Stockbroking Financial Operations Administrator

Nedbank

Cape Town

Hybrid

ZAR 360,000 - 480,000

Full time

34 hours ago
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Job summary

Nedbank is seeking a Stockbroking Financial Operations Administrator in Cape Town to ensure accurate loading of stockbroking entries and timely processing of payments and reconciliations. You will balance entries to the general ledger and support service requests within strict SLA guidelines.

The role requires hands-on JSE Broker Deal Accounting experience, high accuracy, and strong attention to detail. A hybrid work setup and cross-functional collaboration are essential to success.

Qualifications

  • JSE Broker Deal Accounting (BDA) experience is essential.
  • High level of accuracy and exceptional attention to detail.
  • Experience with stockbroking financial operations.
  • Ability to meet SLA and manage client accounts.

Responsibilities

  • Accurate loading and processing of stockbroking financial entries on client accounts.
  • Banking beneficiary and payment approvals within CMA.
  • Reporting on and reconciliation of financial entries against general ledger.
  • Attending to service requests and supporting audit requirements.
  • Managing central functional mailboxes and SLA compliance.
  • Supporting broader Financial Operations Stockbroking team as back-up.
  • Identify and correct discrepancies timeously.
  • Highlight risks by reporting exceptions.
  • Understand Nedbank vision and contribute to team goals.

Skills

Stockbroking operations
Attention to detail
Data analysis
Banking procedures
Governance, Risk and Controls
Communication
Building Customer Loyalty

Education

Advanced Diplomas/National 1st Degrees

Tools

Microsoft Excel
Microsoft PowerPoint

Job description

Title:Stockbroking Financial Operations Administrator

Business Unit - Nedbank Private and Wealth - Trading

Location - Nedbank Clocktower Campus, V&A Waterfront, Cape Town

Closing Date - 2 November 2026

Work Arrangement - Hybrid (3 days in office)

Preference will be given to Applicants from Underrepresented Groups

Please note: We reserve the right to close the advertisement before the stated closing date. Interested applicants are encouraged to apply as soon as possible

Job Family

Finance

Accounting

Manage Self: Professional

Your next Career move starts here!

Join Nedbank Private and Wealth - Trading as a Stockbroking Financial Operations Administrator and help keep payments, reconciliations and client accounts running smoothly.

Stockbroking experience is essential for this role, together with hands-on BDA experience, a high level of accuracy and exceptional attention to detail.

Job Purpose

To support the business by ensuring relevant stockbroking financial operational processes are administered timeously and accurately to meet business and other stakeholders’ requirements.

Job Responsibilities
  • Accurate loading and processing of various stockbroking financial entries on client accounts (e.g. journals, overrides, payment processing)
  • Common Monetary Area Bank beneficiary and payment approvals
  • Reporting on and reconciliation of various financial entries in relation to entries posted on stockbroking accounts, balancing back to general ledger accounts
  • Attending to Service Requests
  • Supporting Guarantee issue process
  • Supporting Share Margin Lending facility process
  • Management of central functional mailboxes
  • Supporting broader Financial Operations Stockbroking team as back-up to duties
  • Meet Service Level Agreements (SLA) by conducting activities within agreed timelines and parameters.
  • Assist with Stockbroking audit requirements (collating samples and tracking)
  • Collating historical documentation & document storage
  • Minimise financial and reputational risk by ensuring accuracy of processing activities.
Job Responsibilities Continue
  • Meet Nedbank internal and external client service standards by effectively communicating with stakeholders.
  • Understand and meet stakeholder needs by maintaining a relationship through regular interaction.
  • Minimise risk by checking and validating activities according to policies and procedures.
  • Ensure that relevant processes are administered by following procedures.
  • Ensure accuracy by identifying and recording / correcting discrepancies timeously.
  • Highlight risks by reporting exceptions timeously.
  • Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.
  • Ensure that own contribution and participation contributes to the achievement of team goals.
  • Create and manage own career through guidance and support of management, department and colleagues.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers. This includes the acknowledgement of Nedbank policies and completing required training as required.
  • Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.
People Specification

JSE Broker Deal Accounting (BDA) experience, a high level of accuracy and exceptional attention to detail are essential requirements for this role.

Essential Qualifications - NQF Level
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
Minimum Experience Level
  • 5 years in stockbroking financial operations
Technical / Professional Knowledge
  • Administrative procedures and systems
  • Banking procedures
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Business writing skills
  • Microsoft Excel
  • Microsoft Powerpoint
  • Building Customer Loyalty
  • Communication
  • Decision Making
  • Initiating Action
  • Managing Work
  • Quality Orientation

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Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).

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