Securities Services Administrative Officer (Occupation Code : 431202)
DescriptionHandles the administrative work associated with the execution and finalisation of financial markets transactions.
TasksRecording, filing and looking after stocks, bonds and other investment documents.
Maintaining records of bonds, shares and other securities bought or sold on behalf of clients or the employer.
Obtaining all required source documents and forms (including identity documents, trust documents and company documents) to prepare agreements, National Credit Act (NCA) quotes and all related security documents for all loans and overdrafts.
Opening accounts on the system and updating the Electronic Securities Register (ESR) with securities required as pending.
Maintaining proper records of correspondence from attorneys and financial institutions.
Managing security safekeeping and recording in accordance with the banking regulations.
Following up receipt of the original bond and title deeds from attorneys.
Drawing up loan agreements, facility letters or NCA quotes for re-advances or increased facilities where applicable.
Alternate Occupation Names
Corporate Action Officer
Share Scheme Administrator
Script Lending Administrator
Accounts Opening and Maintenance Officer
Securities Lending and Borrowing Officer
Cash Management Officer
Client Take-on Officer
Step 1 : Admission requirements
- NSC Diploma Admission
Admission into a Diploma requires the achievement of a National Senior Certificate (NSC) with the minimum requirements for admission into a diploma or a National Certificate (Vocational) NC(V). In addition, each education institution has its own unique entry requirements for each of its programmes. It is important to check the entry requirements for this programme with the institution of your choice before you apply.
Step 2 : General Qualification
Step 3 : General Qualification
Step 4 : Other occupation
- Bank Worker / Bank Teller
You may enter the learning pathway to this occupation with experience either as a Bank Worker or as a Bank Teller.
Step 5 : In-service training
- In-service Training
Short courses, skills programmes and on-the-job training are offered by employers.