We are seeking a detail-oriented and analytical Specialist, Derivatives Clearing to join our team in Johannesburg, South Africa. In this role, you will be responsible for managing and optimising our derivatives clearing processes, ensuring compliance with regulatory requirements, and mitigating risks associated with derivative transactions.

• Execute and monitor daily clearing and settlement processes for various derivative products
• Analyse and resolve clearing-related issues, ensuring timely and accurate settlement
• Perform risk assessments and implement risk mitigation strategies for derivative positions
• Liaise with clearing houses, counterparties, and internal stakeholders to manage clearing relationships
• Ensure compliance with local and international regulatory requirements (e.g., EMIR, Dodd-Frank)
• Develop and maintain documentation for clearing processes and procedures
• Contribute to the continuous improvement of clearing systems and workflows
• Prepare and analyse reports on clearing activities, risk exposures, and performance metrics
• Stay abreast of market trends and regulatory changes affecting derivatives clearing

• Bachelor's degree in Finance, Economics, or a related field
• Minimum of 3-5 years of experience in derivatives clearing or a similar role within financial services
• In-depth knowledge of derivatives markets, clearing processes, and settlement procedures
• Strong understanding of risk management principles and practices in derivatives trading
• Proficiency in using clearing house platforms and advanced Excel skills
• Excellent analytical and problem-solving abilities, with keen attention to detail
• Strong communication skills and ability to work effectively in a team environment
• Experience with various types of derivative products (e.g., futures, options, swaps)
• Thorough understanding of financial regulations related to derivatives clearing
• Professional certifications such as CFA or FRM are desirable
• Ability to work under pressure and meet tight deadlines in a fast-paced environment