Operations Specialist

3 weeks ago


Cape Town, Western Cape, South Africa The Recruitment Council Full time

Job Title: Operations Specialist

Location: Steenberg, Cape Town
Reporting Line: Head of Operations

Job Summary:
The Operations Specialist supports daily local and global settlements, private client administration, and post-trade activities, focusing on efficient transaction settlements while providing backup for the trade support team.

Key Responsibilities:

  • Manage settlement obligations for Equity, Derivative, and Bond trades.
  • Ensure timely implementation of procedures for transaction settlements.
  • Resolve queries related to trades from brokers and custodians.
  • Assist in monitoring daily post-trade settlements for international equity trades.
  • Compile incident reports and analyze root causes of potential breaches.
  • Coordinate private client trading instructions with the trading desk.
  • Develop and document business processes and standard operating procedures.

Qualifications and Experience:

  • 35 years experience in financial services with exposure to stockbroking or financial markets.
  • Strong understanding of financial instruments and settlements.
  • Proficiency in IT systems, including advanced Excel and exchange systems.
  • Relevant qualifications such as BCom or B.Compt.

Key Competencies:

  • Self-starter with strong problem-solving skills.
  • Meticulous, organized, and detail-oriented.
  • Flexible and adaptable to changing business needs.
  • Strong growth mindset and willingness to work extra hours.

Why This Role?
This position offers an exciting opportunity to join a leading stockbroking team, providing exposure and challenges in Settlements and Operations Management.



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