Banking Operations Consultant - Central Johannesburg
"Receive and process EQD with manual intervention settlement instructions, monitor the settlement lifecycle, identify and escalate exceptions within specified deadlines" refers to a set of responsibilities related to Equity Derivative (EQD) settlement operations within the financial industry. Let's break down what this means: Receive and Process EQD with Manual Intervention Settlement Instructions: This involves receiving instructions related to Equity Derivative (EQD) trades or transactions. These instructions may require manual intervention, meaning they cannot be entirely automated, and human involvement is necessary to complete the settlement process. This could include tasks such as verifying trade details, confirming counterparties, and handling any unique or complex settlement instructions. Monitor the Settlement Lifecycle: Once the EQD settlement instructions are received and processed, it is essential to actively monitor the settlement lifecycle. This involves tracking the progress of the settlement process from initiation to completion, ensuring that all required actions are taken to fulfill the trade and related obligations. Identify and Escalate Exceptions: During the monitoring process, any discrepancies, issues, or problems that arise in the settlement process are considered exceptions. It is the responsibility of the settlement operations team to identify these exceptions and take appropriate actions to address them. These actions may include investigating the cause of the exception, liaising with relevant parties, and working to resolve the issue. If an exception cannot be resolved within the specified deadlines, it should be escalated to higher levels of management or relevant teams for further attention and resolution. Within Specified Deadlines: Meeting specified deadlines is crucial in the financial industry, as it ensures that trades are settled in a timely and efficient manner. Failing to meet deadlines can result in financial losses, regulatory compliance issues, and reputational damage. Therefore, the responsibility of identifying, addressing, and escalating exceptions within the specified time frames is vital to the smooth operation of EQD settlement activities. In summary, this description outlines the process of handling manual intervention settlement instructions for EQD transactions, actively monitoring the settlement process, and taking prompt action to address and resolve exceptions, all within the specified timeframes to ensure efficient and compliant settlement operations. https://protool.gumtree.co.za/external-link-browser.html?urlaHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS83ODIyMTY4Mz9zb3VyY2U9Z3VtdHJlZQ&jid1730956&xid78221683
Apply Now
Facebook
WhatsappRelated Jobs
Change Manager - Central Johannesburg
RecruitU
...
Software Technical Writer (JB4286) - Central Johannesburg
FreeRecruit
...
Area Manager - Central Johannesburg
FreeRecruit
...
Senior Project Manager IT/Business (JB4285) - Central Johannesburg
FreeRecruit
...
FOH Manager (JB4317) - Central Johannesburg
FreeRecruit
...