Settlement Officer

Job Description

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.

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