Associate Trade Settlement Officer
10 hours ago
-The purpose of this position is to perform day-to-day operational duties in the Trade Settlement unit within the Financial Markets Department (FMD) of the South African Reserve Bank (SARB).
-Detailed Description
Monitor trade flows from execution to settlement, ensuring that risk mitigation controls are in place and adhered to.
- Check and authorise all batches related to government bonds and money market instruments.
- Capture, check and authorise accounting batches.
- Ensure that Strate rules and directives are adhered to.
- Commit to trades on time to meet first and second bond runs.
- Lodge collateral.
- Draft and update procedure manuals.
- Process charges related to settlements.
- Handle ad hoc internal and external client queries, including requests for balances and statements.
- Maintain operational relationships with clients and counterparties.
- Participate in ad hoc projects.
Job Requirements
a Finance-related NQF level 5 or an equivalent qualification; and
- a minimum of two to five years’ job-related experience.
Additional requirements include:
in-depth knowledge and understanding of domestic financial markets, instruments and stakeholders;
- working knowledge and understanding of domestic market systems (e.g. collateral systems, Flexcube, SWIFT and SAMOS);
- customer service orientation;
- proficiency in Microsoft Office products;
- willingness to occasionally work overtime in the event of a settlement problem or query;
- proven ability to multi-task, deliver results, and respond quickly and effectively to requests;
- excellent interpersonal skills;
- excellent communication skills (verbal and written); and
- a high degree of self-motivation.
How To Apply
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The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence.
-Ms Zani Mashinini
-Divisional Head: Centres of Excellence
-Human Resources Department
-Currency
-ZAR
-Amount of Travel
-Work At Home
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