Settlement and Securities Officer
5 days ago
**Job Summary**
Momentum is seeking a highly skilled Settlement and Securities Officer to join our team. As a key member of our securities operations department, you will be responsible for ensuring the effective functioning of our securities operations by monitoring and managing all securities-related processes.
Key Responsibilities
- Monitor all controls within JSE regulations to ensure compliance.
- Ensure settlements are completed accurately and within the appropriate settlement cycle.
- Monitor securities lending to prevent short positions in client transactions that may affect the settlement cycle.
- Process and monitor internal and external share transfers, ensuring correct instructions are received and processed.
- Ensure accurate details are captured on paper-based listed and unlisted securities receipts and recorded in relevant systems.
- Process reversals of settled trades (misdeals) post-settlement cycle.
- Perform daily checks on ERD reports for accuracy and sign-off.
- Reconcile differences between the JSE BDA and Momentum Securities' custodian.
- Prepare and submit the monthly CSDP balancing report to the JSE.
- Ensure securities are in the correct location.
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