Financial Operations Specialist

4 days ago


Cape Town, Western Cape, South Africa The Recruitment Council Full time

The Recruitment Council is seeking a highly skilled Financial Operations Specialist to support the Head of Operations and Dealing desks. The primary focus of this role is on local and international settlements, as well as private client administration and post-trade activities.

Key Responsibilities:
  • Manage settlement obligations for equity, derivative, and bond trades in accordance with exchange rules
  • Ensure timely and accurate processing of journals, payments, receipts, and trade settlements
  • Reconcile Net Settlements with bank statements and BDA systems
  • Resolve trade-related queries from brokers, clients, and custodians, ensuring smooth client and counterparty relations
  • Assist the trade support team with post-trade settlements for international equities
  • Update settlement metrics and ensure timely matching of trades between clients and counterparties
  • Handle trading desk allocations and OMGEO uploads
  • Coordinate private client trading instructions and reporting
  • Compile incident reports and conduct root cause analysis to prevent future issues
  • Monitor and ensure compliance with JSE rules and directives, including testing and participating in projects
  • Assist with month-end brokerage reports and support ad hoc tasks as needed


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