To assist Prescient Fund Services (PFS) clients with the trade matching and settlement process.
DUTIES & RESPONSIBILITIES
Ensure all capturing / processing, matching and settlement of trades to the accounting system timeously for International markets namely Equities, FX’s and CIS investments
Ensure trades are matched between client notification and counterparty confirmation
Ensure trades are matched between client notification and counterparty confirmation.
Sending settlement instructions to custodian for all trades timeously via SWIFT, Omgeo or Workbench as necessary only once deals have been matched to the counterparty confirmations.
Managing status of trades and requirements
Maintaining broker settlement details, contact details and brokerage rates
Monitoring/processing of front office trades to ensure STP settlement into the accounting platform
Compiling of incident reports and assist in implementing and maintaining process controls
Resolving external and internal queries relating to all trades from brokers, clients and custodians
You will need to build and maintain healthy client and counterparty relationships to ensure resolution of settlement issues identified.
Ensure all applicable reconciliation and exception reports are performed and /or reviewed on a daily/weekly/monthly basis
Project related tasks: testing and implementing new solutions. Look to using online solutions instead of using existing manual forms and sending manual instructions.
REQUIRED EXPERIENCE
Relevant experience of at least 2-3 years + experience in a Settlements role in Fund Services / Investment / Wealth Management environment required.
A solid understanding of the financial markets and instruments essential.
Ideally knowledge and experience on both local and international markets including experience working with Omgeo.
This is a great opportunity to join the Trade Management team of Prescient Fund Services (PFS) where you will experience excellent career exposure and growth.
Prescient only conducts financial services with clients via formal processes and communication channels. Note that Prescient does not sell or advertise or solicit any business or investment opportunities via soft channels such as WhatsApp, Facebook, Instagram or Text Messaging.
Please be cautious of individuals fraudulently attempting to solicit business or investments by impersonating or claiming to be an associate or representative of Prescient, who are selling or advertising investment opportunities. Please ensure to contact Prescient directly in the event of someone soliciting or attempting to solicit investments from you.
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