(1886) Associate Trade Settlement Officer - FMD at South African Reserve Bank

The successful candidate will be responsible for, but not limited to, the following key performance areas:

• Manage the end-to-end settlement of domestic financial market transactions. 
• Process and authorise bond, money market and repo transactions. 
• Capture and verify settlement and accounting transactions accurately. 
• Ensure compliance with Strate rules, regulations and SARB policies. 
• Monitor settlement deadlines and ensure timely processing of transactions. 
• Manage collateral activities, including lodging, release and substitution of collateral. 
• Perform daily reconciliations and resolve any discrepancies promptly. 
• Investigate and resolve failed, rejected or unmatched settlement transactions. 
• Provide settlement support and maintain strong relationships with stakeholders and clients. 
• Maintain accurate records and support process improvements and automation initiatives.
• Participate in strategic and operational projects.

Qualifications

To be considered for this position, candidates must have:

• a Diploma in Financial Management (NQF6) or an equivalent qualification; and
• a minimum of two to five years’ job-related experience.

The following would be an added advantage:

•   completed STRATE and/or JSE settlement certificate.
•   excellent interpersonal skills.
•   excellent communication skills (verbal and written). 
•   a high degree of self-motivation. 

Additional requirements include: 

• in-depth knowledge and understanding of domestic financial markets, instruments and stakeholders.
• working knowledge and understanding of domestic market systems (e.g., collateral systems, Flexcube, SWIFT, SAMOS).
• customer service orientation.
• proficiency in Microsoft Office products.
• willingness to occasionally work overtime when required; and
• proven ability to multi-task, deliver results, and respond quickly and effectively to requests.