Operations Specialist | Cape Town

Details of the offer

Our client is seeking an agile and driven individual to support the Head of Operations and Dealing desks.
The primary focus of this role is on local and international settlements, as well as private client administration and post-trade activities.
You will have the opportunity to cross-train and provide backup support to the trade support team when required. Key Responsibilities:Manage settlement obligations for equity, derivative, and bond trades in accordance with exchange rulesEnsure timely and accurate processing of journals, payments, receipts, and trade settlementsReconcile Net Settlements with bank statements and BDA systemsResolve trade-related queries from brokers, clients, and custodians, ensuring smooth client and counterparty relationsAssist the trade support team with post-trade settlements for international equitiesUpdate settlement metrics and ensure timely matching of trades between clients and counterpartiesHandle trading desk allocations and OMGEO uploadsCoordinate private client trading instructions and reportingCompile incident reports and conduct root cause analysis to prevent future issuesMonitor and ensure compliance with JSE rules and directives, including testing and participating in projectsAssist with month-end brokerage reports and support ad hoc tasks as neededQualifications and Experience:BCom, B.Compt, or equivalent essential3-5 years experience in financial services, particularly in investment, stockbroking, or financial markets operationsSolid understanding of financial instrumentsKnowledge and experience with both local and international settlementsProficiency in various IT systems, including advanced Excel, Accounting & Exchange Systems, Mecras, and BDAPreference for candidates who have completed, or are willing to complete, JSE and RPE exams, such as:Introduction to Financial Markets (RPE)Regulations and Ethics of the South African Financial Markets (RPE)Bond Settlement Officer Exams (JSE)Equities Settlement Officer Exams (JSE)Key Competencies:Self-starter with the ability to take ownership and solve problemsHighly organised and meticulous, with strong attention to detail under pressureFlexible and adaptable to changing business needsStrong team player, able to work independently when neededGrowth mindset and willingness to work extended hours when requiredRegistered Persons or Financial Market qualifications (or willingness to obtain them)This role offers an exciting opportunity to grow in a fast-paced and dynamic environment, contributing to both local and international trading operations.


Nominal Salary: To be agreed

Job Function:

Requirements

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