Custody Analyst

Full Time3 hours ago
Employment Information

About the Group

Absa Bank Uganda Limited is a member of Absa consortium Limited, a consortium of African financial services companies that wants to be the pride of the continent.

Absa Group Limited is one of Africa's largest diversified financial services firms. It is listed on the JSE in South Africa and has offices in 12 countries throughout the continent with about 42,000 people.

Absa Bank Uganda Limited is a well-known and forward-thinking bank that offers a full range of banking services to help people and businesses grow the economy and improve their communities.

The bank has become well-known for being the best in its field, having a strong dedication to quality, and having high ethical standards. Its purpose is to provide excellent financial services and build long-lasting connections with customers.

Absa Bank Uganda Limited has grown from a small bank to a key player in Uganda's banking industry. The company has a dynamic work culture that encourages diversity, constant learning, and employee empowerment through competitive perks, flexible work arrangements, and plenty of career prospects.

The bank has a wide reach and strong presence in the area because to its modern business model and cutting-edge technology. Its basic values are integrity, innovation, and putting the customer first.

It shows its commitment to corporate social responsibility by actively supporting community projects, educational activities, and efforts to protect the environment.

Visit Company Website for more details.

Role Overview

Title of Job: Custody Analyst

Organization: ABSA Bank Uganda

Location of Duty: Kampala, Uganda

Job Summary: The Custody Analyst makes ensuring that securities transactions and investment instructions are processed correctly and on schedule. The job includes keeping client assets safe and reconciling them across both physical and electronic custody platforms, keeping an eye on settlement activities to make sure they follow market deadlines, and lowering operational risk. The analyst talks to custodians, depositories, fund managers, and internal teams to fix problems and help with client service. The job makes sure that regulatory and internal control standards are met and helps custodial procedures, systems, and client experience get better all the time.

Duties, Roles, and Tasks

Internal Business Processes and Operations
  • Get instructions from clients and fund managers through email or SWIFT, and then follow them out, including call-backs and signature checks.
  • Handle withdrawals, benefit payments, and fixed income investments in both the primary and secondary markets.
  • Keep precise records of where your physical and digital assets are stored.
  • Handle business acts like dividends, interest, and rights concerns.
  • Report and keep track of failed trades as soon as possible.
  • Make sure that billing and getting money back happen on schedule.
Service to Clients
  • Make sure that client statements, transaction reports, and asset summaries are correct.
  • Follow SLAs for client questions, instructions, and service requests.
  • Keep an eye on how well service providers are doing (for example, sub-custodians).
  • Help new clients and assets get set up in custody systems.
  • Answer client questions within 24 hours or according to the SLA, and keep following up until the issue is resolved.
  • Give the Trustee meetings market information and write reports for them.
  • Send in regulatory information on time and in the right way.
Reporting and Reconciliation
  • Do daily cash and securities reconciliations with depositories and sub-custodians.
  • Look into and fix reconciliation breaks within set time frames.
  • Keep safe and verifiable records of all communications and acts with clients.
Following the Rules and Managing Risk
  • Make sure that all rules and regulations are followed, both inside and outside the company.
  • Make sure that regulatory returns are prepared and sent to CMA and URBRA on time and correctly.
  • Follow established processes to keep operational losses to a minimum.
  • Use maker-checker controls throughout the custody process.
  • Find and report risk occurrences and incidents that are important to the role.

Requirements, Education, and Skills

Education:

  • A degree from a recognized university in a field linked to business.
  • CMA Securities Certification: Having CISI certification is a plus.

Experience:

  • At least three years of relevant expertise in detention operations and servicing.
  • Experience with regional and domestic settlement operations and SWIFT messaging.
  • Understanding of settlement markets, business actions, fund management, and reference data.

Skills and Abilities:

  • Good in figuring things out and solving problems.
  • Great in working with clients and getting along with others.
  • Good communication abilities, both spoken and written.
  • Being good with MS Office (Word, Excel, Access, and PowerPoint).
  • Being familiar with the Bancs system is a plus.
  • A strong focus on details and serving customers.
  • Ability to work under pressure and understand rules and regulations.

Risk & Compliance Focus: Strong emphasis on regulatory adherence, operational risk mitigation, and maker-checker controls.

How to Apply

Deadline:November 20, 2025

All qualified and interested applicants who want to work with ABSA Group in the position described above should apply online by clicking the APPLY Button below.

Click Here to Apply Online 

Only shortlisted candidates will be contacted.

Ready to Protect and Optimize Client Assets?

Join ABSA Bank Uganda — where precision meets purpose in custody operations.

Apply Before 20 November 2025

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