Treasury Operations Consultant

2 weeks ago

Sandton, South Africa Discovery Ltd. Full time

Business Unit:
Discovery Bank
Function:Banking
Date:31 Jul 2023
About Discovery
Discovery's core purpose is to make people healthier and to enhance and protect their lives.

We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery.

Our fast-paced and dynamic environment enables smart, self-driven people to be their best.

As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.


About Discovery Bank
Discovery Bank is a bank like no other - a shared-value bank, designed with our clients in mind.

We're all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards.

Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well.

If you're adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that's safe and nurturing.


Job Purpose


Reporting to the Head of Treasury Operations and Technology, the Treasury Consultant will be responsible for the day-to-day activities of Discovery Bank's Treasury Operations area.

They are responsible for providing a full range of Treasury Support Services (Back office, Middle Office, and Systems Testing) to the Bank's Treasury department.


Areas of responsibility may include but are not limited to

  • Provide daily endtoend Treasury support including trade and payment verification, confirmation, settlements, General Ledger posting and payment reconciliation
  • Provide system testing support (UAT) on bug fixes, system enhancements and new treasury products
  • Reconcile and validate trade capture and day trading activity in timely and accurate manner.
  • Assist in resolving trade discrepancies caused from trade failures, breaks, etc.
  • Ensure that Treasury related internal bank accounts are reconciled by clearing all exceptions
  • Perform daily financial reconciliation between front office systems, payments systems, risk systems & Finance's GL to ensure data in all systems matches
  • Perform variance analysis between Front Office P&L and Finance GL to ensure variances are analysed & explained

Personal Attributes and Skills

  • Written and verbal business communication skills
  • Intermediate excel skills an advantage.
  • Analytical capability and Problem solver
  • Selfstarter and independent thinker
  • Proven ability to plan, navigate and implement initiatives across multiple areas/platforms/business & functional units
  • Experience in managing vendor relationships

Education and Experience

  • Bachelor's Degree in a relevant field
  • Banking / Payments related qualifications (ACI/PASA) an advantage
  • Minimum five years' experience in a Bank Payments or Treasury support environment
  • Experience in performing system and trade reconciliations
  • Good understanding of the processing of financial markets instruments in the following asset classes; Foreign Exchange (FX), Money Markets and Fixed Income
  • Systems experience: Calypso and SAP preferred
  • Knowledge of Society for Worldwide Interbank Financial Telecommunication pa(SWIFT) is preferred
  • EMPLOYMENT EQUITY
The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

  • Head of Treasury

    4 weeks ago

    Sandton, South Africa Bright City Talent Full time

    The HEAD OF TREASURY is ultimately responsible for supporting the business cash requirements to ensure money is in the right place at the right time to achieve the business’ cash goals. Treasury specific tasks include cashflow forecasting, liquidity management, day to day cash management activities, and weekly and monthly reporting. The Head of Treasury...

  • Head of Treasury

    1 month ago

    Sandton, South Africa Bright City Talent Full time

    The HEAD OF TREASURY is ultimately responsible for supporting the business cash requirements to ensure money is in the right place at the right time to achieve the business’ cash goals. Treasury specific tasks include cashflow forecasting, liquidity management, day to day cash management activities, and weekly and monthly reporting. The Head of Treasury...

  • Treasury Manager

    2 days ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Card**Function**:Treasury**Date**:4 Jun 2024**About Discovery** - Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and...

  • Treasury Manager

    2 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    Business Unit:Discovery CardFunction:TreasuryDate:4 Jun 2024About Discovery Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fastpaced and dynamic environment...

  • Corporate Treasury Specialist

    2 weeks ago

    Sandton, South Africa IDC Full time

    To provide compliance support in the execution of Treasury related activities working within and aligned to the prescribed standards, processes and procedures and optimizing the work outputs within these:Accountable for providing input into the development of a compliance framework; including Risk Management and Monitoring plan. Embeds & monitors compliance...

  • Corporate Treasury Specialist

    2 weeks ago

    Sandton, South Africa IDC Full time

    To provide compliance support in the execution of Treasury related activities working within and aligned to the prescribed standards, processes and procedures and optimizing the work outputs within these: - Accountable for providing input into the development of a compliance framework; including Risk Management and Monitoring plan. - Embeds & monitors...

  • Senior Treasury Manager

    3 weeks ago

    Sandton, South Africa Growthpoint Properties Full time

    **Job Purpose** Provide key support and assistance in the development and execution of the company’s treasury and funding strategy, together with the Group Treasurer. Support in the implementation of the strategy and management of the funding pool, the financial risks (including interest rate risks, foreign exchange risks and liquidity risks) and cash...

  • Treasury Accounting Officer

    2 weeks ago

    Sandton, South Africa Project Management Connection Full time

    About:Our client in the Insurance Industry is seeking a to employ a passionate, proactive, and energetic individual for a position as Treasury Accounting Officer.The position exists in Corporate Services: Group Treasury.The main responsibility for this position will entail executing and accounting for Treasury transactions which includes journalizing...

  • Financial Analyst: Treasury Finance

    4 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Payment Operations Consultant

    2 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    Business Unit:Discovery CardFunction:TreasuryDate:30 Jun 2023About DiscoveryDiscovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment...

  • Sales Executive

    4 weeks ago

    Sandton, South Africa Jobs for Humanity Full time

    Company Description Jobs for Humanity is dedicated to building an inclusive and just employment ecosystem. Therefore, we have dedicated this job posting to individuals coming from the following communities: Refugee, Neurodivergent, Single Parent, Blind or Low Vision, Deaf or hard of hearding, Black, Hispanic, Asian, Military Veterans, the Elderly, the...

  • Financial Analyst: Treasury Finance

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa's tomorrow, together one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo...

  • Treasury Control and Governance Specialist

    4 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary This...

  • Payment Operations Consultant

    4 weeks ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Card**Function**:Treasury**Date**:18 Aug 2023**About Discovery** Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and...

  • Specialist Treasury Funding Liquidity

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary Developing...

  • Treasury Control and Governance Specialist

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThis role...

  • Corporate Treasury Secretary/administrator

    2 weeks ago

    Sandton, South Africa IDC Full time

    JOB PURPOSETo efficiently provide secretarial and administrative support to the Head of Department and the Treasury Team to achieve the business objectives of the department.MAIN DUTIES AND RESPONSIBILITIES_ Secretarial Functions _ Provide secretarial support and general administrative function to the Head and team members Receive, direct and relay telephone...

  • Orm Manager

    4 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Operations Settlement Consultant

    3 days ago

    Sandton, South Africa Adcorp Holdings Full time

    Our Client in the Telecommunication space is looking for an Operations Settlement Consultant to take ownership of the reconciliation and settlement queries for users and mini-app participant of the company product whilst providing leadership and guidance to the settlement resource accountable for general merchant. **12-month** contract** **Qualification and...

  • Technology Business Consultant Senior

    5 days ago

    Sandton, South Africa FIS Global Full time

    **Position Type**: Full time **Type Of Hire**: Experienced (relevant combo of work and education) **Education Desired**: Bachelor of Computer Science **Travel Percentage**: 15 - 25% Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and...