Senior Reconciliation Specialist

4 days ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

Isilumko Staffing is partnering with a leading bank in South Africa to find a skilled Trade Reconciliations Officer for a 6-month contract.

Key Responsibilities:

  • Risk Management: Identify and mitigate potential risks associated with trade transactions.
  • Post-Settlement Cash Reconciliations: Verify and reconcile cash flows after settlement.
  • Investigation of Outstanding Cash Items: Analyze and resolve discrepancies in cash transactions.
  • Query Resolution: Address customer queries within the specified timeframe.
  • Reporting: Create detailed reports on reconciliation activities.
  • Customer Service: Provide exceptional support to customers, ensuring their needs are met.
  • Bond Position Checks: Monitor bond positions for the Africa region.
  • Variation Margin Checks: Review and verify variation margin movements.
  • Derivative Recon Inbox: Manage and respond to derivative reconciliation inquiries.

Requirements:

  • Qualifications: Matric certification, plus a degree in Financial Markets (SAFEX or BComm).
  • Experience: At least 2 years' experience working within a bank.
  • Skills: Proficiency in domestic treasury, foreign exchange, SWIFT, derivative products, StormQ, IntelliMatch, Murex Core, Global Prime, Plato, Excel, and Business Online.
  • Communication: Excellent written and verbal English skills.
  • Aptitudes: Accuracy, analytical thinking, adaptability, deadline-driven, computer literacy, and a clear ITC (Credit) record.

Compensation: The estimated salary for this role is R500,000 per annum, commensurate with experience.



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