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Company: ABSA
Location: Mauritius
Closing Date: 10 October 2026
Time is running out to secure your next career move with an international financial institution, as the application window for the current opening closes on October 10, 2026. Professionals seeking a hybrid work arrangement in Ebene will find this position offers the exact operational balance they need. Understanding the Custody Operations Officer requirements and qualifications early gives interested applicants a competitive edge before the strict deadline arrives.
2. Company Overview
Absa operates as a local bank backed by regional and international expertise, boasting over 100 years of rich history. Guided by its commitment to empowering Africa’s future, the group offers career paths designed around growth, support, and professional development. Employees gain access to leading-edge guidance tools through the My Career Development Portal to help shape their future journeys.
3. Job Overview
- Title: Custody Operations Officer
- Location: Ebene
- Employment Type: Full time
- Deadline: October 10, 2026 (12 days left to apply)
- Salary Band: Not specified by employer
- Reference Number: R-15991274
4. Job Purpose / Role Summary
The role centers on handling global and local custody operations while ensuring the effective execution and settlement of security transactions for bank clients. Post holders maintain up-to-date records to minimize financial risk to the bank. Additionally, the role maintains IT security, upholds best practices, and supports the day-to-day smooth running of securities systems.
5. Key Responsibilities
- Process client trade and corporate actions instructions on the securities system.
- Ensure settlement of trades and corporate actions on due date.
- Maintain and record all transactions in a timely manner.
- Ensure that client receives error free custody reporting from the system.
- Reconcile client entitlements in respect of relevant corporate actions, including cash dividends, bonus issues, and rights issues.
- Ensure prompt collection of income entitlements and cash dividends paid by companies.
- Ensure proper record keeping and capture of all corporate events.
- Conduct securities and cash reconciliation exercises on a daily basis where applicable.
- Manage the securities system dashboard to ensure all daily deliverables are met.
- Liaise with Global markets for FX rates booking and confirmation regarding client trades and funds repatriation where needed.
- Liaise with bank commercial operations for cash processing.
- File all documents used in the course of work.
- Respond to clients on all custody-related operational matters.
- Ensure proper follow-up with clients until resolution of any issues.
- Pro-actively take the lead with clients to avoid settlement delays or failures where possible.
- Provide market information to the client as and when requested per SLA.
- Understand and operate in line with the business risk management framework.
- Participate actively in product risk review exercises and provide input where necessary.
- Mitigate operational risk and perform diligent risk event monitoring and reporting.
- Contribute to minimizing department costs with smart working methods and identify revenue opportunities.
- Ensure all activities comply with regulatory requirements, the Enterprise Wide Risk Management Framework, and internal Absa Policies and Policy Standards.
6. Minimum Requirements
- Diploma or B-Commerce degree.
- 3 years of experience in a securities services business.
- Risk management skills.
- Operational efficiency and organizational skills.
- Stakeholder management skills and knowledge of financial markets.
- Competencies in adapting to change, coping with pressures, deciding action, delivering results, and working with people.
7. Preferred Skills / Nice-to-Haves
- Additional certifications or advanced degrees: Not specified by employer.
- Specialized software proficiencies beyond standard securities systems: Not specified by employer.
8. Salary & Benefits
Salary figures and detailed benefit packages are not specified by employer in the official posting. Candidates researching how to apply for Custody Operations Officer at Absa should note that compensation discussions typically occur during later interview stages based on qualifications.
9. Location & Work Arrangement
The position is based in Ebene. Work arrangement is structured as a hybrid model, blending remote flexibility with on-site responsibilities.
10. Application Process
- Navigate to the official job posting via the My Career Development Portal.
- Click the red “Apply” button at the top of the vacancy page.
- Sign in or register an account using reference number R-15991274.
- Complete the online application form and submit your candidate details before the cutoff date.
11. Required Documents
- Curriculum Vitae (CV): Not specified by employer (standard application requirement assumed).
- Supporting educational certificates: Not specified by employer.
12. Important Notes / Deadlines
Deadline: October 10, 2026. Applicants have 12 days left to apply from the posting date. All activities must strictly comply with internal Absa policies, regulatory mandates, and the Enterprise Wide Risk Management Framework.
13. FAQs
- What are the basic educational requirements for this role? Applicants should possess a Diploma or B-Commerce degree alongside relevant industry experience.
- Is experience required to apply? Yes, candidates need 3 years of experience in a securities services business.
- What is the exact deadline to submit applications? The application window closes on October 10, 2026.
- How can I check my application status? Status updates can be tracked directly through the candidate profile on the My Career Development Portal.
- Is this position remote? The role features a hybrid work arrangement located in Ebene.
- What is the salary for the Custody Operations Officer role? The salary is not specified by employer in the listing.
- What reference number should I use for tracking? The vacancy reference number is R-15991274.
Conclusion
Reviewing Absa careers 2026 opportunities helps candidates align their profiles with leading banking standards.
