Senior Dealing & Settlements Specialist

Apex Group Ltd; Cape Town; On-site; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Competitive remuneration

Training and development opportunities

Global exposure

Job summary

Apex Group Ltd in Cape Town is seeking a Senior Administrator for Dealing and Settlements to manage daily and monthly desk tasks. The role involves handling cash instructions, processing trades, and ensuring timely confirmations of transactions.

The candidate should have a tertiary qualification with 3+ years’ experience in dealing and settlements, strong knowledge of financial instruments, and a meticulous, calm approach under pressure.

Qualifications

• A tertiary qualification and minimum 3+ years applicable experience or 4 years operational experience.
• Excellent financial services process & product knowledge.
• Excellent knowledge of financial instruments.
• Experience on Dealing and Settlements activities is compulsory.
• Good understanding of cash and trade instruction cycles.
• Good knowledge of systems and controls.
• Good accounting and audit experience.
• Knowledge of risk management processes an advantage.
• Good communication, documentation and presentation skills.
• Be able to think outside the box and adapt to changing requirements.
• Be meticulous and have a high attention to detail.
• Be calm and stay focused in stressful/high pressured situations.

Responsibilities

• Perform the duties of the Dealing and Settlements function as outlined by operating processes around Fund of Fund Dealing and Settlements and off-market trade instructions.
• For cash instructions, prepare and ensure accurate and timely execution and authorization of cash related transactions for investor fund of fund subscriptions, payment of expenses, and third party cash transfers.
• For trading transactions, on receipt of appropriate instructions; prepare, capture and confirm trades and trade instructions.
• Ensuring accurate and timely execution and authorization of unit trust investments and redemptions through trading platforms and hedge fund of fund subscriptions and redemptions.
• Ensure appropriate follow up for confirmation of transaction.

Skills

Dealing & Settlements

Cash cycles

Financial instruments

Audit & controls

Attention to detail

Communication

Stress management

Education

Tertiary qualification

Finance/Accounting background

Tools

Trading platforms

Online banking platforms

Job description

Apex Group Ltd in Cape Town is seeking a Senior Administrator for Dealing and Settlements to manage daily and monthly desk tasks. The role involves handling cash instructions, processing trades, and ensuring timely confirmations of transactions.

The candidate should have a tertiary qualification with 3+ years’ experience in dealing and settlements, strong knowledge of financial instruments, and a meticulous, calm approach under pressure.