Settlements Officer | Cape Town

2 weeks ago


Cape Town, South Africa The Recruitment Council Full time

Job Title: Settlements Officer
Location: Westlake, Tokai
Reporting Line: Team Leader: Trade Management
Business Unit: Fund Services

Job Summary:
The Settlements Officer is essential to the Fund Services team, focusing on trade matching and settlement processes. This role offers the opportunity to contribute to a growing fund services business.

Key Responsibilities:

  • Ensure timely processing and settlement of trades, including Equities, Fixed Income, Derivatives, and FX deals.
  • Prepare manual instructions for unlisted trade settlements and validate account details.
  • Match trades between client notifications and counterparty confirmations, ensuring reconciliation of records.
  • Monitor trade status and maintain broker details and rates.
  • Oversee Straight Through Processing (STP) settlement and compile incident reports.
  • Resolve queries from brokers and clients, maintaining strong relationships for issue resolution.
  • Participate in project tasks aimed at improving operational efficiency.

Required Experience:

  • 2-3 years in a Settlements role within Fund Services or Investment environments.
  • Strong understanding of financial markets and instruments, ideally with local and international market knowledge.

Required Qualifications:

  • Relevant tertiary qualifications in Finance, Commerce, Investments, or Economics.

Key Competencies:

  • Self-starter with the ability to work independently and as part of a team.
  • Strong work ethic, attention to detail, and excellent communication skills.

Why This Role?
This position provides an excellent opportunity for career growth within a dynamic fund services environment.



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