African Alliance Securities is currently looking for a Botswana based person to join our equity operations team. This is an exceptional opportunity for a highly motivated individual to get involved in an established Pan African securities business.
Main Purpose of the Role
The main purpose of the role will be to perform and manage all day to day functions within the operations department. This includes the monitoring and implementation of all policies and procedures and to ensure their effectiveness as operating controls.
The main purpose of the role will be to perform and manage all day to day functions within the operations department. This includes the monitoring and implementation of all policies and procedures and to ensure their effectiveness as operating controls.
Requirements
Key Deliverables of the Operations Officer
- Ensure you provide accurate and timeous processing of information into the respective systems.
- Ensure you provide client deliverables, i.e. contract notes, trade affirmations, client withdrawals are prepared accurately, actioned timeously and communicated to the client in good time.
- Monitor operational policies and procedures for effectiveness and suggest any changes to increase efficiency.
- Be aware of any market changes and ensure changes are appropriately carried forward and communicated to Group Operations.
- Always be aware of factors that expose the business to operational risk.
- Anti-Money Laundering and Fraud.
- Work closely with Internal Audit to ensure all internal audit findings are addressed satisfactorily.
- Know and understand regulatory and compliance requirements and ensure compliancy at all times.
- Improve accuracy and efficiency in all operational aspects.
- Zero tolerance of trading errors and capturing errors to an absolute minimum.
- Ensure that all documents are stored electronically or filed correctly and regular and effective archiving takes place.
- Improving levels of service to both staff and customers.
- Custodian, Registrar and Regulatory relationships.
- Client complaints to an absolute minimum.
- Continuous update of client records.
- Speedy communication of system problems or bugs in order to rectify in the shortest period of time.
Reporting Structure
The Operations Officer will report to the Head of Operations for Capital Markets as well as report indirectly to the country CEO.
The Operations Officer will report to the Head of Operations for Capital Markets as well as report indirectly to the country CEO.
The Candidate
We seek the following in our desired candidate:
We seek the following in our desired candidate:
Qualification Requirement
- A relevant tertiary qualification such as a B Com with Finance as a subject is highly preferable.
Experience / Background Preference
- The company will only look at candidates who have no less than FIVE years relevant working experience.
- Candidates should have a solid understanding of Reconciliations, Credits and Debits.
- An operational or a financial background from within the relevant sector (banking or stockbroking) is preferable.
- Previous experience within a top-tier investment bank or securities firm will be advantageous.
- An excellent command of English, both written and verbal, is a requirement of the role.
Key Competencies
- The successful candidate will need to demonstrate the following:
- The candidate should have the ability to work in a thorough, logical and systematic manner giving consistent performance in a highly structured environment.
- Ability to create a culture of continuous improvement and excellence.
- Enjoy challenging problem-solving situations and come up with well thought through practical solutions.
- Be a self-starter who demonstrates energy in the work situation, seeking to get things done and at the same time addressing a wide variety of tasks.
- Ability to build strong relationships with team members and company management.
- A strong competitive spirit balanced by a proven ability to work as part of a team.
- A very strong work ethic and strict attention to detail.
- Strong Excel knowledge.
Location
The position is based at our Botswana office located at Fairgrounds Office Park, Gaborone.
The position is based at our Botswana office located at Fairgrounds Office Park, Gaborone.
Company profile
African Alliance Securities was established more than twelve years ago and is the biggest stockbroker in Africa with an extensive client distribution network locally (through our on the ground presence where we own broker/dealer licenses in 11 countries across the continent) and internationally (through our trading desk in South Africa).
Voted as the leading research house in Africa (Euromoney 2012, 2013 and 2014; Think Business Kenya Best Research Team 2014 & 2015), African Alliance continues to play a pioneering role in providing high quality, fundamental research on African markets. We have a dedicated team of analysts, producing fundamental research that covers 75% of the Sub-Saharan Africa (excl. South Africa) equity universe (by market capitalisation).
Benefits
Compensation
An annual cost to company remuneration package, which will be commensurate with the technical skills and experience of the successful candidate.
An annual cost to company remuneration package, which will be commensurate with the technical skills and experience of the successful candidate.
Closing date and application instructions
Interested Candidates who meet the minimum requirements can submit their applications, updated CV and certified copies of their academic certificates to: vacancy@africanalliance.bw
The subject window on email should only contain the title of the position being applied for.
Closing date: 24th June 2016. Kindly note, that African Alliance shall only correspond to short listed candidates.
OPERATIONS OFFICER - AFRICAN ALLIANCE SECURITIES
![OPERATIONS OFFICER - AFRICAN ALLIANCE SECURITIES]()
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