Job vacancy for Trade Executive

Stanbic IBTC Bank PLC which is part of the Standard Bank Group is currently recruiting Trade Executive in their Lagos office.
Responsibilities
Responsible for processing clients’ mandates by ensuring that such mandates are accurately captured on the jobbing book for the dealers.
Ensures that all jobbing activities comply with laid down procedures and timelines and exceptions are promptly reported when necessary.
Responsible for ensuring that all trades executed by brokers on the floor of the Nigerian Stock Exchange are promptly and accurately uploaded to reflect in clients’ accounts.
Ensures that clients’ accounts are adequately funded for purchase orders to prevent debit balances in clients’ accounts and also that clients’ portfolio consist of stocks for which sales order have been given.
Ensure that exceptions on jobbed mandate are promptly reported.
Ensures that all mandates are printed out from the StockMandates inbox
E-mail Audit on StockMandates in box to ensure accuracy
Responsible for serial numbering of all printed mandates.
Ensures proper allocation of mandates received among members of the jobbing team.
Ensures a proper accountability for all mandates received from clients.
Sending email on daily outstanding orders to all stakeholders for decision making.

Responsible for raising reports to concerned departments on issues relating to trade and mandates e.g. exception reports, completed trade reports, unsettled trade reports e.t.c
Responsible for reconciling CSCS trade position to uploaded trade

Coordinating unit meetings & generation of the unit’s weekly report.

Application

For details of this job and how to apply, click here