Job Ti tle: Operations Specialist
Location: Steenberg, Cape Town
Reporting Line: Head of Operations
Job Summary:
The Operations Specialist supports daily local and global settlements, private client administration, and post-trade activities, focusing on efficient transaction settlements while providing backup for the trade support team.
Key Responsibilities:
- Manage settlement obligations for Equity, Derivative, and Bond trades.
- Ensure timely implementation of procedures for transaction settlements.
- Resolve queries related to trades from brokers and custodians.
- Assist in monitoring daily post-trade settlements for international equity trades.
- Compile incident reports and analyze root causes of potential breaches.
- Coordinate private client trading instructions with the trading desk.
- Develop and document business processes and standard operating procedures.
Qualifications and Experience:
- 35 years experience in financial services with exposure to stockbroking or financial markets.
- Strong understanding of financial instruments and settlements.
- Proficiency in IT systems, including advanced Excel and exchange systems.
- Relevant qualifications such as BCom or B.Compt.
Key Competencies:
- Self-starter with strong problem-solving skills.
- Meticulous, organized, and detail-oriented.
- Flexible and adaptable to changing business needs.
- Strong growth mindset and willingness to work extra hours.
Why This Role?
This position offers an exciting opportunity to join a leading stockbroking team, providing exposure and challenges in Settlements and Operations Management.
