Settlement Specialist

1 week ago

Johannesburg, South Africa FirstRand Full time

Job Description

To focus on the end to end settlement process to mitigate risk in terms of reporting to STRATE and to ensure that the process is enhanced for alignment to any legislative changes.

Hello Future Settlements Specialist

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FNB Wealth and Investments, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

- Manage own costs and expenses associated with role to enhance cost effectiveness.
- Identify and escalate potential risks which may lead to increased costs
- Contribute to an effective client service delivery culture through adherence to approved organisational service delivery principles
- Resolve customer dissatisfaction/complaints by taking ownership of the problem
- Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members
- Report on transactional activity progression within set guidelines to provide timely information for decision making in area of accountability
- Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution
- Plan and organise multiple work outputs by assigning priorities and continuously reviewing objectives and goals
- Are responsible for end-to end function of the Settlement lifecycle
- Ensure that there are no script imbalances
- Identify training/development needs and pro-actively identify effective solutions to address own and employee development gaps
- Ensure that all client and proprietary trades settle accurately and on time, complying with regulatory and industry standards
- Handle settlement discrepancies and failures proactively to reduce financial and reputational risk.
- Support the team’s ability to handle trade volume and transaction complexity, ensuring seamless workflow without delay or disruption

You will have access to:

- Opportunities to network and collaborate across FirstRand Group
- A mentally stimulating working environment
- Opportunities to innovate

We can be a match if you:

- Have a Degree in Finance, Investments or equivalent (would be an added advantage)
- Have a JSE Equity Settlement Officer Qualification (would be an advantage)
- Have 2-4 years of experience in a securities or financial services role, particularly within a settlements or back-office department
- Have practical knowledge of the JSE trading and settlement process
- Confirm and reconcile trades daily across different asset classes
- Have experience in roles like trade support, financial control, or investment operations that involve managing securities trades
- Liaise with internal teams and external counterparties to resolve discrepancies
- Monitor regulatory compliance within trade settlements
- Ensure all settlements are executed accurately and efficiently to prevent client impact

POST

FNB

LI-TN2

Job Details

05/12/24

  • Custody Settlements Specialist

    4 days ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To perform the settlement function, obtain accurate transaction processing and resolve settlement issues - Increase operational efficiency and suggest solutions to enhance cost effectiveness and prevent wastage - Ensure the control of settlements by adhering to internal processes and procedures Ensure compliance to legislative and audit...

  • Settlement Specialist

    1 week ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: We offer clearing and settlement of offshore trades executed by our clients. This is achieved by using the services offered by our Global Custody Agent. **experience and qualifications**: - Minimum Education - Grade 12 - Preferred Education - Grade 12 - Minimum Experience -...

  • Settlement & Confirmation Specialist

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job title**: **Settlement & Confirmation Specialist** **(Bonds, Derivatives and Swaps IRS) - Job Family- Investment Banking - Career Stream- Commercial Support - Leadership Pipeline- Manage Self: Professional - FAIS Affected**Job Purpose** - Control: To assist the manager in ensuring product control by managing the validation and running of rates; trade...

  • Equity Derivatives Trade Execution

    4 weeks ago

    Johannesburg, South Africa Firstrand Namibia Limited Full time

    A leading financial services provider in Johannesburg is seeking a Trading and Execution Operations Specialist to support Global Markets. Key responsibilities include managing trade confirmations, settlements, and optimising operational processes. The ideal candidate should have 3–5 years of experience in Equity Derivatives and proficiency in Microsoft...

  • Confirmation and Settlement Specialist

    1 week ago

    Johannesburg, South Africa Nedbank Full time

    **Role Title** - Confirmation and Settlement Specialist (Money Market)- Job Family- Investment Banking - Career Stream- Commercial Support - Leadership Pipeline- Manage Self: Professional **Job Purpose** - To verify; authorize and release; prepare; capture; reconcile and confirm all inputs within service level obligations and in compliance with internal...

  • Custody Settlement Specialist

    4 days ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To support front office teams with confirmations, settlements and reconciliations across the various product sets. - Demonstrate cost consciousness and awareness of personal contribution to costs and productivity. - Identify and escalates potential risks that may lead to increased costs. - Prevent wastage and identify process improvements to...

  • Custody Settlement Specialist

    16 hours ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To support front office teams with confirmations, settlements and reconciliations across the various product sets. - Demonstrate cost consciousness and awareness of personal contribution to costs and productivity. - Identify and escalates potential risks that may lead to increased costs. - Prevent wastage and identify process improvements to...

  • Custody Settlement Specialist

    2 weeks ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - We offer clearing and settlement of offshore trades executed by our clients. This is achieved by using the services offered by our Global Custody Agent.**experience and qualifications**: - Matric - Computer literate - Banking - Systems: - Karabo - Vantage - Incentage -...

  • Treasury Liquidity

    3 weeks ago

    Johannesburg, South Africa Old Mutual Full time

    A prominent financial services provider in Johannesburg is seeking a Liquidity and Settlements Administrator to manage daily cash operations and ensure compliance with treasury policies. The ideal candidate will have over 5 years of experience in treasury payments and a degree in Banking Services. You will be responsible for daily cash management reporting...

  • Cash Settlement Officer

    4 days ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: - make a promise - be deeply invested - value our differences - build trust, not territory - have courage - always do the right thing **purpose**: - Effects the settlement of swift payments to and from other Banks, ensuring compliance with all policies and procedures.**experience and...