Back Office Manager International

5 months ago

Sandton, South Africa Momentum Securities Full time

**Introduction**
- Momentum Securities provides a full range of stockbroking services supported by market-leading investment management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise bespoke solutions for your individual needs, with all our expertise at your disposal. We provide a comprehensive range of stockbroking solutions including; traditional trade executions (non-discretionary/self-managed portfolio), discretionary portfolio management and advisory portfolios. We also offer full-service stockbroking services into a number of domestic and global markets, supported by specialist research integrating our proprietary macro and micro market views.**Role Purpose**
- The purpose of the **Back-office Manager: International **role is to accept accountability in the back-office for all daily operations related to the business’ international products and services. Furthermore, the role will be tasked with the effective management of daily international operations and will need to ensure such duties are carried out efficiently.**Requirements**:
**Qualifications:
- Matric
- B-com Degree

**Experience:
- Minimum 5-8 years operational experience in a stockbroking environment
- Minimum 3-5 years offshore operational experience
- Minimum 3-5 experience working with BDA and eCube
- Sound knowledge of Stockbroking and offshore investment operational practices
- Experience managing a team of technical specialists

**Duties & Responsibilities**

**Daily back-office operations
**Daily operations management of back-office processes, resources and procedures including:

- Ensure effective payment Processing / Operations functions
- Run all the back-office reports for offshore and verify final reporting
- Managing relationships with international counterparties to ensure smooth processing
- Processing forex trading and settlements
- Assists with client escalations, complaints, and queries

**Payment reconciliation**
- Assisting the Back-office Manager with effective control and management of the daily reconciliations of all payment streams
- Oversees the offshore reconciliation process
- Assist with the onshore reconciliation process

**Securities
- Managing all offshore scrip requirements, including appropriate controls over SETEX settlement

**Client account Maintenance
- Managing processes for the effective transmission to and acceptance of mandates by offshore counterparts.

**Assisting Back Office Manager**
- Assisting with Back-office Manager responsibilities during absence or times of greater activity volume.

**Competencies**
- **Checking things **:Is meticulous in finding errors; ensures accuracy by being thorough and checking details; produces high quality work by being detailed.
- **Examining information**: Analyses and processes information; asks probing questions; strives to find solutions to problems.
- **Following procedures**: Conforms and adheres to rules; closely follows instructions and procedures; minimises risks by sticking to processes.
- **Managing tasks **:Manages tasks by being organised and methodical; plans activities systematically; sets priorities for tasks.
- **Taking action**: Takes action to make things happen; uses initiative to start things up; shows drive and invests personal energy.
- **Upholding standards**: Behaves ethically and justly; is discreet and maintains confidentiality; meets commitments by acting with integrity.
- **Conveying self confidence **:Is self-assured and projects inner confidence; is confident and determines own future; values own contributions.
- **Directing people**: Is comfortable leading people; coordinates and directs groups; seeks to control things.

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