Settlement Officer (Prescient Fund Services)

DUTIES & RESPONSIBILITIES

• You will ensure all capturing / processing, matching and settlement of all trades to the accounting system timeously which include Equities, Fixed Income, Derivatives, Unit Trusts / CIS investments, Call Transfers, SWAPs, FX deals etc.
• Preparing manual instructions for any unlisted trade settlements where necessary: Physical MM, Private Placements, Off Market trades, Offshore investments, Fund of Fund investments, validate account details on Swap agreements, etc.
• Ensure trades are matched between client notification and counterparty confirmation:
  • You will ensure broker / counterparty account and trade details reconcile with our records.
  • You will ensure that the managers notification reconciles with the counterparty confirmation.
• Sending settlement instructions to custodian for all trades timeously via SWIFT as necessary only once deals have been matched to the counterparty confirmations.
• Maintaining broker settlement details, contact details and brokerage rates.
• Compiling of incident reports.
• Resolving external and internal queries relating to all trades from brokers, clients and custodians.
  • You will need to build and maintain healthy client and counterparty relationships to ensure resolution of settlement issues identified.
• You will need to build and maintain healthy client and counterparty relationships to ensure resolution of settlement issues identified.
• Ensure appropriate controls are in place to mitigate risk.
• Supporting the management and co-ordination of team deliverables relating to projects and new client take-on’s.

REQUIRED QUALIFICATIONS

Relevant tertiary financial qaulification(s), Commerce, Investments, Economics required