CIB Operations - Equities Settlement Officer- Associate

J.P. Morgan - Johannesburg, Gauteng

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CIB Operations - Equities Settlement Officer- Associate
Purpose of Job:

The Johannesburg CIB

Operations team provides support to the Equities and Currency and Emerging

Markets (CEM) Businesses. This position

is based in Johannesburg supervising a team individuals in the equities

settlements space.

The successful applicant will be a highly

motivated, self-driven individual who is capable of multi-tasking, analytically

reviewing data and process to identify improvements, good time management, and

communication skills. The position requires significant interaction with the

traders; financial control, Trade Assistants and the Middle Office. A strong track record of equities operations experience

is essential.

The role is suited to a

motivated and innovative self-starter with the necessary skills and experience

to drive change as well as to ensure an efficient and controlled operating

model. This includes managing the

operating model, technology requirements and business processes needed to

facilitate the business whilst maintaining a robust control environment.

Key Responsibilities:

  • Provide effective day
    to day support to the sales/trading desk on trade bookings; position
    management and risk reporting
  • Securities
    settlement function including f the stock borrow lending process as well
    as the Euroclear securities settlement process
  • Ensuring a
    well-controlled and efficient operating model that includes the
    performance of all relevant control reconciliations including stock/cash
    positions and FOBO reconciliations
  • Ensuring accurate
    funding positions and efficient use of the LEs capital
  • Liaising with
    sales/traders; clients; custodian and internal JPM colleagues and teams to
    ensure timely and accurate processing and settlement of all transactions
  • Compliance with all
    local and applicable international rules and regulations and aligning
    these to internal policies & procedures
  • Ownership and
    resolution of all daily tasks as well as any extraordinary issues that
  • Project management
  • Meeting all MIS
    and reporting deadlines
  • Implementation of
    new processes and systems
  • Provide business
    support to other areas of the bank as necessary
  • Maintenance of
    standard operating procedures
  • Reference data management
  • Support of
    Structured Trades
  • Support of new
    listings and private placements
  • Conversion and
    settlement of dual listed securities



  • Strong logical and analytical skills
  • Strong understanding of the control frameworks
    with the ability to identify and immediately escalate any control concerns
  • Experience working on the implementation of new
    processes and systems
  • Strong communication skills (external &
  • Solid understanding of the South African equities
    market and conventions
  • Strong leadership & interpersonal skills
  • Ability to prioritize and co-ordinate work flows
  • Ability to work well under pressure
  • Ability to partner and collaborate effectively with
    people across the various functional disciplines


  • Degree or equivalent preferred with strong relevant
    banking experience
  • Equities Settlement Officer Qualification
  • Cash Equities operations experience


  • 7+ years relevant equity operations experience (preferably
    to include Institutional activity in SA)


J.P. Morgans Corporate & Investment Bank:

J.P. Morgans

Corporate & Investment Bank is a global leader across banking, markets and

investor services. The worlds most important corporations, governments and

institutions entrust us with their business in more than 100 countries. With

$18 trillion of assets under custody and $393 billion in deposits, the

Corporate & Investment Bank provides strategic advice, raises capital,

manages risk and extends liquidity in markets around the world. Further

information about J.P. Morgan is available at


Chase & Co. offers an exceptional benefits program and a highly competitive

compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer


Min education
University attendance
Required experience
7 Years
Not defined
Not defined
Not defined



Employer name

J.P. Morgan

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