Johannesburg: Settlements, Operations (6-Month Contract) posted by Isilumko Staffing

A top Bank is looking for a Seeking a settlements officer to start on a 6-month contract

Purpose

• This involves receiving instructions related to Equity Derivative (EQD) trades or transactions.
• tracking the progress of the settlement process from initiation to completion, ensuring that all required actions are taken to fulfill the trade and related obligations.
• identify any discrepancies, issues, or problems that arise in the settlement process and take appropriate actions to address them.
• Meet specified deadlines to ensure that trades are settled in a timely and efficient manner.

Duties

• Identify and raise potential issues internally that could result in a failed trade.
• Engage with internal stakeholders within Settlements to ensure the efficient and effective resolution of simple queries.
• identify and report operational issues internally to ensure delivery of high-quality services.
• Confirm and validate transactions.
• Monitor and track queues to identify failed/ unmatched settlements.
• Attend the required training and adhere to relevant controls, policies and procedures and identify and reportt incidents to limit and mitigate risk and fulfil regulatory or legislative requirements.

Requirements

• Must have matric.
• Must have Diploma in Finance and Accounting
• 1-2 years’ experience in Operations (CIB Operations Fulfillment)
• Must have knowledge of basic operations systems and Financial Market.
• MUST BE ITC CLEAR
• MUST HAVE NO CRIMIMNAL RECORD