Portfolio Officer – Global Custody

Posted Yesterday
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Johannesburg, Gauteng, ZAF
In-Office
Senior level
Financial Services
The Role
Administer and monitor global custody transactions, ensuring accurate execution within market cut-offs and compliance with quality, regulatory, and risk standards. The role manages operational queues, escalates issues and potential losses, supports risk mitigation, improves processes, maintains stakeholder relationships, and delivers service within agreed SLAs. Candidates need custody operations experience, knowledge of domestic and global custody processes, securities depository requirements, and customer-facing experience.
Summary Generated by Built In
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.


Belonging at Absa

Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.

Job Summary

We are looking for an experienced Portfolio Officer to support the effective administration of Global Custody operations. In this role, you will help ensure that transactions are completed accurately, within required cut-off times and in line with quality, regulatory and risk standards. You will also contribute to operational efficiency, strong stakeholder relationships and excellent service for internal and external clients.

Job Description

You will be accountable for;

  • Administering transactions relating to AIS products and services.
  • Monitoring transaction execution to ensure required standards are consistently met.
  • Completing transactions within applicable market and operational cut-off times.
  • Identifying and driving opportunities to improve operational efficiency.
  • Applying defined quality standards and standard processes to reduce operational risk.
  • Escalating unresolved issues, potential losses and client claims promptly to the Team Leader and Operations Manager.
  • Identifying and escalating actual and potential risks to the Operations Manager.
  • Designing and implementing appropriate risk-reduction, mitigation and avoidance measures.
  • Maintaining sound controls and disciplined execution across custody processes.
  • Building and maintaining effective networks across operational areas within the Absa Group.
  • Maintaining strong visibility with key internal and external stakeholders, promoting the credibility and growing capabilities of the business.
  • Communicating clearly and professionally with internal and external clients, both verbally and in writing.
  • Supporting excellent service delivery within agreed SLAs by monitoring performance and tracking daily queues.

Send us your CV if you have the above experience and below;


  • A diploma or certificate at NQF Level 6.
  • 5 years’ experience in custody operational processes.
  • Knowledge of regulatory and statutory requirements, including Strate Rules and Central Securities Depository roles across different markets.
  • Understanding of domestic and global custody processes.
  • Proven experience in a customer-facing environment.

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)

Skills Required

  • Higher Diploma in Business, Commerce and Management Studies
  • NQF Level 6 diploma or certificate
  • At least 5 years of experience in custody operational processes
  • Knowledge of regulatory and statutory requirements, including Strate Rules and Central Securities Depository roles across different markets
  • Understanding of domestic and global custody processes
  • Proven experience in a customer-facing environment

Absa Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.

  • Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
  • Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
  • Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.

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The Company
HQ: Riyadh
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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