Team Lead, Feature Settlements

Standard Bank of South Africa Limited; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Standard Bank of South Africa Limited in Johannesburg is seeking a seasoned settlements leader to plan, coordinate, monitor and supervise a team delivering day-to-day structured settlements to the Global Markets Trading Desk.

The role focuses on achieving targets within market rules and deadlines, with extensive exposure to African markets and cross-border processes, including Euroclear flows and Strate/JSE frameworks.

Qualifications

• Practical experience in payments, settlements, or financial markets operations.
• Exposure to bond settlements and related processes.
• Extensive knowledge of African market settlement environments, CSDs and custodian interactions.
• Exposure to European markets and international settlement processes, Euroclear flows and lifecycle management.
• Strong understanding of JSE and Strate rules, regulations, and trade lifecycle.

Responsibilities

• Plan, coordinate, monitor and supervise a settlements team to deliver timely and accurate day-to-day settlements within specified timeframes.
• Ensure settlements comply with market rules, directives, policies and deadlines, and achieve defined targets and quality standards.

Education

Diploma in Banking

Diploma in Finance and Accounting

Job description

Business Segment: Corporate & Investment Banking

Company: Standard Bank of South Africa

Location: ZA, GP, Johannesburg, 5 Simmonds Street

Plan, coordinate, monitor and supervise a team to deliver timely and accurate day-to-day structured settlements within specified timeframes to Global Markets Trading Desk, and achieve defined targets and quality standards in line with market rules, directives, policies and deadlines.

Qualifications

• Type of Qualification: Diploma. Field of Study: Banking


• Type of Qualification: Diploma. Field of Study: Finance and Accounting


• Experience Required


• Settlements


• Operations


• 5-7 years


• Practical experience in payments, settlements, or financial markets operations, supported by strong and demonstrable exposure to bond settlements.


• 5-7 years


• Extensive knowledge of African market settlement environments, including local market conventions, Central Securities Depository (CSD) and custodian interactions, market cut-off times, regulatory requirements, and cross-border settlement dependencies. Exposure to European markets and international settlement processes is also essential, particularly Euroclear settlement flows, settlement instruction lifecycle management, settlement discipline, securities and cash movements, and the management of market, counterparty, and operational exceptions across multiple time zones.


• 5-7 years


• Demonstrate a strong understanding of financial markets products, as well as JSE and Strate rules, regulations, and directives. Experience across the trade lifecycle is required, including coupon settlements, coupon claims processing, trade lifecycle management, exception management, reconciliations, and daily risk control activities.


• 5-7 years


• Proven leadership capability is essential, including the ability to lead, coach, and develop a settlements team; allocate work effectively; manage delivery under pressure; drive accountability; and support sound decision-making in a high-volume, time-sensitive environment.


• 5-7 years


• Possess asound controls and risk mindset, with the ability to identify operational risks and control gaps, strengthen key controls, conduct process reviews, challenge inefficient ways of working, and drive continuous improvement initiatives. A key focus of the role will be enhancing settlement efficiency, reducing operational breaks, improving service delivery, and strengthening overall operational resilience.