Equity Settlements Specialist - CSDP

Job category: Banking, Finance, Insurance. Stockbroking

Contract: Permanent

Remuneration: Market Related

EE position: Yes

WHY JOIN THE JSE? The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

To provide support to team and head of CSDP, through the timely and accurate processing of work as received by various Departments, whilst ensuring strict compliance with policies and procedures.

• Daily funding obligations sent out to Clearing Bank to process within the funding windows.
• Review various daily reports and resolve any balancing issues.
• Capturing of all Equity Instructions (On-exchange and Off-exchange).
• Send settlement confirmation of all on-exchange and off-exchange trades that settled to internal departments and clients.
• Calculate monthly Securities Transfer Tax payable to SARS before the 14 th day of each month.
• Review and analyse market change requests and draft BRS to System vendor
• Market Testing
• Prepare and email transaction advice and contract notes to all own name clients.
• Monitor all status intimations and report on all unmatched trades.
• Prepare and submit monthly reports for all on-exchange and off-exchange transactions.
• Monthly accruals
• Upload Price feed
• Sharedealing MTN/SOL/SOLBE1

• Ensure all document and administration processes adhered to the necessary regulatory (Strate), and other processes and procedures, in accordance with transactional timelines to prevent risk exposure or monetary penalties.
• Ensure that all FAIS / FICA / POPI and TCF obligations as they relate to the CSDP, are adhered to.
• Maintain and improve quality results by adhering to standards and guidelines, recommending improved procedures.
• Operate within controls and procedures to ensure the integrity of the JSE.
• Identify and report risks or areas of concern to management within area of responsibility.
• Ensure compliance with all relevant regulations and procedures to prevent fruitless, wasteful and irregular expenditure

• Maintain effective working relationships with customers (both internal and external) towards rendering highest quality of services.
• Identify and solves problems whilst demonstrating a high level of integrity in line with the JSE core values.
• Extract and send daily / monthly / bi-annual reports to clients
• Update client list for JSE.
• Liaise with Institutional / Individual clients, Strate and all other relevant parties / Regulators.
• Ensure that JIS CSDP provides a high-quality service to all external and internal clients
• Effectively attend to meeting requirements from all Issuers and external service providers.
• Keep abreast of market changes and keep clients informed.
• Liaise with vendors regarding system issues and enhancements

• Provide back-up support services for other areas, as and when required.
• Assist with new projects as well as various ad hoc projects as required by management

• Promote the effective and transparent use of financial and other resources.
• Monitor expenditure and ensure spending occurs within budgetary limits and the JSE financial guidelines, report deviations to direct Manager.
• Explore opportunitues to control and reduce costs

• Matric
• Relevant Certificate/Diploma ( Finance or equivalent)
• Strate Module 1-3 Accreditation through SAIFM

• 3-5 years experience operating in an Equity Settlements or Corporate Actions role

• Code B drivers license or relicable transport
• Strate Module 1-3 Accreditation through SAIFM
• Understanding of regulatory environment, laws, acts and rules.
• Understanding of FICA, STRATE and legal documents.