SUMMARY:
Established fund services team seeks a Settlement Officer to join them.
POSITION INFO:
Established fund services team seeks a Settlement Officer to join them. This is a strong and stable team, looking for suitable candidates with no less than 2 years' experience in a similar role within fund services, wealth or similar with experience with international markets, and specifically equities, FX and collective investment schemes.
Responsibilities:
- Capturing / processing, matching and settlement of trades to the accounting system
- Ensure trades are matched between client notification and counterparty confirmation
- Ensure reconciliation of the managers notification and counterparty confirmation
- Sending settlement instructions to custodian for all trades
- Managing status of trades and requirements
- Maintaining broker settlement details, contact details and brokerage rates
- Monitoring of front office trades to ensure STP settlement into the accounting platform
- Compiling of incident reports and assist in implementing and maintaining process controls
- Resolving trade queries
Requirements:
- Minimum of a completed tertiary qualification either Commerce / Investments / Economics or similar
- Minimum of 2-3 years' experience in a Settlements role in Fund Services / Investment / Wealth Management environment
- Solid understanding of the financial markets and instruments essential
- Knowledge and experience on both local and international markets
Please note that if you have not heard from us within 2 weeks of your application, please consider it as unsuccessful for this particular role. Please do though continue to follow us online and apply for suitable opportunities.
