Financial Operations Manager

1 day ago


Cape Town, Western Cape, South Africa CA Financial Appointments Full time
Job Description

An exceptional opportunity has arisen for a dynamic and experienced Financial Operations Manager to join our team at CA Financial Appointments. This role supports the dealing desks with local and global settlements, private client administration, and post-trade support activities.

Key Responsibilities:
  • Settlement Function Management: Run the settlement function of Equity, Derivative, and Bond Trades, following relevant exchange rules and directives.
  • Transaction Verification: Verify implemented procedures and action settlement of all transactions in accordance with relevant exchange rules and directives.
  • Exchange Liaison: Advise relevant exchanges of issues that may impact on settlement of a transaction.
  • Settlement Authority Coordination: Liaise with Settlement Authorities of relevant exchanges to ensure efficient and timely settlement of all transactions.
  • Journal and Cash Reconciliation: Check processing of journals, cash payments, and receipts.
  • Net Settlements Schedule Review: Reconcile Net Settlements schedules to Bank Statements and BDA.
  • Query Resolution: Solve external and internal queries relating to trades from brokers, clients, and custodians.
  • Client Relationship Management: Maintain solid client and stakeholder relationships, ensuring any issues are identified and resolved.
  • Trade Support Collaboration: Liaise with Trade Support teams, monitor daily post-trade settlements for international equity trades, and escalate as necessary.
  • Metric Updates: Update metrics concerning settlements and post-trade activities.
  • Trade Matching: Check that trades are matched between clients and stakeholders.
  • Trading Desk Allocations.
  • Private Client Trading Instructions.
  • Incident Reporting.
  • Business Process Management.
  • Compliance Assurance: Liaise with Compliance Officers to ensure compliance with legislation, Exchange Rules, and Directives, taxation.

The successful candidate will have a minimum of 3-5 years' experience in investments, stockbroking, or financial markets operations, with previous settlements experience both locally and internationally. Proficiency in Excel, Accounting & Exchange Systems, Mecras, and BDA is essential.



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