Administrator - Trade Operations at Maitland

Job Advert Summary

The Administrator (Trade Operations) primary responsibility involves the accurate, timely and correct confirmation of all local and international trades to counterparty allegements and the instruction of settlement to the relevant custodians.

Minimum Requirements

•  A relevant tertiary qualification and a minimum of 2 years applicable experience;
• Knowledge of most major custodial systems as well as OMGEO is a distinct advantage;
• Sound understanding and experience of international trade settlements;
• Experience in using Decalog and trade matching applications are an advantage.

Duties and Responsibilities

• Accountability for the matching and settlement of transactions executed in all South African and Non South African Markets
•  Liaising with clients and third parties to resolve unmatched trades
•  Ensuring that all settlement instructions reach the custodian timeously and that all trades are committed for settlement within the required market timelines
• Accountability for investigation and resolution of unmatched transactions or failed trades
•  Ensuring that all queries raised by internal and external clients are resolved within required timelines and to the required standard
• The reporting of unmatched trades to clients within required timelines and driving resolution thereof
•  Maintain professional relationships with all third parties including custodians, brokers and vendors
•  Identify, investigate, design and implementation of process developments
• Risk management including design and implementation of controls
•  Providing Operations to across all Operation teams and other users in the organization
•  Responsible for managing the implementation of any testing
• Ensure all team business process documents are up to date
• Point of Contact for projects, as is applicable
•  Assist in logging IRs on Salesforce
• Provide assistance in the monthly management KPI deliveries;
• Provide Operations to the Team Leader/Manager.

Skills and Competencies

•  A high attention to detail and structured approach to work;
•  A good understanding of MS office & IT packages (particularly Excel);
• Knowledge of international securities markets is an advantage;
•  Above average communication skills (written & verbal);
•  Confident & enthusiastic, and a quick learner;
•  A track record of successfully working within a team;