Associate Trade Settlement Officer

6 days ago

Pretoria, South Africa South African Reserve Bank Full time

-The main purpose of this position is to perform day-to-day operational duties in the trade settlement field within the Financial Markets Department (FMD) of the South African Reserve Bank (SARB). -Detailed Description Monitor trade flows from trade execution to settlement, while ensuring that all controls to mitigate any risks are followed. - Check and authorise all batches related to fixed income, futures, foreign exchange (FX) money market instruments and all other FX payments. - Ensure that all minimum balances are held in each nostro account by end of day. - Review and update all procedure manuals regularly. - Open accounts for new portfolios with custodians. - Participate in the transition of internal and external portfolios. - Purchase gold coins from the public. - Process claims related to late settlements. - Handle ad hoc internal and external client queries, including requests for balances and statements. - Maintain operational relationships with clients and counterparties. - Participate in ad hoc projects. Job Requirements Diploma in Finance or an equivalent qualification at NQF level 5. - the minimum of 2-5 years of job-related experience. Additional requirements include: - in-depth knowledge and understanding of domestic financial markets, instruments and stakeholders; - working knowledge and understanding of FX and domestic systems, for example Calypso, Flexcube, SWIFT and the National Payments system (SAMOS); - customer service orientation; - proficiency in Microsoft Office products; - the willingness to occasionally work overtime in the event of a settlement issue or query; and - the proven ability to multitask, deliver results, and respond quickly and effectively to requests. The following would be an added advantage: - excellent interpersonal skills; - excellent communication skills (verbal and written); and - a high degree of self-motivation. How To Apply All interested parties are invited to apply. - All the available vacancies will be visible. - Login: - Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or - Already registered on our Job Site? > Already registered? > Login here. - Select the ‘Date posted’ > ‘Last 3 weeks’ (in the drop-down menu). - Select the appropriate IRC number to view the full advertisement. The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience. Ms Sarah Molomo Senior Manager: Recruitment and Selection Human Resources Department Currency -ZAR -Amount of Travel -Work At Home

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