CIB Operations - Equities Settlement Officer- Associate

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.

• 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
  arise
• 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

Key


competencies

• 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 &
  internal)
• Solid understanding of the South African equities
  market and conventions
• Strong leadership & interpersonal skills
• Ability to prioritize and co-ordinate work flows
  effectively
• Ability to work well under pressure
• Ability to partner and collaborate effectively with
  people across the various functional disciplines

Educational/Qualifications

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

Experience

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

About


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 www.jpmorgan.com.

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