Time left to apply: End Date: December 5, 2024 (5 days left to apply)Job requisition id: R25731Job DescriptionTo focus on the end-to-end settlement process to mitigate risk in terms of reporting to STRATE and to ensure that the process is enhanced for alignment to any legislative changes.Hello Future Settlements SpecialistWelcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people that make it happen.As part of our team in FNB Wealth and Investments, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now's the time to imagine your potential in a team where experts come together and ignite effective change.ResponsibilitiesManage own costs and expenses associated with the role to enhance cost-effectiveness.Identify and escalate potential risks which may lead to increased costs.Contribute to an effective client service delivery culture through adherence to approved organisational service delivery principles.Resolve customer dissatisfaction/complaints by taking ownership of the problem.Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SMEs, project managers, and senior staff members.Report on transactional activity progression within set guidelines to provide timely information for decision making in area of accountability.Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution.Ideal CandidatePlan and organise multiple work outputs by assigning priorities and continuously reviewing objectives and goals.Are responsible for end-to-end function of the settlement lifecycle.Ensure that there are no script imbalances.Identify training/development needs and proactively identify effective solutions to address own and employee development gaps.Ensure that all client and proprietary trades settle accurately and on time, complying with regulatory and industry standards.Handle settlement discrepancies and failures proactively to reduce financial and reputational risk.Support the team's ability to handle trade volume and transaction complexity, ensuring seamless workflow without delay or disruption.Access to OpportunitiesOpportunities to network and collaborate across FirstRand Group.A mentally stimulating working environment.Opportunities to innovate.QualificationsHave a Degree in Finance, Investments, or equivalent (would be an added advantage).Have a JSE Equity Settlement Officer Qualification (would be an advantage).Have 2-4 years of experience in a securities or financial services role, particularly within a settlements or back-office department.Have practical knowledge of the JSE trading and settlement process.Confirm and reconcile trades daily across different asset classes.Have experience in roles like trade support, financial control, or investment operations that involve managing securities trades.Liaise with internal teams and external counterparties to resolve discrepancies.Monitor regulatory compliance within trade settlements.Ensure all settlements are executed accurately and efficiently to prevent client impact.Apply now if you are interested in taking the next step. We look forward to engaging with you!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.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.05/12/24Introduce YourselfIntroduce 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 UsServing retail and commercial customers, FNB is so much more than a bank, offering life and short-term insurance, innovative savings and investment products, and a digital universe of solutions that help customers navigate challenges and opportunities of everyday life. It has a market-leading app and a globally recognised rewards system in eBucks. FNB has won multiple awards, including the Strongest Banking Brand in the World in the Brand Finance Banking 500 2023 report. FNB represents multiple opportunities for you to build an exciting and rewarding career, especially if you want to change people's lives in an authentic, profound, and sustainable way.
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