Settlement Officer (South Africa)

Mamoru; City of Johannesburg Metropolitan Municipality; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading digital financial services group in Johannesburg seeks a professional to manage the bond settlement process, requiring over 3 years of experience in financial product settlements and expertise in Euroclear/Clearstream operations. Candidates must be highly self-motivated, detail-oriented, and capable of handling night shifts. This role involves risk management and collaboration with various teams for effective deal execution.

Qualifications

• At least 3 years of experience in bonds/security/future settlement.
• Excellent knowledge in the operation of Euroclear/Clearstream.
• Able to identify risks in operations and escalate to management.

Responsibilities

• Handle bond settlement process in Euroclear and Clearstream.
• Liaise with brokers/counterparties and custodians to resolve settlement matters.
• Support operation risk identification, trade confirmation and settlement.

Skills

Attention to details

Communication skills

Critical thinking

Problem solving

Education

Degree in any discipline

Tools

Excel

Programming skills

Job description

Mamoru is a leading global digital asset financial services group. Our mission is to provide all-rounded solutions that enable seamless global access to Digital assets and smart asset management products, supported by state-of-the-art technology and worldwide coverage. With $100M+ assets under management and 18+ global offices, Mamoru delivers around-the-clock services to a diverse and growing client base.

Responsibilities

• Handle bond settlement process in Euroclear and Clearstream
• Liaise with brokers/counterparties and custodians to resolve settlement matters
• Support bookkeeping procedure and draft daily internal reports for bond trading
• Support operation risk identification, trade confirmation and settlement
• Primary contact for Middle/ Front office team, assist with any question related to deal execution, confirmation and settlement
• Review daily process, identify control gaps & issues, and implement procedures and solutions to mitigate risk
• Implement system modification and enhancement tasks to meet business needs and UAT testing
• Perform ad hoc assignments/duties as assigned

Qualifications

• A holder of Degree in any disciplines
• At least 3 years of experience in bonds/security/future settlement
• Excellent knowledge in the operation of Euroclear/Clearstream
• Experience with HKEX/SGX is a plus
• Highly self-motivated with good attention to details; Knowledge of excel and some programming skills are preferred
• Good communication skills and capable of handling the night shift working hours
• In-depth knowledge of financial products settlement life cycle and the trading markets.
• Able to identify risks in operations and escalate to management
• Able to provide recommendations to management to streamline processing or minimize operation risks
• Good critical thinking and problem solving
• Good command of written and spoken English