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

Detailed description

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

• Monitor trade flows from execution to settlement, ensuring that risk mitigation controls are in place and adhered to.
• Verify and authorise all batches related to government bonds and money market instruments.
• Capture, verify and authorise accounting batches.
• Ensure that Strate rules and directives are adhered to.
• Commit to trades on time to meet all the bond runs.
• Lodge collateral.
• Draft and update procedure manuals.
• Process charges related to settlements.
• Handle ad hoc internal and external client queries, including requests for balances and statements.
• Maintain operational relationships with clients and counterparties.
• Participate in ad hoc projects.

Qualifications

Job requirements

To be considered for this position, candidates must have:

• a Finance related NQF level 5 or an equivalent qualification; and
• a minimum of two to five years’ job-related experience.

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. 
• being a team player.