Settlement & Confirmation Specialist

5 months ago


Johannesburg, South Africa Nedbank Full time

**Job Classification**
- Job Family- Investment Banking
- Career Stream- Commercial Support
- Leadership Pipeline- Manage Self: Professional
- FAIS Affected**Job Purpose**
- Control: To assist the manager in ensuring product control by managing the validation and running of rates; trade amendments; market valuations; profiles and portfolios in order to achieve Nedbanks strategic objectives.Settlement: To minimise losses and reduce overall cost of operations in order by ensuring all trades are confirmed and settled according to timelines in order to achieve Nedbanks strategic objectives.

**Responsibilities**:

- Control daily rate resets, trade amendments, user access, portfolio creation, market to market valuations by confirming Reuters feed into trading systems.
- Contribute to system projects by running test cases and confirming systems validity.
- Provide advice on system products by solving queries timeously.
- Ensure trades are settled by making sure there is sufficient script to settle the trades.
- Minimise losses and reduce overall cost to business by ensuring all trades are confirmed and settled as per agreed timelines.
- Deal with queries by liaising with stakeholders and internal clients to avoid failed trades and penalties (reputational risk).
- Manage internal and external client satisfaction by building and maintaining relationships, understanding client needs and delivering services to meet client requirements.
- Collaborate with internal and external stakeholders by building and maintaining relationships and giving and receiving feedback.
- Monitor own performance by tracking against performance goals and taking corrective actions.
- Manage staff and resource plans by ensuring accountability in task and/or project allocation.
- Manage operating risks at targeted levels by driving compliance to internal and external guidelines, policies, procedures, business rules, regulatory needs, defined parameters and compliance/governance requirements.
- Manage risk in business area by analysing and taking action regarding regulatory and audit reports.
- Resolve work obstacles by putting contingency plans in place and taking corrective action.
- Contribute to policy, procedures and standards development by making recommendations for improvement.
- Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

**Job Responsibilities Continue**

**People Specification**
- Essential Qualifications - NQF Level- Matric / Grade 12 / National Senior Certificate
- Preferred Qualification- Bachelor of Commerce- Essential Certifications- ACI certification (ACI - Governing Body)
- Preferred Certifications- Minimum Experience Level- 5 years experience in financial markets

**Technical / Professional Knowledge**
- Business writing
- Communication Strategies
- Data analysis
- Industry trends
- Principles of project management
- Relevant software and systems knowledge
- Research methodology
- Decision-making process
- Cluster Specific Operational Knowledge
- Asset Risk Management
- Behavioural Competencies- Coaching
- Communication
- Continuous Learning
- Decision Making
- Planning and Organizing
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_


  • Settlement Specialist

    2 weeks ago


    Johannesburg, South Africa FirstRand Full time

    Job Description To focus on the end to end settlement process to mitigate risk in terms of reporting to STRATE and to ensure that the process is enhanced for alignment to any legislative changes. Hello Future Settlements Specialist Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us...


  • Johannesburg, South Africa FNB South Africa Full time

    Job title : Settlement SpecialistJob Location : Gauteng, JohannesburgDeadline : December 28, 2024Quick Recommended Links Jobs by Location Job by industries Job Description To focus on the end to end settlement process to mitigate risk in terms of reporting to STRATE and to ensure that the process is enhanced for alignment to any legislative changes. Hello...


  • Johannesburg, South Africa FNB South Africa Full time

    Job title : Settlement Specialist Job Location : Gauteng, Johannesburg Deadline : December 28, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To focus on the end to end settlement process to mitigate risk in terms of reporting to STRATE and to ensure that the process is enhanced for alignment to any...


  • Johannesburg, Gauteng, South Africa FNB South Africa Full time

    Company Overview:FNB South Africa, a leading financial institution, is seeking an experienced Senior Settlement Operations Specialist to join its team in Johannesburg. This role offers a unique opportunity to contribute to the company's success and grow professionally.Job Description:The Senior Settlement Operations Specialist will be responsible for...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Isilumko Staffing is seeking a highly skilled Financial Derivatives Settlement Specialist to join our team. As a key member of our operations team, you will be responsible for ensuring the smooth settlement of financial derivatives transactions.About the RoleWe are looking for a detail-oriented and organized individual who can receive and process financial...


  • Johannesburg, South Africa FirstRand Full time

    Job Description To support front office teams with confirmations, settlements and reconciliations across the various product sets. - Demonstrate cost consciousness and awareness of personal contribution to costs and productivity. - Identify and escalates potential risks that may lead to increased costs. - Prevent wastage and identify process improvements to...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    About the RoleWe are seeking a highly skilled Senior Settlements Specialist to join our team at Isilumko Staffing. The successful candidate will be responsible for receiving and processing EQD with manual intervention settlement instructions, monitoring the settlement lifecycle, identifying and escalating exceptions within specified deadlines.


  • Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To support front office teams with confirmations, settlements and reconciliations across the various product sets.**experience and qualifications**: - Relevant degree - 0 to 1 years’ experience Experience and Skills - Analytical Thinking - Solutions Thinking - Verbal and...


  • Johannesburg, South Africa Nedbank Full time

    **Job Purpose** - To drive the timeous execution of the day-to-day custody settlement services within Client Delivery Services through increased operational efficiency and improved client experience. To identify and mitigate operational risk/issues through the collaboration with relevant servicing teams by managing exceptions and timeous engagement with...

  • Settlements Officer

    1 month ago


    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job DescriptionWe are seeking a highly skilled Settlements Officer to join our team at Isilumko Staffing.Purpose: The successful candidate will be responsible for receiving instructions related to Equity Derivative trades or transactions, tracking the progress of the settlement process, and ensuring that all required actions are taken to fulfill the trade...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Settlements Operations OfficerWe are seeking a skilled Settlements Operations Officer to join our team at Isilumko Staffing. As a key member of our operations team, you will be responsible for ensuring the smooth settlement of trades and related obligations.Track the progress of the settlement process from initiation to completion.Identify...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Nedbank is seeking an experienced Equity Settlements Specialist to join their team. This role requires a strong background in financial services, specifically in equity settlements. The successful candidate will be responsible for managing and processing daily client instructions timeously according to market timelines.Key Responsibilities:Manage and process...


  • Johannesburg, Gauteng, South Africa Citi Full time

    Job Title:Investment Settlement Operations Specialist

  • Settlements Officer

    3 weeks ago


    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job DescriptionWe are seeking a highly skilled Settlements Officer to join our team at Isilumko Staffing.Key Responsibilities:Receive and process instructions related to Equity Derivative trades or transactions, ensuring timely and accurate settlement.Monitor the progress of the settlement process from initiation to completion, identifying any discrepancies...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Company Overview:">The TOP bank in South Africa is seeking an experienced SAIFM candidate to join their team as a Derivatives Clearing and Settlement Specialist, this is a 6-month contract.Job Summary:This role involves clearing of equity derivatives, commodity derivatives, interest rate and currency derivatives, settlements - cash, trading instructions,...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    As a key member of the Client Delivery Services team at Nedbank, you will play a critical role in driving the timeous execution of day-to-day custody settlement services. Your primary responsibility will be to manage and process daily client instructions according to market timelines, ensuring that exceptions are identified, tracked, resolved, and...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Isilumko Staffing (JHB) is seeking an experienced professional to fill the role of Clearing and Settlements Specialist. This is a 6-month contract opportunity.Key qualifications and experience:Diploma in Financial Markets or Bachelor's degree in Economics, Business Management, or Business CommerceSAIFM certificationAt least 3 years of experience in the...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job OverviewWe are seeking an experienced Senior FX Derivatives Confirmation Specialist to join our team at Isilumko Staffing. As a key member of our operations team, you will be responsible for ensuring the timely and accurate confirmation of Foreign Exchange Derivatives (FXD) and other financial products.


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    The role of the Confirmations Officer - Derivatives Team is to ensure efficient and accurate confirmation of outgoing and incoming derivatives transactions across FXD, IRD, and Africa Desk products.Main Responsibilities:Confirm and verify all derivative transactions in a timely and accurate manner.Match and reconcile all derivatives confirmations for FXD,...


  • Johannesburg, South Africa Isilumko Staffing Full time

    A top Bank is looking for a Seeking a settlements officer to start on a 12-month contract.Purposetracking the progress of the settlement process from initiation to completion, ensuring that all required actions are taken to fulfill the trade and related obligations.identify any discrepancies, issues, or problems that arise in the settlement process and take...