Dealer, Investments Operations

Standard Bank Group; Johannesburg; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading financial services group in Johannesburg seeks an experienced professional to provide high-level service in executing trades and managing investment operations. The ideal candidate will have 4-7 years of experience in asset management and a strong understanding of investment processes, along with a relevant degree. Responsibilities include performing reconciliations and assisting internal stakeholders.

Qualifications

• 4-7 years in Asset Management environment with exposure to various investment products.
• Intimate knowledge of investment operations with manual and automated processes.
• 2-5 years in a dealing environment with emphasis on various investment products.

Responsibilities

• Provide high-level service executing trades in local and offshore markets.
• Perform daily cash reconciliations and settlement of trades.
• Assist stakeholders with information on client portfolios.

Skills

Articulating Information

Developing Expertise

Team Working

Query Resolution

Education

First Degree/Diploma in Financial Markets

First Degree/Diploma in Investment Administration

Tools

Microsoft Office Suite

Job description

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To provide a high level of service from daily execution of, including providing prices/ quotes and executing of trades in local and offshore equities, fixed income, foreign exchange, certificate of deposits, fixed deposits and signing off on all unit trust dealing on behalf of the benefit of client base.

Responsible for performing daily cash reconciliations, settlement of daily dealing (equities, bonds, money market instruments, currency purchases and offshore trades). Process portfolio transfers internally and with the respective custodians. Thorough understanding of the different types of portfolio transfers and tax implications. Ensuring the accurate capturing of Book Costs VS CGT values. Responsible for processing offshore trade settlements and experienced in offshore financial markets.

Assisting various stakeholders within the business as well as auditors with information required on client portfolios and internal processes.

Ensure that we always treat customers fairly and deliver or respond on our service promise of “before the sun sets”. Provide a high level of service in the investment operations team.

To drive the culture of operational excellence whilst keeping our clients at the heart of all that we do. Be accountable for ensuring high quality, differentiating and efficient delivery on all responsibilities.

Qualifications

Type of Qualification: Tertiary qualification

Field of Study: Financial markets

Type of Qualification: First Degree/Diploma

Field of Study: Investment Administration

Experience Required

4-7 years Experience in an Asset Management environment. General investment experience with exposure to various investment products. An intimate knowledge and experience of investment operations with manual and automated processes. Requires full knowledge of business process across pricing methodology, dealing functions. 2- 5 years Experience in a dealing environment. General dealing experience with exposure to various investment products. An intimate knowledge and experience of dealing operations with manual and automated processes.

Additional Information

Behavioural Competencies:

• Articulating Information
• Developing Expertise
• Documenting Facts
• Examining Information
• Exploring Possibilities
• Following Procedures
• Interacting with People
• Interpreting Data
• Producing Output
• Providing Insights
• Team Working
• Upholding Standards
  
  

Technical Competencies:

• Business Administration skiils
• Query Resolution
• Microsoft office suite
• Industry knowledge
• Risk management