Makosi provides operational support, innovative technologies and advisory services to some of the largest banks, brokerages, asset managers and hedge funds globally. We require an OTC Derivative Settlements Associate to work within one of our Investment Banking clients and perform the following:
Confirming cash settlements with hedge fund, High Net Wealth, mutual fund and institutional client base
Daily reconciliation of allocated Nostro discrepancies
Prepare manual ledger bookings and make ad hoc payments
Investigate cash flows that have not reconciled on value date
Respond to ad-hoc queries from desks and Management
Identify and initiate control points with a view to minimizing operational risk.
Responsible for the creation and distribution of MIS reports to senior management
Develop a technical understanding of supporting applications and architecture identifying opportunities for improvement and involvement in testing initiatives
Interaction with various (internal & external) operational dependent constituents to ensure trades are executed in a timely manner
Excellent grasp of products and trade lifecycle
Minimum 2 years OTC Derivatives Settlements experience (only CDS, IRS)
Good system skills including Microsoft office suite (advanced excel), Bloomberg, Markit, DTCC
Makosi Inc. - 19 months ago
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Makosi has been providing specialist consulting services to top tier clients since 2001. Originating in South Africa and supporting some of...