Settlement Officer

Found in: Adzuna ZA B C2 - 5 days ago


Cape Town, South Africa Adzuna ZA B C2 Full time

Established fund services team seeks a Settlement Officer to join them. This is a strong and stable team, looking for suitable candidates with no less than 2 years' experience in a similar role within fund services, wealth or similar with experience with international markets, and specifically equities, FX and collective investment schemes.

Responsibilities:

  • Capturing / processing, matching and settlement of trades to the accounting system
  • Ensure trades are matched between client notification and counterparty confirmation
  • Ensure reconciliation of the managers notification and counterparty confirmation
  • Sending settlement instructions to custodian for all trades
  • Managing status of trades and requirements
  • Maintaining broker settlement details, contact details and brokerage rates
  • Monitoring of front office trades to ensure STP settlement into the accounting platform
  • Compiling of incident reports and assist in implementing and maintaining process controls
  • Resolving trade queries

Requirements:

  • Minimum of a completed tertiary qualification either Commerce / Investments / Economics or similar
  • Minimum of 2-3 years' experience in a Settlements role in Fund Services / Investment / Wealth Management environment
  • Solid understanding of the financial markets and instruments essential
  • Knowledge and experience on both local and international markets

Please note that if you have not heard from us within 2 weeks of your application, please consider it as unsuccessful for this particular role. Please do though continue to follow us online and apply for suitable opportunities.


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