JMMB Group Trinidad and Tobago June 2021

The Settlement Officer (Encashment) is responsible for the execution and settlement of client trades, encashment and provides support for other settlement functions as required and assigned.

Job Purpose & Summary:

The Settlement Officer (Encashment) is responsible for the execution and settlement of client trades, encashment and provides support for other settlement functions as required and assigned. The position executes administrative and security documentation functions for Cash and Equity in accordance with JMMB’s policy guidelines in order to mitigate financial exposure and adherence to set risk and operational standards. The position promotes the JMMB’s Ethos, Vision of Love and its unique culture while engaging in the process for the continuous improvement.

Duties and Responsibilities:

Timely and Accurate Encashments

• Coupon payment disbursements
• Disbursement of USD Dividends
• Timely and accurate settlement of client encashment requests
• Movement of funds between company accounts

Client Trades and Letters

• Upload equity fills
• Follow through to ensure transaction completion
• Trustee Account Settlement Management (daily deposits and fills)

Reconciliation

• Coupons as scheduled
• JMMBITT Daily Bank Balances
• Assisting Finance with reconciling JMMBSL bank accounts

Queries

• Support with the resolution of client queries
• Support with the resolution of internal queries
• Any other related duties as may be assigned from time to time

Education, Training & Work Experience Required:

• Bachelor’s Degree in Business, Finance, Economics or other Social Science.
• Minimum of  five (5) years working experience in Investment operations and a client service environment within the financial sector
• Working knowledge of financial sector instruments, market operations, relevant laws, and regulations.

Skills:

• Good interpersonal skills
• Satisfactory level of computer literacy, such as Microsoft Office Suite – Word, Excel.
• Good written, oral and non-verbal communication skills.
• Good reporting and documentation skills
• Detail and results-oriented, organized, ability to manage multiple tasks with tight deadlines

Behavioural Competencies:

• Promotes the JMMB’s philosophy of the Vision of Love and its unique culture.
• Promotes the Project Management culture for the transformation and continuous improvement of the JMMB and its associated companies.
• Solution oriented expert
• Actively live our core values as enshrined in the Vision of Love
• Extraordinary leader working in the best interest of all
• JMMB’s defined Leadership competencies

Relationships:

• Finance/Operations Manager
• Compliance & Internal Audit
• Sales Team
• JMMB Investments Jamaica

The Senior Internal Auditor independently plans, executes and reports on regulatory, operational, special, fraud and compliance related audits/projects.

Job Purpose & Summary:

The Senior Internal Auditor independently plans, executes and reports on regulatory, operational, special, fraud and compliance related audits/projects. During these assignments, the Senior Internal Auditor is expected to independently apply risk and control concepts to scenarios encountered and identify any potential issues for the review of and direction by the Assistant Manager, Internal Audit and final approval of the Manager Internal Audit.  The Senior Internal Auditor is also expected to lead on an audit assignment, supervising junior team member (s).

Duties and Responsibilities:

• Audit Review Planning:  Plans audit reviews, ensuring all applicable preparatory work is completed in an effective and timely manner.
• Fieldwork: Conducts and leads assigned audit assignments by effectively documenting internal control issues/breaches using the Internal Audit Database and other tools (Teammate, Data Analytics and Microsoft Office), provide value added recommendations and effectively and accurately prepare draft reports, which are clear and concise.  Ensure that adequate coaching is provided where leading on an audit engagement.
• Administration: Responsible for ensuring timely and accurate completion of audit Wrap Up Procedures.
• Follow-up Reviews:  Assist with the execution of follow-up reviews and validation of action taken by Management identifying and recommending audit issues for possible risk acceptance.
• Reporting:  Assists in the timely preparation and submission of reports for Board and Committee Meetings.
• Performs other related duties as assigned.

Education, Training & Work Experience Required:

• Bachelor’s Degree in Management/Finance/Accounting.
• Internal Audit related certifications such as Certified Internal Auditor (CIA), Certification in Risk Management Assurance (CRMA), Certified Fraud Examiner (CFE), FIBA Anti-Money Laundering Certified Associate or other related certification will be an asset
• 3 years internal or external auditing experience leading on internal audit assignments with at least two (2) years in the financial services industry.

Skills:

• Team-oriented and possess excellent leadership and interpersonal skills.
• Proficiency in the MS Office suite.
• Knowledgeable of CBTT Guidelines and Regulations