Financial Operations Manager
2 days ago
**Job Title:** Financial Operations Manager
**Location:** Steenberg, Cape Town
**Estimated Salary:** R450,000 - R550,000 per annum
The Financial Operations Manager supports daily local and global settlements, private client administration, and post-trade activities, focusing on efficient transaction settlements while providing backup for the trade support team.
Key Responsibilities:
- Manage settlement obligations for Equity, Derivative, and Bond trades.
- Ensure timely implementation of procedures for transaction settlements.
- Resolve queries related to trades from brokers and custodians.
- Assist in monitoring daily post-trade settlements for international equity trades.
- Compile incident reports and analyze root causes of potential breaches.
- Coordinate private client trading instructions with the trading desk.
- Develop and document business processes and standard operating procedures.
**Required Skills and Qualifications:**
- 35 years experience in financial services with exposure to stockbroking or financial markets.
- Strong understanding of financial instruments and settlements.
- Proficiency in IT systems, including advanced Excel and exchange systems.
- Relevant qualifications such as BCom or B.Compt.
**Why This Role?**
This position offers an exciting opportunity to join a leading stockbroking team, providing exposure and challenges in Settlements and Operations Management.
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