About the position
Main purpose of the job
- Perform various interest rate product payments for the various Global market Trading
desks in terms of processing, coordinating and organising settlements.
- Ensure that settlements in respect of Interest Rate Derivatives, Foreign Exchange
Derivatives and Bonds are processed timeously and accurately.
- Monitor and confirm settlements with the various counterparties (internal and external)
- Settle all Bond ZAR payments through Investor Services
- Ensure all bond ZAR/Africa and European entries are processed
- Ensure that all Bond Exchange paid timeously and investigated.
- Review/analyse the Bond Error report daily.
- Ensure that Standard settlements instructions are kept current and up to date.
- To provide excellent customer service to all internal and external clients.
- To update procedure manuals and controls regularly.
- Stand in for staff as required
- Assist Management as and when required on ad-hoc basis
Key responsibilities
1. Ensure that all Settlements are processed timeously and accurately in respect of Interest
Rate Derivatives and bonds.
2. Liaise with counterparties iro Settlements (internal and external).
3. Analyse all current processes and strive for continuous improvement. Ensure that
processes are kept current and up to date.
4. Identifying risks and ensuring that there are adequate controls in place to minimise risks.
Key performance measures
Interpersonal/Customer Relations
Provide all internal and external clients with a high standard of excellent service
Ensure that the error rate is kept to a minimum
Provide support to team members and assist with cross training of functions.
Maintain Standard Settlement Instructions (SSIs)
Ensure that SSIs for all products updated and maintained
Cost Control
Control all costs in Department iro telephone accounts, stationery costs, overtime, taxi’s
etcetera.
Operational Risk and Efficiency
Main purpose of the job
- Perform various interest rate product payments for the various Global market Trading
desks in terms of processing, coordinating and organising settlements.
- Ensure that settlements in respect of Interest Rate Derivatives, Foreign Exchange
Derivatives and Bonds are processed timeously and accurately.
- Monitor and confirm settlements with the various counterparties (internal and external)
- Settle all Bond ZAR payments through Investor Services
- Ensure all bond ZAR/Africa and European entries are processed
- Ensure that all Bond Exchange paid timeously and investigated.
- Review/analyse the Bond Error report daily.
- Ensure that Standard settlements instructions are kept current and up to date.
- To provide excellent customer service to all internal and external clients.
- To update procedure manuals and controls regularly.
- Stand in for staff as required
- Assist Management as and when required on ad-hoc basis
Key responsibilities
1. Ensure that all Settlements are processed timeously and accurately in respect of Interest
Rate Derivatives and bonds.
2. Liaise with counterparties iro Settlements (internal and external).
3. Analyse all current processes and strive for continuous improvement. Ensure that
processes are kept current and up to date.
4. Identifying risks and ensuring that there are adequate controls in place to minimise risks.
Key performance measures
Interpersonal/Customer Relations
Provide all internal and external clients with a high standard of excellent service
Ensure that the error rate is kept to a minimum
Provide support to team members and assist with cross training of functions.
Maintain Standard Settlement Instructions (SSIs)
Ensure that SSIs for all products updated and maintained
Cost Control
Control all costs in Department iro telephone accounts, stationery costs, overtime, taxi’s
etcetera.
Operational Risk and Efficiency
Desired Skills:
- SARB
- JSE
- Traders
