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CEM Markets Middle Office Professional

Vacancy Details

Reference No.

PG-44213

Synopsis

Our client is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust the organisation with their business in more than 100 countries. Our client provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Description

  • The CEM professional will be responsible for the BAU operational processes for the money market and fixed income business
  • The role is suited to a motivated and innovative self-starter with the necessary skills and experience to drive change as well as to ensure an efficient and controlled operating model
  • This includes working within the operating model, technology requirements and business processes needed to facilitate the business whilst maintaining a robust control environment
  • Trade facilitation and trade management
  • Verification of the daily funding requirement
  • Providing effective day to day support to the sales / trading desk on trade bookings; position management and risk reporting
  • Ensuring a well-controlled and efficient operating model that includes the performance of all relevant control reconciliations including stock / cash positions and FOBO reconciliations
  • Ensure robust support across the transaction life cycle, identifying key areas of risk and ensuring that mitigating controls are effectively implemented and adhered to
  • Liaising with sales / traders; clients; custodian and internal colleagues and teams to ensure timely and accurate processing and settlement of all transactions
  • Appropriate escalation and reporting of any pertinent issues
  • Capturing of trades in the organisations’ corporate systems
  • Proactive problem identification and query resolution
  • Identify and execute process improvements and provide SME support on key process and technology initiatives
  • Ensure all trades are correctly captured in the risk systems at the end of the day
  • Monitoring and resolving all nostro outstandings
  • Resolution of all breaks and queries
  • Maintenance of static data
  • End of day processes
  • Ownership and resolution of all daily tasks as well as any extraordinary issues that arise
  • Project management – involvement with project work arising from new system implementations, new products and general improvement and development of processes
  • Meeting all MIS and reporting deadlines
  • Implementation of new processes and systems
  • Provide business support and effectively partner with other areas of the bank as necessary
  • Maintenance of standard operating procedures
  • Production and distribution of trade confirmations
  • Managing the expectations and requirements of key stakeholders
  • Own and drive to completion all relevant industry initiatives

Requirements

Qualifications and Experience

  • BCommerce / relevant financial qualification preferable
  • A good understanding of the South African Financial Markets products
  • 3+ years relevant market experience
  • Proficient Excel skills

Requirements and Skills

  • A thorough understanding of what constitutes a sound operations control environment
  • A thorough understanding of the trade lifecycle and market conventions for Fixed Income and Money Market products
  • A thorough understanding of local Bond settlement flow i.e. how trades are settled via Strate and the JSE
  • Understanding of international / cross - border Bond settlements via Euroclear would be advantageous
  • Strong analytical and numerical skills
  • Ability to develop and maintain sound working relationships at all levels, with both internal and external clients
  • Ability to prioritise and work well under pressure
  • Attention to detail and a high level of accuracy
  • Good communication skills - both written and verbal

 

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful

Position Type

Permanent

Work Level

Mid-Level

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Monthly

Package

Cost To Company

Affirmative Action

No

Geographic Location

Gauteng - JHB North