Settlement Operations Manager

2 days ago


Cape Town, Western Cape, South Africa The Recruitment Council Full time
About the Job:

We are seeking a skilled Settlement Operations Manager to join our team at The Recruitment Council. As a key member of our team, you will be responsible for ensuring seamless trade settlement processes.

Responsibilities:
  • Capture, process, and settle trades on the accounting system.
  • Prepare manual instructions for unlisted trade settlements.
  • Match trades between client notifications and counterparty confirmations.
  • Reconcile broker/counterparty accounts and maintain accurate records.
  • Report and match Demat Money Market trades within required timeframes.
  • Manage trade statuses and handle associated requirements.
  • Maintain accurate broker settlement and contact details.
  • Monitor front office trades to ensure seamless STP settlement.
  • Compile incident reports and improve process controls.
  • Address internal and external trade-related queries.
  • Build strong relationships with clients and counterparties.
  • Handle ad-hoc tasks and contribute to projects.
Qualifications:
  • 2-3+ years of experience in a Settlements role.
  • Comprehensive understanding of financial markets.
  • Experience with both local and international markets is advantageous.
  • Relevant tertiary qualification in Finance, Commerce, Investments, or Economics.

This role comes with an estimated annual salary of $65,000 - $85,000, based on experience and qualifications.



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