Trade Operations Processing Specialist-1

1 week ago

Johannesburg, South Africa FirstRand Full time

Job Description

To perform the operational tasks related to processing of trade transactions ensuring accuracy in the processing and in adherence to the required performance standards, risk, processes and compliance adherence, International Chamber of Commerce (ICC) ruling, and acknowledging the fit for processing, processing steps to create greater efficiencies (about all Trade Products).
- Perform compliance and exchange control checks including correct BOP reporting codes, adhering to compliance procedures, rules, laws, and regulations, as well as screening processes.
- Negotiate pricing and wording / requirements, for preparation; liaise with client, relationship teams, Team Leads and Legal if necessary.
- Ensure communication to banks and clients are checked against instructions.
- Capture instructions on the relevant system, complete the workflow requirements, and compliance screening and diarise and capture/update notes throughout the process.
- Ensure that all feedback or events is accurately recorded and monitored on source systems.
- Ensure applicable escalations are done to applicable stakeholders.
- Identify potential risk areas for the bank and clients.
- Approach Credit for client’s limit approval.
- Vet claim / payment / refund against issued applicable transactions and assess for compliance.
- Determine if it is foreign or local claim / payment / refund, and if foreign, ensure Exchange Control rulings are applied.
- Identify possible discrepancies on claim / payment / refund and validate against transaction terms.
- Advise clients/bank regarding any discrepancies where applicable; refer to Credit, Legal and Relationship Manager / Coverage and Risk and Compliance if necessary.
- Diarise on relevant system and monitor response from stakeholders.
- Manage system dashboard.
- Confirm whether cash cover is affected by the claim / payment / refund (Partial claim).
- Update notes and hand over the claim / payment / refund/ financial postings and to finalise on system.
- Monitor client’s portfolio trends, provide leads to the Service team, and identify cross-selling opportunities.
- Process outsourced work, assist with workability of transactions and communication accordingly.
- Provide solutions to clients aligned to their needs and specific requirements.
- Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes.
- Contribute to teamwork and inclusivity by working together to achieve team goals.
- Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed timeframes and according to quality standards.
- Take ownership of personal career development, leveraging formal and informal opportunities.
- System testing to be conducted to ensure efficiencies and streamlined processing (New and amended processes and systems).

Qualifications and Experience:

- Experience: 4 to 5 years Trade Experience
- Qualifications: CDCS or CSDG Certification or relevant qualification

Post

RMB

LI-MM15

Job Details

Application Closing Date

21/05/24

  • IB Operations

    2 weeks ago

    Johannesburg, South Africa UBS Full time

    IB Operations - Trade & Processing Specialist Join to apply for the IB Operations - Trade & Processing Specialist role at UBS Overview Job Reference # BR Job Type: Full Time Your role Are you a dynamic team player with a passion for financial markets? Do you thrive in a multi-product environment with an analytical and risk-aware mindset? Are you eager to...

  • IB Operations

    3 weeks ago

    Johannesburg, South Africa Ubs Full time

    Are you a dynamic team player with a passion for financial markets? Do you thrive in a multi-product environment with an analytical and risk-aware mindset? Are you eager to expand your expertise beyond cash equities into derivatives, structured products, and financing solutions? We are seeking a proactive and meticulous candidate to join our South Africa...

  • Trading and Execution Operations Specialist

    2 weeks ago

    Johannesburg, South Africa RMB - Rand Merchant Bank Full time

    Trading and Execution Operations Specialist Join RMB - Rand Merchant Bank as a Trading and Execution Operations Specialist. Your responsibilities will include supporting various Global Markets businesses with trade confirmations, settlements, reconciliations, scrip lending and reporting on all Equity Derivative products, ensuring strict adherence to Key Risk...

  • Trade & Processing Specialist

    3 days ago

    Johannesburg, South Africa UBS Full time

    South Africa - Operations - Investment Bank **Job Reference #** - 311788BR **City** - Johannesburg **Job Type** - Full Time **Your role** - Are you a team player? Do you like to work in a multi-product environment? Do you always look to improve processes and challenge the status quo? We’re looking for an Operations and Trade Support person to: -...

  • Trading And Execution Operations Specialist

    7 days ago

    Johannesburg, South Africa Firstrand Namibia Limited Full time

    Trading and Execution Operations Specialist Location: JohannesburgEmployment type: Full timePosted todayEnd date: 21 November 2021 Dear Future Trading and Execution Operations Specialist, RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. United by our proud heritage and...

  • Trading And Execution Operations Specialist

    7 days ago

    Johannesburg, South Africa Rmb - Rand Merchant Bank Full time

    Trading and Execution Operations Specialist Join RMB - Rand Merchant Bank as a Trading and Execution Operations Specialist. Key Responsibilities Support trade confirmations, settlements, reconciliations, scrip lending and reporting across the Equity Derivative spectrum. Maintain meticulous attention to detail across the post-trade value chain. Track and meet...

  • Ib Operations

    1 week ago

    Johannesburg, South Africa UBS Full time

    South Africa - Operations - Investment Bank **Job Reference #** - 328270BR **City** - Johannesburg **Job Type** - Full Time **Your role** - Are you a dynamic team player with a passion for financial markets? Do you thrive in a multi-product environment with an analytical and risk-aware mindset? Are you eager to expand your expertise beyond cash equities...

  • Trading and Execution Operations Specialist

    3 weeks ago

    Johannesburg, South Africa Rmbwestport Full time

    Trading and Execution Operations Specialist page is loaded## Trading and Execution Operations Specialistlocations: Johannesburgtime type: Full timeposted on: Posted Todaytime left to apply: End Date: November 21, 2025 (7 days left to apply)job requisition id: R43003# **Job Description**Dear Future Trading and Execution Operations Specialist RMB is a place...

  • Trading And Execution Operations Specialist

    7 days ago

    Johannesburg, South Africa Rmbwestport Full time

    Trading and Execution Operations Specialist locations : Johannesburg time type : Full time posted on : Posted Today time left to apply : End Date : November 21, (7 days left to apply) job requisition id : R Job Description Dear Future Trading and Execution Operations Specialist RMB is a place where exceptional people create their own opportunities by...

  • Trade Execution Operations Specialist-1

    7 days ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing,...