Team Leader, Operations -SBGS

Job Description

Responsible for operational functions relating to managing and record keeping of all client investments.

To effectively and accurately oversee the reconciliations process and manage the exceptions queue by conducting and following through on investigations and escalating any queries when required to ensure all item entries are matched and breaks are timeously resolved.

Continuously develop and build on an intermediate understanding of the trade life cycle (from entry to exit) including roles and responsibilities, relevant recon systems (e.g. Intellimatch, Murex Core, MS Office), and expected outputs that informs the recons process to understand and identify root causes within the recons value chain.

Continuously stay abreast of the various product, asset class and trade instruments, as well as intermediate recon knowledge on procedures, risks, systems and processes to effectively and accurately perform complex recons, conduct investigations, and interact with key stakeholder.

Coordinate regular meetings and liaise with relevant teams and stakeholders (internal and external) when required to query complex item breaks and provide insights on the root cause to effectively escalate issues and resolve item breaks.

Compare flows for high volume and / or complex manual recons and mark up any unmatched items to identify breaks that need to be investigated and resolved.

Update the Asset Management System with all client's transactions daily. Real-time transaction postings.

Execution of all settlement instructions for all clients

Reconciliation of clients’ accounts with bank balance for all clients

Provision of Accurate Cash Balances for clients for investment

Qualifications

Minimum Qualifications

Type of Qualification : Undergraduate Degree

Field of Study : Finance and Accounting, Economics.

Experience Required

3-4 years

Relevant recons knowledge and experience of local and foreign markets with a broad understanding of systems, processes and procedures to perform recons. Knowledge and understanding of the trade lifecycle and relevant exposure within Trade Support and / or settlements. Exposure to working within an operations and processing type environment. Knowledge and practical experience with using relevant MS Office programmes and systems.

Additional Information

Behavioral Competencies :

• Adopting Practical Approaches
• Articulating Information
• Checking Details
• Embracing Change
• Establishing Rapport
• Following Procedures
• Interacting with People
• Managing Tasks
• Meeting Timescales
• Producing Output
• Team Working
• Thinking Positively

Technical Competencies :

Careers

Are you passionate about Africa's potential? Are you driven to win? At Standard Bank Group, a team of over 50 000 dedicated individuals share one common purpose : Africa is our home, we drive her growth. We believe our people are our greatest asset, and we strive to create a thriving environment where you can bring your whole self to work, pursue your dreams, and see your ideas shape a brighter future for Africa. Join us, if you're ready to turn your passion into impact and make a real difference as part of a dynamic team.