvement initiatives within the Invest department to ensure continuous business improvement.
• Maintain standard operating procedure documents for the Trade and Rebalancing function.
• Assist in training and upskilling junior team members.
• Act as a point of backup for the Team Leader in their absence, including day-to-day oversight of the mailbox and trade roster.
• Perform user acceptance testing of enhancements and change requests on systems and applications used by the team as required.
• As part of 2IC development, prepare and approve asset allocation and trade instructions, deputising for the Team Leader when required.
• Work closely with the Team Leader on ad hoc improvement and automation projects.

Other Key Relationships

• Portfolio Management Team.
• External parties such as Asset Managers, Brokers, Administrators and other service providers.
• Internal teams such as Investment Administration, Product Management, Fund Accounting and Reporting teams, and Consultants.
• Systems Development Team and external systems developers.

Remuneration

Market-related.