Officer, Securities Lending at Stanbic IBTC

Job Description

• Receipt, matching and settlement for fixed income trade transactions
• Cash processing for settled trades
• Provision of trade status updates and manual generation of trade status reports.

Qualifications

Receipt, matching and settlement for fixed income trade transactions

• Sorting of received instructions from SWIFT for the purpose of matching
• Loading trades manually on Bancs for non-swift enabled clients
• Repairing trades that do not come in STP
• Creating newly issued fixed income instruments on Bancs
• Modifying non-matching settlement amounts on Bancs within tolerance limit

Cash processing for settled trades

• Ensure that  daily trade schedule for versus payment trades are sent to GMO on settlement date
• Ensure that trades matched for settlement are processed for settlement
• Follow up with clients and other related teams on unfunded accounts on settlement date
• Following up with GMO for updates
• Ensure that all back to back trades are linked on Bancs to ensure cash processing of trades on settlement date

Provision of trade status updates and manual generation of trade status reports

• Ensure that MT548 for late and failing trades are sent on Bancs
• Manually prepare cash projection report for requesting clients
• Manually prepare trade status reports for requesting clients
• Follow up with non-swift enabled clients for failing trades