Financial Operations Specialist

1 week ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time
Key Responsibilities

As a Banking Operations Consultant, you will be responsible for receiving and processing Equity Derivative (EQD) trades with manual intervention settlement instructions. This involves verifying trade details, confirming counterparties, and handling unique or complex settlement instructions.

Settlement Lifecycle Monitoring

You will actively monitor the settlement lifecycle, tracking the progress of the settlement process from initiation to completion. This ensures that all required actions are taken to fulfill the trade and related obligations.

Exception Handling

During the monitoring process, you will identify and escalate exceptions, investigating the cause of the issue, liaising with relevant parties, and working to resolve the problem. If an exception cannot be resolved within specified deadlines, it will be escalated to higher levels of management or relevant teams for further attention and resolution.

Time-Sensitive Resolution

Meeting specified deadlines is crucial in the financial industry, as it ensures that trades are settled in a timely and efficient manner. Failing to meet deadlines can result in financial losses, regulatory compliance issues, and reputational damage. Therefore, prompt action is vital to the smooth operation of EQD settlement activities.

In summary, this role requires a detail-oriented individual with excellent communication skills to handle manual intervention settlement instructions, monitor the settlement process, and take prompt action to address and resolve exceptions within specified timeframes.



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