Officer Trade Support at Absa Group Limited (Absa)

Job Summary

• Absa CIB Post Trade Services (PTS) is looking for an individual that has specific skill sets within Trade Support/ Settlements or general stockbroking market knowledge, Corporate Actions BDA processing knowledge/experience is essential for this candidate to be successful

Job Description

Accountability – Block Trade Allocations 40%

• Receive and/or chase up clients for allocation instructions of executed trades. Confirm brokerage, price and nominal per allocation instructions to block trades executed by ACS Trades /DMA on behalf of client. Daily allocation of client bulked trades as per instructions from clients via ftp or manual upload to BDA Allocations, amendments/deal adjustments according to the timelines/deadlines as per the JSE Rules and Directives Assisting Front office traders in rolling out an effective process re trade reporting to backoffice and trade amendments management 2

Accountability – Trade Confirmation & Matching 15%

• Capturing confirming trade economic via one of the matching engines (Perfix and Omgeo) Daily Client confirmation Reporting Chasing up non affirmations in matching engine confirmations with clients and or mismatches.
• Resolve disagreements of trade economics with ACS dealers and or clients. Print, check & email brokers notes on a daily basis using Digibroker Confirmations sent out according to the timelines/deadlines as per the JSE Rules and Directives Accountability – Customer Support 20% 
• Liaising and communicating with Client traders/trade support and ACS traders. Maintaining and excellent relationship with both ACS Traders as well as client contacts. General BDA queries to assist Traders with queries and trade amendments.
• Accountability – MIS Reporting and Reconciliation 15% Reconciliation/Balancing of allocated trades per client instructions to ACS trader executed trades. Exceptions (over, under allocation) escalated to Trader for further action.
• Preparation of trade amendment KRIs and Misdeal KRIs for review by management Daily reporting of misdeal positions and misdeal P+L to Traders. Weekly Reporting of Option Delta P+L as per BDA.

Accountability – Client On Boarding Support 10%

• Accurate and complete capture of all required static information on BDA to load new trading/sub accounts for clients. Validating client SSIs with settlement agents via BDA, prior to trade booking.
• If no confirmation from settlement agent, follow up with client admin regarding additional details and/ no validation of SSI details. Linking client account to swift confirmation messaging, if requested by client.

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)

End Date: February 2, 2026