Team Leader/Officer: GMO/Trade Support job at Standard Bank Group
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Vacancy title:
Team Leader/Officer: GMO/Trade Support

[ Type: FULL TIME , Industry: Finance , Category: Management ]

Jobs at:

Standard Bank Group

Deadline of this Job:
Friday, September 22 2023 

Duty Station:
Within Zambia , Lusaka, South - Central Africa

Summary
Date Posted: Thursday, September 07 2023, Base Salary: Not Disclosed

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JOB DETAILS:
JOB DESCRIPTION
• The Trade Support Team is an expert area in all products traded in Africa Desk, being responsible for a control framework around the trade date deal validations, trade lifecycle management, engaged in constant business process re-view and re-engineering. Maintaining and implementing controls around trade management, market data management, and the rollout of new products and new business within Treasury in partnership with traders. Global Markets Operations/Trade Support is key to the business’s independent control infrastructure.

Key Responsibilities
• Ensure all functions within GMO/TS team are actioned timeously and accurately by the Clerk
• Ensure all trades are verified for Global Market transactions by reference to deal sheets, deal tickets and other trade source documents, to ensure that the information recorded in the trade booking systems is correct and accurate before end of day.
• Ensure the amendments and cancellation policy and processes for all Global Markets transactions are adhered to and where required incident reports are submitted as per procedure
• Query resolution – ensure all queries handled and resolved within specified timeframe and assist in resolving trade discrepancies caused from trade failures, breaks, etc.
• Ensure MIS is completed and forwarded to Risk Control and Management on a weekly basis as well as perform a manager review of weekly MIS
• Apply specialist skills to the functions
• Assign / reassign work to Clerk in terms of absenteeism, i.e. Co-ordinate the workload and processes within GMO/TS.
• Build and maintain business relationships with the Global Markets Traders and Heads of other related areas
• Ensure that checklists are completed daily and reviewed for continuous improvement
• Develop standard processes to route customer queries to correct department for timely resolution.
• Provide excellent and outstanding customer service to all stakeholders
• Prepare month end stats accurately by 1st business day of each month.
• Assist the Centre Managers and Manager of GMO/TS as and when required
• Complete all required monthly reports and send timeously to relevant parties
• Ensure rates are loaded, checked and released timely on all systems and relevant stakeholders notified
• Ensure accurate preparation and timely submission of FX return, Unders return, Intraday return, economic return and Board rates return
• Ensure timely preparation of collateral movements, reserve movements, CODAC management and Securities recons
• Ensure all daily reports are loaded on the Shared Drive every morning from Calypso and core banking. Emails should be circulated to stakeholders with voting buttons.
• Dealing mandates must be updated on the GM SharePoint as and when received from Global Markets

Ad Hoc
• Ensure validations processes are covered in the take-on of new products through NPC.
• Projects – Active involvement in completion of requirements, assistance in UAT and SIT testing, completion of procedure documentation and Codac controls, for validation function.
• Report on Operational incidents arising from validation errors, or where validations area is affected.
• Address GMO/TS audit concerns relating to validations processes.

Qualifications
• Tertiary qualification at Diploma level; Degree is an added advantage
• ACI Operations Certificate.

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Zambia
Job Type: Full-time
Deadline of this Job: Friday, September 22 2023
Duty Station: Lusaka
Posted: 07-09-2023
No of Jobs: 1
Start Publishing: 07-09-2023
Stop Publishing (Put date of 2030): 07-09-2066
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