Type of Qualification: Degree
Field of Study: Not applicable

Experience Required

Settlements:

• Settling of trades -Equity, Bonds, Money Markets
• Instrument creations on new trades.
• Raising of new placements, rollovers and recalls on all maturities and settle once funds received.

Corporate Actions:

• Timeous provision of all announcements to customers
• Ensure effective diary system is kept of all maturities and interest payments due.
• Ensuring that all clients instructions submitted are checked, signatures verified and executed timeously.
• Sending out of MT564, MT566
• Providing Pre and Post reconciliation of CAs.
• Ensure all customers are paid same day as funds are received.
• Ensure coupon announcements are provided before pay date.
• Dividend announcements are provided within 24 hours of receipt.
• Provide market information to clients within 24 hours of becoming available.

Securities Maintenance:

• Reviewing receipt of securities (Certificates, Treasury Bill’s, Bonds, Equities and Money Markets)
• Opening of securities accounts for new customer
• Amendment and closure of securities accounts for existing customers.

Reconciliations:

• Daily cash and securities at both transactional and ISIN level

Billing:

• Daily uploading of SEC fees
• Uploading of LUSE fees after authorisation.
• Ensure that client invoices and client holdings are forwarded to clients monthly.
• Ensure that all revenue due to the department is accounted for and collected.

Compliance:

• Send daily return to SEC by 10hrs.
• Send CIS’s monthly return by the 10th of every month.
• Send quarterly reports and present such during Fund Manager, Custodian and Trustee meetings.
• To take note of compliance (per Securities Act, SEC guidelines, trust deed documents, safe custody agreements and SLA’s) and reporting any breaches timeously
• Ensure Exchange Control applications.
• Regulatory/statutory reporting
• Draw up and issue circulars on behalf of Operations.

Salesforce/Query / Information Management:

• Ensure that customer queries are attended to expeditiously and addressed promptly in Salesforce.
• Provide monthly Salesforce report as part for AR reporting.
• Ensure that ALL queries are recorded to iszambia
• Maintain an efficient filing system.
• Assist with provision of market updates as soon as possible via newsflashes.
• Prioritize and plan effectively, have sense of urgency in order to meet all deadlines.

Cash Management

• Review all instructions raised and obtain proper authorisation.

Risk Management:

• Identify areas of risk and ensure that proper controls are in place to eliminate/minimize risks and losses.
• Adhere to procedures. Identify and introduce new processes and suggest amendments where applicable.
• Adhere to market rules and directives and in the process eliminate possible penalties being levied against the bank.
• Ensure clients standing instructions are updated and shared with all the relevant stakeholders.

Personal Development:

• Initiate training and share knowledge/experiences.
• Be responsible for and initiate own development and career planning.
• Display teamwork, within department and the other support departments.

Key performance measures

Distribution of monthly invoices to all clients.

• Timeous collection of all fees due and dividend payments.
• Timeous submission of financial accounts and zero- error on all reconciliations.
• Efficient handling of all queries through iszambia and resolved on salesforce.
• Reduced incidents of fraud and payment of interest claims

Additional Information