Settlement & Confirmation Specialist

2 weeks ago

Johannesburg, Gauteng, South Africa Nedbank Full time

Job Classification

  • Job Family
  • Investment Banking


 Career Stream
  • Commercial Support


 Leadership Pipeline
  • Manage Self: Professional
  • FAIS Affected
    Job Purpose
  • Control: To assist the manager in ensuring product control by managing the validation and running of rates; trade amendments; market valuations; profiles and portfolios in order to achieve Nedbanks strategic objectives

Settlement:

To minimise losses and reduce overall cost of operations in order by ensuring all trades are confirmed and settled according to timelines in order to achieve Nedbanks strategic objectives.


Responsibilities:

  • Control daily rate resets, trade amendments, user access, portfolio creation, market to market valuations by confirming Reuters feed into trading systems.
  • Contribute to system projects by running test cases and confirming systems validity.
  • Provide advice on system products by solving queries timeously.
  • Ensure trades are settled by making sure there is sufficient script to settle the trades.
  • Minimise losses and reduce overall cost to business by ensuring all trades are confirmed and settled as per agreed timelines.
  • Deal with queries by liaising with stakeholders and internal clients to avoid failed trades and penalties (reputational risk).
  • Manage internal and external client satisfaction by building and maintaining relationships, understanding client needs and delivering services to meet client requirements.
  • Collaborate with internal and external stakeholders by building and maintaining relationships and giving and receiving feedback.
  • Monitor own performance by tracking against performance goals and taking corrective actions.
  • Manage staff and resource plans by ensuring accountability in task and/or project allocation.
  • Manage operating risks at targeted levels by driving compliance to internal and external guidelines, policies, procedures, business rules, regulatory needs, defined parameters and compliance/governance requirements.
  • Manage risk in business area by analysing and taking action regarding regulatory and audit reports.
  • Resolve work obstacles by putting contingency plans in place and taking corrective action.
  • Contribute to policy, procedures and standards development by making recommendations for improvement.
  • Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buyin for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Job Responsibilities Continue

People Specification

  • Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate


 Preferred Qualification
  • Bachelor of Commerce
  • Essential Certifications
  • ACI certification (ACI
  • Governing Body)


 Preferred Certifications
  • Minimum Experience Level 5 years experience in financial markets

Technical / Professional Knowledge

  • Business writing
  • Communication Strategies
  • Data analysis
  • Industry trends
  • Principles of project management
  • Relevant software and systems knowledge
  • Research methodology
  • Decisionmaking process
  • Cluster Specific Operational Knowledge
  • Asset Risk Management


 Behavioural Competencies
  • Coaching
  • Communication
  • Continuous Learning
  • Decision Making
  • Planning and Organizing
  • Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at _

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