Securities & Custody Analyst

6 days ago


Johannesburg, South Africa Citi Full time
Job title : Securities & Custody Analyst Job Location : Gauteng, Johannesburg Deadline : December 27, 2024 Quick Recommended Links
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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.

  • Accounting / Financial Services  jobs


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