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Settlement Specialist (Corp Banking) - Central Johannesburg

We are recruiting for a Settlement Specialist (Corp Banking) for a 6 month contract at a leading Bank in Johannesburg. Job purpose description The core purpose of the role is to provide end-to-end electronic and physical settlement services for various types of financial instruments, manage the associated risks of processing in a highly pressurized environment, control all aspects relating to operational regulatory requirements, and in the process ensure that agreed service levels are maintained for both domestic and international institutional clients. Duties Action, manage and control all aspects relating to Settlements in accordance with the Market rules and directives outlined in the South African Securities Market and clients’ Safe Custody and Service Level Agreements. Outputs and measures Ensure awareness of clients’ needs at all times and that these needs are always met as stipulated in the Safe Custody Agreements (SCA). Action all instructions relating to settlementsManage and control all risks within the settlements environmentAdherence to all regulatory requirementsTo obtain a full understanding of market rules and directives, hence ensuring procedures and cut off times are adhered to on the day to day processing of trades Output group Action and control all aspects relating to Strate and Johannesburg Stock Exchange. Ensure the adherence of all Strate Rules and DirectiveLiaise with internal Helpdesk to ensure the opening of corrective windowsEscalation of settlement delays when close to cut-off timesEscalation of any delay in Swift message flows between Standard Bank and Strate Ensure client communication is of a high standard, both verbally and in writing Follow-up and follow-through on all outstanding issues, Customer queries or Internal queries and ensure adequate written and verbal communication at all timesTransmit ideas, information and instructions to individuals and groups clearly and concisely, both verbally and in writing. Ensure the adherence to procedures at all times Perform daily checks on rejected messages, cancellation order queue, repair queue, reprocessed screen, settlement allegements screen, folder for unmatched trades, Ensure that relevant Message type 548 status intimation messages are generated to clients and broker and ensure immediate and appropriate action is taken to resolve.Ensure all reports from Helpdesk are actioned as per laid down procedures.Report all off market trades, within the market cut off time, as and when required.Perform regular follow ups on all exceptions to ensure that all trades are in a correct status https://protool.gumtree.co.za/external-link-browser.html?urlaHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS8yMTA4NTUyOTA5P3NvdXJjZT1ndW10cmVl&jid1318118&xid2108552909 Apply Now
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