Money Market Securities Officer

SUMMARY:
One of our clients in the Financial services sector is looking for a Money Market Securities Officer to provide support to Front Office and ensure timely and accurate matching, confirmation and settlement of Money Market Instruments and Bonds with STRATE, SARB, NUTRON and other Banks.

POSITION INFO:

This person will ensure that all transactions and trades reporting are processed, confirmed and settled on a timely and accurate basis with the entire Market, with department controls being carried out in accordance with current procedures and timelines including four eye principles for the entire ZAR Department and ensure that all our queues are cleared daily.

• Investigate all exceptions on failing/failed trades, why they are failing and do impact analysis if is there a need to extend the window or it can be settled the following day.
• Raise Operational incidents within 24 hours, ensuring that all potential losses and fines are reported to Risk and the Head of Department as soon as they are identified and Raise Jira for all system challenging issues.

• Ensure that Prime Rates are adjusted accordingly when there is a change in rates, send out communication to STRATE/ IT department to ensure that all the rates are updated accordingly for all our clients after the MPC (Monetary Policy Committee) has changed the rates.
• Complete the required Compliance training.

Qualifications:

Bachelor’s degree a must

Relevant undergraduate degree in:

• Banking Operations knowledge \Bond Knowledge\ Money Market Knowledge.
• Strate Exams/ Registered Persons Examinations

Experience; 3 -5 Years

• Business knowledge and understanding of Treasury Operations.
• Clear knowledge of Business processes, Money Market Products and Money Market Systems.

NB: Applicants without the above experience will not be considered.

NB! This job is now closed. You can apply for other jobs by uploading your CV.