Markets Operations Specialist - Bonds at RMB - Rand Merchant Bank

About the job
Role Purpose

To support Dealers with confirmations, settlements and reconciliations for all Bond product sets and have Local and Foreign Bond Confirmation experience.

Key Focus Areas

• Display attention to detail in checking instructions and ensuring trades are booked correctly on source systems
• Monitor exceptions on confirmations that have been electronically generated
• Ensure confirmation processing is within KRI deadlines
• Monitor and follow-up outstanding confirmations in line with specific business requirements
• Display accuracy and attention to detail in ensuring settlements are correctly processed in line with minimum standards
• Monitor system alerts to confirm that settlements occurred successfully
• Analyze previous day’s Exception Report and attend to any open items
• Gain a clear understanding of system flows and architecture to identify and resolve process breakdowns and exceptions.
• Understand process flows to identify which systems are causing mismatches
• Liaise with clients, BT and/or Dealers to resolve discrepancies, bugs and general issues
• Challenge and enhance current processes to reduce operational breakdowns and audit findings
• Plan and manage daily tasks and prioritize according to agreed timeframes while maintaining quality standards
• Maintain a positive attitude and self-awareness of your impact on others
• Contribute to a friendly, co-operative climate in working with others to achieve collective goals
• Innovative thinker and always thinking of a better way operating

Qualifications and Experience

• Relevant degree
• 3-5+ years’ experience of operational markets exposure
• Experience in a financial services and banking environment beneficial
• Proficiency in Microsoft Office Suite