Custody Settlement Specialist Apply locations: Johannesburg Time type: Full time Posted on: Posted Yesterday Time left to apply: End Date: October 18, 2024 (5 days left to apply) Job requisition id: R8893 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 escalate potential risks that may lead to increased costs. Prevent wastage and identify process improvements to contain and reduce costs. Adhere to Organisational values and service standards and interact with and communicate with customers accordingly. Ensure first-time resolution of customer queries or complaints and take ownership of any requirements. Follow up on queries handed over to other parties or areas to ensure delivery on agreed timelines and Service Level Agreements. Meet set turnaround times while ensuring own availability, reliability and accuracy. Propose improvements on internal processes that impact service levels and customer satisfaction within area of accountability. Ensure own product knowledge and guidance provided is technically accurate and collects feedback to help improve customer service. Establish relationships with relevant individuals and departments to deliver on work expectations. Adhere to relevant service level agreements to build trust in the relationship. Execute own work in accordance with the organisational values and code of ethics. Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution. Identify and escalate risk as a normal part of work. Produce high quality work by adhering to predefined standards and procedures and in accordance with compliance and governance standards. Work with enhanced processes and procedures to maintain operational efficiencies. Deliver work in an accurate manner to ensure consistent results. Draw on knowledge and experience to identify and develop solutions that lead to improved service delivery and quality. Adhere to quality standards, turnaround times and Company policies and procedures. Complete relevant administration, reporting and updating of information accurately and on time. Provide timeous reports on operations, performance and audit findings. Report on transactional activity progression within set guidelines to provide timely information for decision making in area of accountability. Display attention to detail in checking instructions and ensuring trades are booked correctly on source systems. Monitor exceptions on confirmations that have been electronically generated. Ensure confirmation processing is within KRI deadlines. Monitor and follow-up outstanding confirmations in line with specific business requirements. Following stakeholder confirmation, perform settlements. Display accuracy and attention to detail in ensuring settlements are correctly processed in line with minimum standards. Monitor system alerts to confirm that settlements occurred successfully. 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. Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders requirements are delivered. Preserve relationships despite airing conflicting views and seek mutual gains when addressing conflicts. Anticipate consequences and adapt problem-solving based on continual feedback. Act speedily to resolve problems, queries and complaints. Adapt communication styles to meet the needs of different audiences. Analyse previous day's Exception Report and attend to any open items. Investigate and resolve open exception items and escalate to relevant stakeholder(s) for resolution. Understand process flows in order to identify which systems are causing mismatches. Liaise with clients, BT and/or Dealers to resolve discrepancies, bugs and general issues. Seek out regular performance feedback and put actions in place to improve and enhance performance. Identify activities to address own development gaps. Create own personal development plan and review plan with team leader or manager. Understand which competencies and skills are required to be mastered to ensure personal development and performance. Keep abreast of learning opportunities, changing products and trends. Contribute to teamwork and inclusivity by working together to achieve team goals. Value individual contributions and respect diversity in the team. Share information and knowledge that benefits the team. Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 18/10/24 All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. Introduce Yourself Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ. About Us A leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. RMB's talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big. If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.
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