Securities & Custody Analyst
6 days ago
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What you’ll do
- Processing transaction settlement processes in Custody Operations unit for Equities, Bonds and Money Market.
- Liaise with brokers, regulators, and other market participants to ensure all trades settled.
- Ensure that the client is informed of all open and unmatched trades.
- Make sure that market obligations are met to avoid market sanctions for default.
- Reconciliation and monitoring client cash and security account
- Continuously improve on procedures and process flow for settlement
- Act as back up for all positions in the unit including Head of Custody operations.
- Liaise with various departments in the bank to service the client.
- Work with the Head of Custody operations to streamline processes and to achieve common goals.
- Supervision of settlement operations within Custody Operations unit
- Manage daily settlement functions in Custody operations in conjunction with ensuring quality service are delivered to the client. Ensure all control, policies, procedures and reporting requirements are adhered to.
- Co-ordinate provision of settlement information provided to customers by Custody Operations team in response to clients’ settlement related queries.
- Provide input to the development of Custody product programmes. Support the business units on all Custody business development projects.
- Maintain effective personal administration and capacity.
- Work with the other units that are settlement interfacing to streamline processes and to achieve common goals.
- Assist Head of Custody operations in providing feedback to business heads and the Senior Country Operations Officer on all risks associated with Custody products/processes, including those associated with changes in the regulatory environment, and ensure that such risks are appropriately documented and addressed by the implementation of effective controls.
- Participating in process improvement projects and various operations management tasks as delegated.
- Conduct internal and market testing where required.
- Manage client queries be responding within agreed turnaround times, in a professional manner and address client education where necessary.
What we’ll need from you
- 5 years of Equity, Fixed Income and Money Market experience in the South African custody market.
- A University Degree.
- Strate Compliance officer is an added advantage.
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