Markets Commodities Operations Manager - Johannesburg, South Africa - FirstRand

FirstRand

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

About us, purpose, experience and qualifications

about us:

purpose:

To provide strategic, technical and people leadership to the Operations team on the trade life cycle i.e. confirmations, settlements and reconciliations across the commodity related products. Key functions of this role are to provide high quality control and enablement to both internal and external stakeholders whilst minimizing operational risk and fostering teamwork.

experience and qualifications:

Relevant financial postgraduate degree
7+ years' experience in a Global markets environment
Commodities experience highly beneficial Competencies:
Conceptual / Big Picture Thinking
Drive for Results
Business Insight and Risk Awareness
Monitoring and Measuring
Project and Change Management
additional requirements:

responsibilities:

Initiate dialogue to build professional working relationships with all stakeholders, displaying excellent abilities to listen, advise, influence, negotiate and present at all levels
Lead and facilitate difficult conflict situations into consensual agreements
Integrate opinions and information provided by various sources to make strategic decisions
Adapt communication styles to meet the needs of different audiences
Continually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodies
Find opportunities to leverage relationships and promote knowledge sharing, ideas and insights
Lead and facilitate suitable solutions with stakeholders across jurisdictions. Transaction management
Operations
Facilitate successful trade life cycle (confirmation, settlement and reconciliation)
Monitor to ensure transactions are implemented to coincide with DCF's, mandates, legal agreements and other business requirements
Ensure transactions are implemented and managed in line with industry and internal business requirements
Ensure operations specialist understand the nature of the specific business and the factors involved in a specific transaction, e.g. price volatility, risks associated with products, legal and compliance risk, settlement, operational and credit risk
Resolve escalated issues as required Continual process improvements
Create and document process flows for new transactions
Identify, implement and monitor process efficiencies
Oversee the automation of management of deals on models & systems Participation in relevant forums and committees
Participate in the Market steering committee for any project implementations
Participate in operations management meetings to give input on structured products and advice on issues that arise within various operational areas
Analyze existing processes and identify gaps and opportunities for improvement to provide exceptional client service and mitigate operational risks appropriately (this includes ensuring appropriate controls are in place for manual processes)
Stay abreast of regulatory and industry changes and their impact on the business and ensure these are embedded in daily processes
Ensure all processes are documented and updated regularly
Ensure procedure manuals are in place and kept up to date
Ensure daily operational processes and procedures work correctly with continued improvement of processes and procedures
Automate manual processes and put systems in place for more efficiencies.
Escalate platform, processes and controls which are of concern from a risk perspective (operational, market and credit risk