Entry Level Specialist: Operations & Administration (C&B)

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Cape Town, Western Cape, ZAF
In-Office
Financial Services
The Role
Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

An exciting opportunity is available! The purpose of this role is to assist Investment Managers with administrative and operational support.

Job Description

  • Validate correctness and accuracy of info on Deal Sheet for: (Maturities, New Investments, Maintenance, Transfers and Rate Changes).
  • Validate correctness and accuracy of info captured by Back Office: (Maturities,
  • New Investments, Maintenance, Transfers and Rate Changes).
  • Populate Deal Sheets via Orchestrate for: Maturities, New Investments, Maintenance, Transfers and Rate Changes
  • Obtain Clients acceptance of Quote with the necessary proof
  • Investigate reasons as to why a deal sheet was not fit for processing (IRA also involved)
  • Populate and Maintain Client Detail on Orchestrate
  • Send confirmation letters to clients when the investment account has been Opened
  • Maintain the CASA list/issue CASA numbers for new investment accounts.
  • Draw up SOX listings from the operational system on a daily and weekly basis, consolidate the lists and conduct various control checks. Reconcile SOX list on a monthly basis and forward to the Investment Specialist for signing off.
  • Identify quality leads from the assessment of prospective investment clients from the various listings that the Liability Administrator draws from the operational system.

Minimum requirements:

  • Grade 12 plus NQF level 5 qualification
  • At least 3 years relevant experience in an administrative/clerical role or similar capacity.
  • Two years’ working experience, preferably in Absa Relationship Banking
  • Regulatory and Compliance knowledge
  • Basic knowledge and understanding of liability products.

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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The Company
HQ: Johannesburg
39,055 Employees
Year Founded: 2018

What We Do

Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

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