Job Description

Job Summary Receive and process EQD with manual intervention settlement instructions, monitor the settlement lifecycle, identify and escalate exceptions within specified deadlines. License to Operate: Pre-Failed Trade Resolution - Identify and raise potential issues internally that could result in a failed trade. Activity Completion Attestation - Complete the check-sheet (Control First) at the end of day to confirm that all assigned tasks are completed according to guidelines and deadlines. Administration - Check external source of data to validate/match information, escalate unresolved items and consolidate and prepare documentation for validation and approval to facilitate the billing of claims, fees or penalties. Stakeholder Engagement - Establish internal stakeholder relationships within Settlements to ensure the efficient and effective resolution of simple queries and exceptions for structured products. Confirm Validate Transactions - Identify discrepancies with information captured by counterparties (internal and external) and manage basic queries for vanilla automated settlements by referring to the relevant stakeholders and requesting amendments to verify the accuracy of the settlement. Monitor Track Trade Settlement Status - Monitor and track queues / systems for vanilla / vanilla with manual intervention products (single product) to identify failed / unmatched settlements. Generate reports and instructions from the system to manage and mitigate settlement risk. Escalations / Exceptions Handling - conduct basic investigations, timeously flag and resolve EQD with manual intervention exceptions with the support of internal stakeholders (e.g. Traders and Trade Support) and/or speedily escalate to maximize the number of trades settled within specified deadlines to ensure risk to Wholesale Bank is minimized and client experience is optimized. Risk, Regulatory, Prudential Compliance: Regulatory, Risk Governance - Attend the required training and adhere to relevant controls, policies, processes, procedures and instructions and identify and report incidents to limit and mitigate risk and fulfil regulatory / legislative requirements. Reporting Management Information - Contribute to the operational risk report and other management information by logging information (eg key risk indicator capture) to facilitate accurate management information and reporting. Qualification: Matric Type of Qualification: Finance and Accounting DiplomaTalentCruRecruiter

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