Position Purpose: The Senior Administrator - Trade Support primary responsibility involves the accurate, timely and correct confirmation of all local and international trades to counterparty allegements and the instruction of settlement to the relevant custodians.
A relevant tertiary qualification and a minimum of 5 years applicable experience.
Knowledge of most major custodial systems as well as OMGEO is a distinct advantage.
Sound understanding and experience of international trade settlements.
Experience in using Decalog and trade matching applications are an advantage.
A good understanding of MS office & IT packages (particularly Excel).
Knowledge of international securities markets is an advantage.
Duties and responsibilities:
Accountability for the matching and settlement of transactions executed in all South African and Non-South African Markets
Liaising with clients and third parties to resolve unmatched trades: Ensuring that all settlement instructions reach the custodian timeously and that all trades are committed for settlement within the required market timelines
Accountability for investigation and resolution of unmatched transactions or failed trades
Ensuring that all queries raised by internal and external clients are resolved within required timelines and to the required standard
The reporting of unmatched trades to clients within required timelines and driving resolution thereof
Maintain professional relationships with all third parties including custodians, brokers, and vendors
Identify, investigate, design and implementation of process developments
Risk management including design and implementation of controls
Providing support to across Middle Office teams and other users in the organization
Responsible for managing the implementation of any testing
Ensure all team business process documents are up to date
Point of Contact for projects, as is applicable
Assist in logging IRs on Salesforce
Provide assistance in the monthly management KPI deliveries
Provide support to the Team Leader/Manager
Supervise and train junior team administrators.
Skills and Competencies:
A high attention to detail and structured approach to work.
Above average communication skills (written & verbal).
Confident & enthusiastic, and a quick learner.
A track record of successfully working within a team.