Settlement & Confirmation Specialist

**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 amendments; market valuations; profiles and portfolios in order to achieve Nedbanks strategic objectives.Settlement: To minimise losses and reduce overall cost of operations in order by ensuring all trades are confirmed and settled according to timelines in order to achieve Nedbanks strategic objectives.**Responsibilities**:

- Control daily rate resets, trade amendments, user access, portfolio creation, market to market valuations by confirming Reuters feed into trading systems.
- Contribute to system projects by running test cases and confirming systems validity.
- Provide advice on system products by solving queries timeously.
- Ensure trades are settled by making sure there is sufficient script to settle the trades.
- Minimise losses and reduce overall cost to business by ensuring all trades are confirmed and settled asper agreed timelines.
- Deal with queries by liaising with stakeholders and internal clients to avoid failed trades and penalties(reputational risk).
- Manage internal and external client satisfaction by building and maintaining relationships, understanding client needs and delivering services to meet client requirements.
- Collaborate with internal and external stakeholders by building and maintaining relationships and giving and receiving feedback.
- Monitor own performance by tracking against performance goals and taking corrective actions.
- Manage staff and resource plans by ensuring accountability in task and/or project allocation.
- Manage operating risks at targeted levels by driving compliance to internal and external guidelines, policies, procedures, business rules, regulatory needs, defined parameters and compliance/governance requirements.
- Manage risk in business area by analysing and taking action regarding regulatory and audit reports.
- Resolve work obstacles by putting contingency plans in place and taking corrective action.
- Contribute to policy, procedures and standards development by making recommendations for improvement.
- Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
- Participate and support corporate responsibility initiatives for the achievement of business strategy(e.g.. Green Strategy).
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Essential Qualifications - NQF Level- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Bachelor of Commerce, and Honours Qualifications- Essential Certifications- ACI certification (ACI - Governing Body)
- Applicable market and regulatory qualifications (RPE, ACI, JSE Traders Exam, FAIS)
- JSE registered persons examinations
- JSE Exams
- Preferred Certifications- Bonds Settlement Officer
- Derivatives Compliance Officer
- Equity Settlement Officer
- Registered Persons Exam (RPE)
- Minimum Experience Level- 5 years experience in financial markets

**Technical / Professional Knowledge**
- Business writing
- Communication Strategies
- Data analysis
- Industry trends
- Principles of project management
- Relevant software and systems knowledge
- Research methodology
- Decision-making process
- Cluster Specific Operational Knowledge
- Asset Risk Management
- Behavioural Competencies- Coaching
- Communication
- Continuous Learning
- Decision Making
- Planning and Organizing
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_