Payments Support and Forex Administrator

2 weeks ago

Sandton, South Africa Momentum Securities Full time

**Introduction**

Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full range of stockbroking solutions including; traditional trade executions (non-discretionary/self-managed portfolio), an advisory portfolio, full-service stockbroking services and specialist research integrating both a macro and micro market view.

**Role Purpose**

The purpose of the **Payments Support and Forex Administrator role **ensure effective processing of payments - receipts and journals in accordance with set procedures for all external clients of Momentum Securities. This role is also responsible for carrying out all daily forex trading and settlements.

**Requirements**:
**Qualifications**:
- Grade 12/Matric/NQF4
- Bcom related qualification
- Knowledge of JSE & eCube
- Forex trading

**Experience:
- 3-5 years’ experience in payments
- 3-5 years’ experience in Forex trading and settlements
- Financial Markets Knowledge / stockbroking knowledge
- Minimum 1 years’ experience working with BDA & eCube

**Knowledge**:

- Demonstrated knowledge of customer service principles and practices
- Proficiency in Microsoft: Windows, Word, Power Point, Excel

**Duties & Responsibilities**

**Efficient Payments administration support
- Processes payments of transactions in accordance with set procedures in a timeous manner
- Ensure correct banking details are used when processing payments
- Works closely with the senior payment administrator to Identify improved ways to work to minimize risks
- Overview preparation of department schedules where applicable
- Effective relationship and SLAs with internal and external stakeholders and service providers
- Process ad hoc requests and maintain good client and interdepartmental relations
- Keep track of any reconciling items daily checks on all banks to BDA
- Overview preparation of department schedules where applicable
- Ensure timeous payments of transactions in accordance with set procedures
- Assist back office manager with authorisation of payment processes

**Forex trading and settlements
- Liaise with the bank as the authorised dealer to ensure settlements of currency trades
- Action all FX trades daily.
- Daily - check & release FX trades
- Check that all daily FX settlements are received/paid in the bank.
- Check that all daily FX settlements are correctly captured in bda.
- Authorise release in BDA.
- When necessary, prepare letter/Bop form for Non-resident client payment request.

**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.
- **
Showing composure**: Stays calm and relaxed during events; is not worried and tolerates stress levels; is composed in dealing with pressure.
- **
Team working**: Works participatively with others; is democratic and encourages team contributions; collaboratively involves others in decision-making
- **
Understanding people**: Shows empathy and compassion; attends and listens to people; is attentive and understands the motivation in others.
- **
Taking action**: Makes action to make things happen; uses initiative to start things up; shows drive and invests personal energy.

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