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Trade Support and Settlement Manager

1 week ago

Cape Town, Western Cape, South Africa The Recruitment Council Full time
Opportunities and Challenges

This role offers an exciting opportunity to contribute to both local and international trading operations. The successful candidate will be responsible for managing settlement obligations, resolving trade-related queries, and ensuring compliance with JSE rules and directives.

Responsibilities and Requirements:
  • Manage settlement obligations for equity, derivative, and bond trades in accordance with exchange rules.
  • Reconcile Net Settlements with bank statements and BDA systems.
  • Resolve trade-related queries from brokers, clients, and custodians, ensuring smooth client and counterparty relations.
  • Monitor and ensure compliance with JSE rules and directives, including testing and participating in projects.
Qualifications and Experience:
  • BCom, B.Compt, or equivalent essential.
  • 3-5 years' experience in financial services, particularly in investment, stockbroking, or financial markets operations.
  • Solid understanding of financial instruments.
  • Knowledge and experience with both local and international settlements.
  • Proficiency in various IT systems, including advanced Excel, Accounting & Exchange Systems, Mecras, and BDA.