Innovation Powered | People Inspired The Catalyst Group is a tech-focused financial services organization that is creating a spark in a one-dimensional industry. Founded in the Cayman Islands in 2020, Catalyst is a privately owned and fully independent group. We have offices and teams in 5 countries, servicing a global portfolio of clients with a wide range of strategies, structures, and requirements.
Catalyst was founded with a clear mission to reimagine financial services by sparking innovation, harnessing technology, and investing in our people and our communities.
In support of that mission, we have built an award-winning team of highly skilled, innovative, and client-centric individuals that are enabled with best-in-class technology to provide a platform that is unlike anything else in the industry.
Catalyst is a values-driven organization. We challenge our people to think and operate in accordance with a set of core values: Collaboration, Innovation, Reliability & Accountability, Connected Culture, Undivided Attention, Integrity, and Transparency. These values are part of our DNA; they are the principles that guide everything that we do.
Core Details and Responsibilities This role is based in our office in Cape Town, South Africa. As an Analyst - Fund Administration (Reconciliations) - Hedge Daily Fund Administration - Reconciliation, you will report to the Associate Director - Fund Administration (Reconciliations) - Hedge Daily Fund Administration - Reconciliations.
The Analyst - Fund Administration (Reconciliations) - Hedge Daily Fund Administration - Reconciliation will play a critical role in the reconciliation and data management processes for a diverse range of client funds, ensuring accuracy and compliance in all deliverables. This position requires a strong analytical mindset, excellent communication skills, and the ability to work collaboratively across teams to enhance operational efficiency and client service excellence.
Responsibilities Reconciliation Management Data Management and Process Improvement Communication and Client Interaction Quality Assurance Continuous Improvement and Cross-Functional Coordination Risk and Compliance Responsibilities Your Daily Tasks The following are the tasks linked to the Core Responsibilities that will be expected as part of this role:
1. Reconciliation Management Includes (but not limited to) the following tasks: Conduct comprehensive wholesale and fund-specific reconciliations, ensuring full reconciliation of all cash, positions, interest, and dividends against manager, broker, and other external sources. Produce the daily, weekly, and monthly reconciliation processes for hedge funds, ensuring accuracy and adherence to established procedures. Ad hoc duties that may be assigned from time to time. 2. Data Management and Process Improvement Includes (but are not limited to) the following tasks: Manage data entry, monitoring, and exception clearing for trade, price, security, and corporate action data in portfolio systems. Standardize data from multiple sources into a consistent format for accurate comparison and analysis. Manage the static data, ensuring data integrity and accuracy within portfolio systems to ensure break resolution. Identify opportunities for process enhancements and automation within the reconciliation workflow to drive operational efficiency. 3. Communication and Client Interaction Includes (but are not limited to) the following tasks: Serve as the main point of contact for reconciliation matters, addressing queries from North and South American offices, and collaborating with NAV leaders and managers. Deliver regular reports and updates on reconciliation status, issues, and trends to stakeholders and clients as required. Work closely with clients to understand their needs and provide tailored solutions. 4. Quality Assurance Includes (but are not limited to) the following tasks: Perform valuation quality assurance reviews to ensure consistent quality of output. Ensuring accuracy, timeliness, and reliability of reconciliations, as well as maintaining compliance with industry standards. 5. Continuous Improvement and Cross-Functional Coordination Includes (but are not limited to) the following tasks: Maintain awareness of industry, regulatory, and jurisdictional trends that could impact the business. Develop expertise in Advent Geneva Portfolio and General Ledger modules, as well as Xceptor, to enhance operational capabilities. Collaborate with operations staff, project managers, and implementation teams to ensure seamless integration of new processes and systems. 6. Risk and Compliance Responsibilities Includes (but not limited to) the following tasks: Ensure compliance with internal controls and external regulatory requirements, contributing to a culture of quality and operational excellence. Collaborate with the Internal Governance team to maintain compliance with change controls and internal quality assurance processes. Compliance Tasks: Perform routine compliance checks and adhere to company risk and compliance processes and policies. Record Keeping: Maintain organized records of compliance documents and reports. Assistance in Audits: Provide support during internal audits and compliance reviews. Learning and Development: Engage in learning opportunities to understand compliance principles and regulations. Additional Strategic Expectations Share insights to enable development of new processes and procedures that will create business efficiency and support delivery of client excellence in service. Maintain awareness of industry, regulatory, jurisdictional, and other trends that could affect the business. Collaborate cross-functionally with operations staff, business users, project, and implementation managers to achieve desired and elegant solutions. Required Skills & Experience Are you getting excited? We are! Before we get too carried away, there are a few requirements you'll need to check off before you can apply for the position:
A Bachelor's degree / Diploma in Accounting, Business Administration, Economics or Finance or similar field Newly Qualified Graduate 1-2 years of experience in fund administration with a focus on reconciliations, preferably within the hedge fund industry would be advantageous Ability to communicate (high standard of speaking and writing) in English, Portuguese will be advantageous Proficiency with reconciliation software and fund accounting systems would be advantageous Advanced Excel skills and familiarity with SQL or other data analysis tools
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