Friday, July 13, 2018

Johannesburg Stock Exchange Vacancies (JSE), Derivatives Operations Specialist

Job Title    Derivatives Operations Specialist

Reporting To (Job Title)    Operations Manager Derivatives
Job Type Classification    Permanent
Location - Town / City    Sandton
Division    Post Trade Services
Department    Post Trade Services
losing date: 2018/07/23

Job Summary   
To manage a team that ensures orderly markets and settlements of financial instruments listed on the JSE by monitoring and managing settlement and ensuring settlement takes place as per JSE's Rules to protect reputation and integrity of JSE as exchange.
The JSE is an equal employment opportunity employer and invites all designated groups, including people with disability to apply.
    • Provide input into departmental /divisional budget to ensure appropriate resource allocation in achievement of departmental goals
• Manage assigned budget through monitoring and seeking cost effective ways of achieving departmental goals
• Track projects against project milestones and in accordance with performance agreement of each team member
• Measure efficiency against project milestones, department milestones and performance agreement
• Ensure efficient operation by making recommendations after looking at risks and issues in accordance to their performance agreements
• Build relationships with colleagues, peers and staff by using appropriate interpersonal styles
• Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions.
• Meet agreed client objectives by understanding and adhering to internal and external Service Level Agreements , regulatory directives and staff Key Performance Agreements to ensure clarity and ensure client service and satisfaction
• Meet own and staffs agreed client service and satisfaction objectives by maintaining SLA’s, understanding impact and scheduling meetings to provide feedback to stakeholders
• Work with different stakeholders within the JSE to meet JSE Strategic Initiatives
• Create and implement staff and resource plans clear work allocation accountability to deliver on the departmental/divisional strategy
• Monitor KRA’s and SLA’s on a constant basis to ensure that timelines are met and work is executed in a timely manner and that prompt corrective action can be take should a timeline not be met
• Oversee the operations desk by monitoring group emails addresses and responding to clients in a timely manner to ensure that daily procedures are completed effectively, timeously and accurately
• Monitor and manage daily derivatives functions

Responsibilities / Outputs
• Monitor and manage all ne dof day processes adn procedures on the desk
• Monitor and manage the monthly reporting to the SARB and relevant stakeholders
• Assist with investigations on possible new systems, automation or upgrade of current systems to cater for integrated clearing strategy
• Ensure adherence to Service Schedules and quality processes are in place by mapping and documenting current processes and making recommendations to make current processes more efficient
• Assist with risk management by identifying and escalating risks that may have an effect on the clearing and settlement for Commodity, Equity and Currency Derivatives
• Ensure that regulatory actions are consistent, appropriate, clear and cost-effective in the interests of maintaining efficient and well-functioning financial markets in South Africa
• Conduct relationship meetings with clearing members to receive and provide feedback on the daily operations, at least once a quarter
• Measure teams effectiveness and year on year improvement by measuring against SLA’s and KPA’s and conducting performance reviews
• Ensure staff are equipped to deliver quality service by supplying the necessary tools such connectivity ensuring business continuity (DR testing)
• Conduct manual interventions when inaccuracies cause system failure or down time minimising a snowball effect managing on of the major challenges faced
• Resolve related PTS operational problems in a determined manner using past experience to adapt and improve a situation
• Take full accountability by making decisions and escalating appropriately
• Identify risks to operational procedures and processes and implement solutions in order to ensure the best possible outcome to all stakeholders
• Mitigate the impact of not meeting deadlines by understanding the full impact and escalate appropriately
• Cross-skill staff to assist when there is a staff shortage to ensure there is no down time
• Team Management
• Transformation and Innovation Management
Experience    Degree in Financial Markets
10 years plus experience in a financial markets environment including 4 years having managed a team

Personality Traits


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