Treasury Trader

Merand Recruitment; Stellenbosch; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading company in Stellenbosch seeks a Treasury Assistant to support the Treasury Manager in managing financial transactions and relationships with institutions. The role involves daily administration, reporting, and process automation using tools like Power Apps and Power BI. Ideal candidates will have a recognized qualification and experience in financial services.

Qualifications

• At least 3-5 years' experience in the financial services industry.
• Successfully passed the Regulatory Exam for Representatives (RE5).

Responsibilities

• Liaise with financial institutions and manage daily transactions.
• Compile reports and ensure accurate input into the treasury system.
• Coordinate projects to automate treasury processes.

Skills

Financial Markets

Relationship Management

Reporting

Project Coordination

Education

Recognized Qualification as per Board Notice 51

Tools

Power Apps

Power BI

IT2

Job description

Assist the Treasury Manager in managing all aspects of the Treasury Department as prescribed in the treasury mandate.

Facilitate group companies' financial markets requests within individual mandates to ensure optimal returns on dealings within the financial markets.

DUTIES INCLUDE:

1. Liaise daily with financial institutions, gaining market knowledge/experience, build relationships – enabling companies to invest/disinvest financial products to the advantage of the group as a whole.
2. Administrate daily transactions timely, accurately, and in coherence with mandates that are in place with group companies, to ensure professional service.
3. Responsible for input into the treasury system (IT2) ensuring correct reporting.
4. Responsible for various reports with economic information pulled from financial platforms, reaching all receiving parties accurate and in time, daily, weekly, and monthly.
5. Interest reconciliation of all clients' investment accounts, on a monthly basis.
6. Compile a monthly report of relevant financial institutions' credit ratings.
7. Co-responsible for all the electronic filing of the treasury department.
8. Assist with the FICA process of treasury clients.
9. Ensure that the mandates of the clients correlate with IT2 and that changes are made accordingly.
10. Coordinate and drive projects to automate and streamline processes, using Power Apps or Power BI in conjunction with the rest of the treasury team.
11. Review and recommend updates to policies & procedures, control documents, SOPs, and best practices to keep them relevant and up to date with legislation.
12. Perform any other tasks that may arise due to the continuously changing needs and requirements of the Treasury Department stakeholders.

KNOWLEDGE, SKILLS & EXPERIENCE:

Knowledge / Qualifications: Holds a recognized qualification as listed in Board Notice 51. Successfully passed the Regulatory Exam for Representatives (RE5) – ESSENTIAL to be a Registered Representative (with FSCA) for the treasury-related products listed below.

PRODUCTS APPROVED – CATEGORY 1: Structured Deposits, Money Market Instruments, Debentures & Securitized Debt, Bonds, Derivative Instruments, Long-term Deposits, Short-term Deposits.

Experience: At least 3-5 years' experience in the financial services industry – ESSENTIAL.