Job Description

Closing Date 2024/04/01
Reference Number MMH240318-2
Referral Platform URL
Job Title Back Office Manager International
Position Type Permanent
Role Family Operations
Cluster Momentum Securities
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
IntroductionMomentum Securities provides a full range of stockbroking services supported by market-leading investment management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise bespoke solutions for your individual needs, with all our expertise at your disposal. We provide a comprehensive range of stockbroking solutions including; traditional trade executions (non-discretionary/self-managed portfolio), discretionary portfolio management and advisory portfolios. We also offer full-service stockbroking services into a number of domestic and global markets, supported by specialist research integrating our proprietary macro and micro market views.
Role PurposeThe purpose of the Back-office Manager: International role is to accept accountability in the back-office for all daily operations related to the businessxe2x80x99 international products and services. Furthermore, the role will be tasked with the effective management of daily international operations and will need to ensure such duties are carried out efficiently.
RequirementsQualifications:

• Matric
• B-com Degree

Experience:

• Minimum 5-8 years operational experience in a stockbroking environment
• Minimum 3-5 years offshore operational experience
• Minimum 3-5 experience working with BDA and eCube
• Sound knowledge of Stockbroking and offshore investment operational practices
• Experience managing a team of technical specialists

Duties & ResponsibilitiesDaily back-office operationsDaily operations management of back-office processes, resources and procedures including:

• Ensure effective payment Processing / Operations functions
• Run all the back-office reports for offshore and verify final reporting
• Managing relationships with international counterparties to ensure smooth processing
• Processing forex trading and settlements
• Assists with client escalations, complaints, and queries

Payment reconciliation

• Assisting the Back-office Manager with effective control and management of the daily reconciliations of all payment streams
• Oversees the offshore reconciliation process
• Assist with the onshore reconciliation process

Securities

• Managing all offshore scrip requirements, including appropriate controls over SETEX settlement

Client account Maintenance

• Managing processes for the effective transmission to and acceptance of mandates by offshore counterparts.

Assisting Back Office Manager

• Assisting with Back-office Manager responsibilities during absence or times of greater activity volume.

Competencies

• Checking things : Is meticulous in finding errors; ensures accuracy by being thorough and checking details; produces high quality work by being detailed.
• Examining information : Analyses and processes information; asks probing questions; strives to find solutions to problems.
• Following procedures : Conforms and adheres to rules; closely follows instructions and procedures; minimises risks by sticking to processes.
• Managing tasks : Manages tasks by being organised and methodical; plans activities systematically; sets priorities for tasks.
• Taking action : Takes action to make things happen; uses initiative to start things up; shows drive and invests personal energy.
• Upholding standards : Behaves ethically and justly; is discreet and maintains confidentiality; meets commitments by acting with integrity.
• Conveying self confidence : Is self-assured and projects inner confidence; is confident and determines own future; values own contributions.
• Directing people : Is comfortable leading people; coordinates and directs groups; seeks to control things.

PolicyWe are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan