Team Lead, Feature Settlements

Standard Bank Group; Johannesburg; On-site; ZAR 1,200,000 - 1,600,000; Full time

Job summary

Standard Bank Group in Johannesburg seeks an experienced settlements leader to plan, coordinate and supervise a team responsible for timely day-to-day structured settlements for Global Markets Trading Desk. The role requires deep knowledge of African market settlement environments, CSD interactions, and cross-border settlement processes.

Ideal candidates bring 5–7 years in settlements or payments, strong risk controls, and demonstrated leadership to coach a high-volume team under deadlines in a

Qualifications

• 5-7 years of practical experience in payments, settlements, or financial markets operations.
• Extensive knowledge of African market settlement environments, including CSD and custodian interactions, cross-border settlements.
• Experience across the trade lifecycle, including coupon settlements and risk control activities.
• Proven leadership to coach and develop a settlements team under high-volume, time-sensitive conditions.
• Strong controls mindset to improve settlement efficiency and resilience.

Responsibilities

• Plan, coordinate, monitor and supervise a settlements team to deliver timely settlements.
• Ensure settlements comply with market rules, directives, policies and deadlines.
• Manage cross-border settlement processes, including Euroclear flows and settlement instruction lifecycles.
• Identify and address operational risks and drive continuous improvement.
• Lead and develop team, allocate work and ensure high-quality service delivery.

Skills

Leadership

Education

Diploma in Banking

Diploma in Finance and Accounting

Tools

Settlement Systems

Job 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.

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.

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 a sound 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.

Behavioural Competencies

• Checking Things
• Developing Expertise
• Embracing Change
• Following Procedures
• Interacting with People
• Inviting Feedback
• Managing Tasks
• Meeting Timescales
• Producing Output
• Pursuing Goals
• Taking Action
• Team Working

Technical Competencies

• Continuous Improvement
• Deal or Trade Life Cycles
• Exception Handling
• Manual Deal or Trade Processing
• Query Resolution
• Settlement Process
• Settlement Systems