Operations & Client Liaison Officer Finance
Paarl - South Africa
Job Summary
- Monitor local and international foreign exchange markets
- Prepare and distribute daily foreign exchange rates and market updates to clients and internal stakeholders
- Conduct basic market research and analysis on currencies economic indicators and market movements
- Monitor factors affecting exchange rates including interest rates inflation economic data and geopolitical developments
- Provide factual market information and operational support to clients and internal stakeholders
- Identify and communicate relevant market developments and potential trading opportunities to the appropriate manager/trader
- Support the execution of foreign exchange transactions in accordance with approved mandates procedures and authorisations
- Ensure transactions are accurately captured and recorded
- Monitor executed trades through to settlement
- Receive and process authorised trade instructions
- Support the execution of FX transactions in accordance with company procedures
- Capture trades accurately onto the company system
- Verify trade details including currency amount exchange rate value date and counterparty
- Monitor outstanding trades and settlements
- Liaise with banking partners regarding trade confirmations payments and settlement requirements
- Investigate and escalate failed delayed or incorrect settlements
- Maintain complete and accurate trade documentation
- Assist with daily reconciliation of trades
- Ensure settlement-related issues are resolved within agreed service levels
- Process incoming and outgoing international payments
- Liaise with banks and financial institutions regarding payment instructions and transaction queries
- Assist clients with FX banking payment card and transaction-related queries
- Provide accurate information regarding rates fees limits and applicable products
- Support FICA and AML compliance processes
- Grade 12
- Relevant finance qualification
- Minimum 2 years relevant experience in the finance / banking industry
- Experience with foreign exchange markets currency movements and exchange rate fundamentals and basic money market concepts
- Knowledge of basic trading and settlement concepts
- Knowledge of international and cross border payment processes
- Regulatory and compliance knowledge such as FICA and AML principles
- Experience with systems such as Paradigm Beeswax Xero Intellimali Paymentology or Zendesk will be an advantage
Required Skills:
Grade 12 Relevant finance qualification Minimum 2 years relevant experience in the finance / banking industry Experience with foreign exchange markets currency movements and exchange rate fundamentals and basic money market concepts Knowledge of basic trading and settlement concepts Knowledge of international and cross border payment processes Regulatory and compliance knowledge such as FICA and AML principles Experience with systems such as Paradigm Beeswax Xero Intellimali Paymentology or Zendesk will be an advantage
Required Education:
Grade 12Relevant finance qualification