Equity Settlement and Corporate Actions Officer at JPMorgan Chase & Co.

Key Responsibilities

• Corporate Actions processing of mandatory and elective events
• Monitoring and management with the daily equity settlement process
• Investigating and solving all queries reported by the settlement agent
• Calculation of daily settlement funding requirement
• Posting of cash receipts, payments and journals
• Daily reconciliation of bank accounts and other general nostro administration functions
• Preparing and reporting the daily Key Risk Indicators (KPI'S)
• SBL Settlement related Position management - short positions to be covered, to eliminate settlement risk, accurately and on time
• SBL Calculation of collateral and reporting of payments and receivables to securities lending desks
• SBL Reconciliations of all open positions on loan book to BDA
• SBL Confirmation of daily collateral cash movements with lenders
• SBL Assisting with the reconciliation of lender's billing fees and interest calculations
• Assistance with the substantiation and reconciliation of the JSE monthly invoice
• Assistance with the substantiation and reconciliation of the monthly custody fees
• Preparation and requisition of the Monthly STT calculation
• Assistance with the preparation of the monthly GLRS (financial control) substantiation
• Preparation & Settlement of Removals across SA to other dual listed exchanges

Key Competencies

• Ability to interact effectively with clients, lenders, custodian and settlement authority
• Good appreciation of the necessity for a controlled operations environment
• Ability to develop and maintain sound working relationships with other areas in the bank
• Ability to prioritize and co-ordinate work flows effectively
• Ability to work well under pressure
• Attention to detail - high level of accuracy
• Strong analytical and numerical skills
• Good MS Office Skills
• Good communication skills - both written and verbal

Educational/Qualifications

• B. Comm or similar qualification advantageous
• Qualified JSE Settlement Officer essential

Experience

• At least 5 years previous equity settlement experience
• A good understanding of the South African equity market
• Previous working experience with BDA (JSE system) essential
• Corporate Actions elective and processing experience essential
• Previous working experience with SLAMS (SBL) system advantageous
• Understanding the financial impact of posting any settlement related transactions

Key Personality Traits

• Self starter
• Strong team player
• Innovative
• Ability to work under pressure
• Deadline/control orientated
• Hardworking - strength of character
• Enthusiastic
• Assumes ownership
• Client / Stakeholder orientated