Clearing and Settlements Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

Isilumko Staffing (JHB) is seeking an experienced professional to fill the role of Clearing and Settlements Specialist. This is a 6-month contract opportunity.

Key qualifications and experience:

  • Diploma in Financial Markets or Bachelor's degree in Economics, Business Management, or Business Commerce
  • SAIFM certification
  • At least 3 years of experience in the derivatives sector or financial sector
  • Risk management experience
  • Clear credit, fraud, and criminal record
  • Excellent track record, with reference checks conducted upfront

Required skills:

  • Effective communication
  • Teamwork
  • Attention to detail
  • Data analysis
  • Data management
  • Business administration
  • Client-centric approach
  • Financial acumen
  • Stakeholder management

Key performance areas:

  • Reporting on exchange-traded derivative contracts
  • Clearing of equity derivatives, commodity derivatives, interest rate, and currency derivatives
  • Settlements - Cash
  • Trading instructions
  • Stakeholder engagement
  • Reconciliation of daily trade data
  • Onboarding clients
  • Identifying business deposits and allocating
  • JSE troubleshooting
  • Recording interest on margin
  • Preparing payments for commodity markets


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