Clearing and settlements

2 months ago


Johannesburg, South Africa Isilumko Staffing (JHB) Full time

One of the TOP banks in S.A. is seeking an experienced SAIFM candidate to join their team as a Clearing and Settlement Specialist, this is a 6-month contract.

Qualifications and experience:

  • Diploma within Financial markets or Bachelors degree in Economics / Business management / Business commerce 
  • SAIFM 
  • No less than 3 years' in derivates sector / financial sector 
  • Risk management experience
  • Clear credit, fraud and criminal record 
  • Great track record as reference checks will be conducted upfront 

Skills:

  • Communication
  • Teamwork 
  • Attention to detail 
  • Data analysis 
  • Data management 
  • Business administration
  • Client centric 
  • Financial acumen 
  • Stakeholder management 

Key performance areas: 

  • Report on exchange traded derivative contracts 
  • Clearing of equity derivatives, commodity derivatives, interest rate and currency derivatives 
  • Settlements - Cash
  • Trading instructions
  • Stakeholder engagement 
  • Recon of daily trade data 
  • Onboarding clients 
  • Identify business deposits and allocate 
  • JSE Troubleshooting 
  • Record the interest on margin 
  • Prep on payments for commodity markets  


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