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  • Operations Specialist - Cape Town - The Recruitment Council

    The Recruitment Council
    The Recruitment Council Cape Town

    6 days ago

    the recruitment council background
    Description

    Job Title: Operations Specialist

    Location: Steenberg, Cape Town
    Reporting Line: Head of Operations

    Job Summary:

    The Operations Specialist plays a pivotal role in supporting daily local and global settlements, private client administration, and post-trade activities. The primary focus is on ensuring efficient transaction settlements while providing backup for the trade support team.

    Key Responsibilities:

    • Manage settlement obligations for Equity, Derivative, and Bond trades.
    • Ensure timely implementation of procedures for transaction settlements.
    • Resolve queries related to trades from brokers and custodians.
    • Assist in monitoring daily post-trade settlements for international equity trades.
    • Compile incident reports and analyze root causes of potential breaches.
    • Coordinate private client trading instructions with the trading desk.
    • Develop and document business processes and standard operating procedures.

    Qualifications and Experience:

    • 35 years experience in financial services with exposure to stockbroking or financial markets.
    • Strong understanding of financial instruments and settlements.
    • Proficiency in IT systems, including advanced Excel and exchange systems.
    • Relevant qualifications such as BCom or B.Compt.

    Key Competencies:

    • Self-starter with strong problem-solving skills.
    • Meticulous, organized, and detail-oriented.
    • Flexible and adaptable to changing business needs.
    • Strong growth mindset and willingness to work extra hours.

    Why This Role?

    This position offers an exciting opportunity to join a leading stockbroking team, providing exposure and challenges in Settlements and Operations Management.


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