Portfolio Officer – Settlements

Posted 18 Hours Ago
Be an Early Applicant
Sandton, Sandown, Johannesburg, Gauteng, ZAF
In-Office
Senior level
Financial Services
The Role
Process, monitor and report custody and trustee transactions for Investor Services; ensure timely execution within SLAs, drive operational efficiency, manage risks and compliance, and maintain stakeholder relationships and high-quality client communication.
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.

Job Summary

We are looking for an experienced Portfolio Officer who will be accountable for processing, monitoring and reporting of all Custody and Trustee related transactions for the Investor Services Operations function ensuring effective execution within compliance and regulatory requirements.

Job Description

Your key responsibilities will include the following;

Operations:

  • Administer all transactions relating to AIS products and services. 
  • Identify and drive operational efficiency.
  • Monitor all transactions to ensure that the required standards of work are met during execution.  
  • Ensure all transactions are executed within the relevant cut-off times. 
  • Adhere to defined quality standards and standard processes to avoid risks to the bank through effective and efficient monitoring of transactions. 

Risk Management and Compliance:

  • Identify and escalate real and potential risks to the Operations Manager. 
  • Design and implement risk reduction, mitigation and avoidance measures to address potential or identified risks 
  • Maintain a good understanding of all governance applicable to AIS Operations

Collaboration and Relationship Building:

  • Develop and maintain networks within the Absa Group across operational areas.
  • Maintain high personal visibility with crucial influencers within the bank and externally promoting the credibility of self and the business’s growing capabilities. 

Customer Service:

  • Ensure high quality communication to internal and external clients, both verbal and written 
  • Ensure that the team delivers Excellent Service to all clients within agreed SLAs, by monitoring performance and tracking daily queues 

If you have the relevant experience and meet the criteria below, please submit your CV.

  • Diploma or Certificate at NQF level 6 
  • Minimum 5 years of Custody Operational Processes
  • Knowledge of regulatory and statutory requirements: Strate Rules
  • Understanding of Custody processes
  • Proven experience in customer-facing environment 

Education

National Diplomas and Advanced Certificates: Office Administration (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

Skills Required

  • Diploma or Certificate at NQF level 6
  • National Diplomas and Advanced Certificates: Office Administration
  • Minimum 5 years of Custody Operational Processes
  • Knowledge of regulatory and statutory requirements: Strate Rules
  • Understanding of 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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