• 2.3.9 Custody and settlements – custody


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    Description of role

    Responsible for assisting with the investigation and clearing of stock and cash differences, resolve any reconciliation issues and ensure full compliance with internal and external procedures.     

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    Core skills

    • Ability to provide on-going client management through quality, customer-oriented service to the front office
    • Ability to perform accounting book keeping and reconciliation of nostros, positions and books
    • Ability to manage settlement risks to ensure on-going compliance with established risk management policies and procedures
    • Ability to provide on-going client management through quality and customer-oriented service to the front office
        
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    Qualification and/ or certification

    • QFSQF Level 2
    • Relevant experience
        

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    Industry knowledge

    • Knowledge of the principles of safe custody, roles and types of custodian and how client assets are protected

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    Regulatory compliance of role

    • Knowledge of QFMA and other relevant laws and regulations governing asset management activities of regulated financial institutions