Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients' investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth.
This role is responsible for managing operational activities and processes related to broker and fee activities, and to perform reconciliations to the market as confirmed by the Investment Management Company while managing risk.
Key OutcomesMonthly fee reconciliation for broker commission.Administration of fee reconciliations timeously.Daily commission fees run from Compass.Exception reporting and investigation for fee anomalies.Monthly upload of global fees/perform conversions.Performing trail commission reconciliations and liaising with offshore MANCOs for quarterly statements.Perform daily reconciliations for transactions captured on the business system to those transacted in the market as confirmed by the investment managers.Identify exceptions or differences and liaise with investment managers and internal business teams to resolve.Reconcile transactions on the investment manager recon and submit to the line manager for sign-off.Prepare asset and liability report between client assets and Investment Management Company held by the investment management companies.Prepare stakeholder reports, i.e., Nomco and Board reports.Prepare market switches to clear AVL differences.Request investment management company statements to reconcile.Qualifications and ExperienceDiploma in Accounting / Finance Management or equivalent NQF level 5 (essential).3 - 4 years' experience in reconciliations and finance administration in a LISP environment.Client Focus.Drives Results.Adhering to Principles and Values.Highly Analytical.Planning and Organising.Following Instructions and Procedures.AttributesPositive, enthusiastic attitude.Teamwork.Ability to work under pressure.Honesty, integrity and respect.Self-starter and self-confidence.What Will Make You Successful in This Role?Grade 12 or Diploma with 3 to 4 years related experience.
Knowledge and SkillsGeneral Administrative Practices.Risk, debt, MI and budgeting.Logistical and events/meeting co-ordination.Client relationship management.Personal AttributesInterpersonal savvy - Contributing independently.Decision quality - Contributing independently.Action-oriented - Contributing independently.Optimises work processes - Contributing independently.Core CompetenciesCultivates innovation - Contributing independently.Customer focus - Contributing independently.Drives results - Contributing independently.Collaborates - Contributing independently.Being resilient - Contributing independently.Our Commitment to TransformationThe Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa.
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