Trade Operations Processing Specialist-1

2 weeks ago


Johannesburg, Gauteng, South Africa FirstRand Bank Limited Full time

Description

To perform the operational tasks related to processing of trade transactions ensuring accuracy in the processing and in adherence to the required performance standards, risk, processes and compliance adherence, International Chamber of Commerce (ICC) ruling, and acknowledging the fit for processing, processing steps to create greater efficiencies (about all Trade Products). Receive applications, analyse transactions for vetting purposes and prepare transactions. Perform compliance and exchange control checks including correct BOP reporting codes, adhering to compliance procedures, rules, laws, and regulations, as well as screening processes. Negotiate pricing and wording / requirements, for preparation; liaise with client, relationship teams, Team Leads and Legal if necessary. Ensure communication to banks and clients are checked against instructions. Capture instructions on the relevant system, complete the workflow requirements, and compliance screening and diarise and capture/update notes throughout the process. Ensure that all feedback or events is accurately recorded and monitored on source systems. Ensure applicable escalations are done to applicable stakeholders. Identify potential risk areas for the bank and clients. Approach Credit for client's limit approval. Vet claim / payment / refund against issued applicable transactions and assess for compliance. Determine if it is foreign or local claim / payment / refund, and if foreign, ensure Exchange Control rulings are applied. Identify possible discrepancies on claim / payment / refund and validate against transaction terms. Advise clients/bank regarding any discrepancies where applicable; refer to Credit, Legal and Relationship Manager / Coverage and Risk and Compliance if necessary. Diarise on relevant system and monitor response from stakeholders. Manage system dashboard. Confirm whether cash cover is affected by the claim / payment / refund (Partial claim). Update notes and hand over the claim / payment / refund/ financial postings and to finalise on system. Monitor client's portfolio trends, provide leads to the Service team, and identify cross-selling opportunities. Process outsourced work, assist with workability of transactions and communication accordingly. Provide solutions to clients aligned to their needs and specific requirements. Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes. Contribute to teamwork and inclusivity by working together to achieve team goals. Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed timeframes and according to quality standards. Take ownership of personal career development, leveraging formal and informal opportunities. System testing to be conducted to ensure efficiencies and streamlined processing (New and amended processes and systems).

Qualifications and Experience:

Experience: 4 to 5 years Trade Experience Qualifications: CDCS or CSDG Certification or relevant qualification

#Post

#RMB

#LI-MM15

Job Details

Application Closing Date

06/06/24

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.



  • Johannesburg, Gauteng, South Africa Rmb Full time

    Trade Operations Processing Specialist-1 page is loaded Trade Operations Processing Specialist-1 Apply locations Johannesburg time type Full time posted on Posted Yesterday job requisition id R10115 Job DescriptionTo perform the operational tasks related to processing of trade transactions ensuring accuracy in the processing and in adherence to the required...


  • Johannesburg, Gauteng, South Africa Wesbank Full time

    Trade and Execution Operations Specialist page is loaded Trade and Execution Operations Specialist Apply locations Johannesburg time type Full time posted on Posted Yesterday job requisition id R13792 Job DescriptionTo perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and...


  • Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Specialist, Trade Support Structured, CIB Operations Job Overview Business Segment: Corporate & Investment Banking Location: ZA, GP, Johannesburg, Baker Street 30 Prepare, monitor, track and validate manual trades for structured/complex products to identify, investigate and resolve exceptions, effectively manage data and to ensure that trades can be...


  • Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo perform the operational tasks related to processing of trade transactions ensuring accuracy in the processing and in adherence to the required performance standards, risk, processes and compliance adherence, International Chamber of Commerce (ICC) ruling, and acknowledging the fit for processing, processing steps to create greater...


  • Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing, ensuring...


  • Johannesburg, Gauteng, South Africa Six Sense Full time

    Gauteng, JohannesburgA well-established Travel company is seeking Senior Operations Specialist Trade & Media.Qualification: Matric certificate with math's (minimum standard grade or above) Tertiary certificate in Travel & Tourism/hospitality.Experience: 45 years' experience in the travel & tourism industry at an intermediate level. Experience in handling...


  • Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing, ensuring...


  • Johannesburg, Gauteng, South Africa Firstrand Bank Limited Full time

    To perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing, ensuring timely...


  • Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Business Segment: Corporate & Investment Banking The Trade Support, Specialist role is primarily focused on managing the trade lifecycle, supporting various Global Markets Trading Desks from an Operational perspective, facilitating the end-to-end trading processes and enabling trade events across functional areas. The role importantly acts as an interface...


  • Johannesburg, Gauteng, South Africa Set Consulting Full time

    Offshore Trade Processing AdministratorReputable Asset Mgt firm seeks detail orientated indiv. Pivotal role to process Offshore Trades in a timely and efficient manner. Ensure Forex and foreign currency trades are processed and settled. Fixed Term Contract (long period).Main Responsibilities:Process Offshore Trades accurately and timeously in line with...


  • Johannesburg, Gauteng, South Africa Vivo Group Full time

    International Trade Specialist - 6 Months Contract - RemoteWe are urgently looking for International Trade Specialist to provide mentorship of International Trade exports to 18 clients within 6 months. This role is ideal for a Consultant as it's a short-term contract.Duties include Mentor 18 clients on export to Mozambique for 6 (six) months. Responsible to...

  • Sage Specialist 1

    2 weeks ago


    Johannesburg, Gauteng, South Africa RPO Recruitment Full time

    RPO Recruitment is currently hiring a SAGE Specialist 1 to join our client's team. As a SAGE Specialist 1, you will be responsible for providing technical support and expertise for SAGE systems. You will work closely with internal stakeholders to troubleshoot issues, implement upgrades, and ensure the smooth operation of SAGE software.Requirements:...


  • Johannesburg, Gauteng, South Africa SET Recruitment Consultants Full time

    Offshore Trade Processing ManagerLeading Asset Mgt firm seeks diligent indiv. Key role to manage and review the offshore trade transactions processed by Administrators. Support Mgt within greater Trade Processing Area. Drive accuracy and efficiency of team performance. Interact with stakeholders in managing turnaround times and any complex transactions....

  • On Trade

    2 weeks ago


    Johannesburg, Gauteng, South Africa Managed People Solutions Full time

    Managed People Solutions is in search of a On-Trade Specialist for a well-known Liquor Company to service the Johannesburg area.Responsibilities: Call Procedures Sales Levers Order Taking Cycle Brief Feedback Stock Allocation Product Changes Trade Visits Relationship Management Account Opening Assistance Customer Communication Execution of Promotions...

  • Logistics Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Tier 1 Full time

    overviewReputable IT Organization in JHB is looking for Logistics specialist to join their team. Join an organization who has built a reputation as one of the leaders in data storagedescription Support shipments to South Africa and shipments to other parts of Africa Oversee international shipments to the country Cooperation with 3PL service providers....

  • On Trade

    2 weeks ago


    Johannesburg, Gauteng, South Africa Managed People Solutions Full time

    A leading name in the liquor industry is looking for a vibrant and energetic On Trade - Specialist to join their team, based in Johannesburg, Gauteng.Responsibilities: Call Procedures Sales Levers Order Taking Cycle Brief Feedback Stock Allocation Product Changes Trade Visits Relationship Management Account Opening Assistance Customer Communication Execution...


  • Johannesburg, Gauteng, South Africa Wesbank Full time

    Trading Support Specialist page is loaded Trading Support Specialist Apply locations Johannesburg time type Full time posted on Posted 3 Days Ago job requisition id R13727 Job DescriptionTo liaise with Business Analysts, development teams, business users, project teams and vendors to provide end-to-end production and project support for all applications in...


  • Johannesburg, Gauteng, South Africa Engen Full time

    Purpose of the Job: Lead the operational execution of the agreed trade marketing plan in the designated region, execute, track regional trade marketing programs and support all Trade categories within indirect business such as RTM High Street, Mass Merchandisers, Retail, Agri and CoopsWho you are: You have a strong ability to work independently and plan...


  • Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo efficiently supervise the team managing the Trade Operations function, whilst being mindful of risk, process and compliance adherenceDeliver against operational and cost targets Prioritise resource allocation to minimise and reduce wastage Monitor costs for the financial year according to the operational plan Allocates and approves...


  • Johannesburg, Gauteng, South Africa Network Contracting Full time

    About the jobJob Purpose and ImpactKey Accountabilities Manage Trade Agreements for Exports and Imports Certificates of originals SARS Compliance HS Codes Minimise duties. Manage the entire Export function including the relevant paperwork Manage the entire import function including the relevant paperwork Provide the relevant HS codes Liaise with multiple...