Administrator - Trade Operations

Apex Group

Cape Town, Western Cape
Permanent
Full-time

1 month ago

The Administrator (Trade Support) primary responsibility involves the accurate, timely and correct confirmation of all local and international trades to counterparty alignments and the instruction of settlement to the relevant custodians.Outline of main duties and responsibilitiesThe main responsibilities of the role will be:

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

Skills and experience requiredThe successful candidate will:

A relevant tertiary qualification and a minimum of 12-18 months applicable experience;
Knowledge of most major custodial systems
Sound understanding and experience of international trade settlements;
Experience in using Decalog and trade matching applications are an advantage;
A high attention to detail and structured approach to work;
A good understanding of MS office & IT packages (particularly Excel);
Knowledge of international securities markets is an advantage;
Above average communication skills (written & verbal);
Confident & enthusiastic, and a quick learner;
A track record of successfully working within a team;

Reporting structureThe Administrator (Trade Support) reports to the Team Leader â Administration (Trade Support)Remuneration levelRemuneration will be market related and commensurate with experience and seniority. In addition, the successful candidate will receive a competitive benefits package and be eligible to participate in the firm-wide discretionary bonus scheme.

Apex Group

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