Officer, Settlements, Structured
- Full-time
- Business Segment: Corporate & Investment Banking
Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
As a Settlements Officer you will be responsible for the timely and accurate processing of settlements for trades executed by the Structured Solutions Desk. This includes managing and monitoring the entire trade settlement lifecycle, ensuring all transactions settle within the specified deadlines, and ensuring that all controls, market regulations and processes are adhered to.
Qualifications
Type of Qualification: Diploma
Field of Study: Banking
Type of Qualification: Diploma
Field of Study: Finance and Accounting
Experience Required
Settlements: Investment Banking Operations
Years of Experience: 2-3 years
Practical, hands-on experience in general settlements is required, alongside intermediate knowledge of financial markets. Proficiency in JSE and Strate rules, regulations, and directives is essential. Candidates should have experience within a stockbroker or banking environment, focusing on basic settlements and back-office operations. Knowledge of relevant settlement platforms, Microsoft packages and systems is advantageous.
Additional Information
Behavioural Competencies:
- Attention to Detail
- Developing Expertise
- Embracing Change
- Following Procedures
- Meeting Timescales
- Producing Output
Technical Competencies:
- Deal or Trade Life Cycles
- Exception Handling
- Product and Services Knowledge
- Query Resolution
- Settlement Process
- Settlement Systems