Perform Fund and Portfolio administration including trade execution and reporting.
Minimum requirements:
BCom degree or equivalent.
2-3 years industry experience in Financial Services: Fund operations, Asset Management operations.
Experience in collective investment scheme and portfolio administration.
Experience in working with auditors.
Compliance experience and insight preferable.
Technical software:
Excel at an advanced level.
Bloomberg AIM would be a distinct advantage.
Morningstar, Fundamental, HIPORT and other fund/portfolio administration systems would be a distinct advantage.
Responsibilities:
Portfolio Reconciliation. Reconciling SA domiciled funds and portfolios on Bloomberg AIM making use of the BaseSigma as reconciliation tool, including but not limited to:
Daily FX margin adjustments.
Daily Cash Balance Recons (BDS/CCMS).
Daily Portfolio Recons to MAV.
Hand Pricing of Instruments (Weekly & adhoc).
Report generation & confirmations to CAM.
Processing Cash Transfer Instructions.
Monitoring Mutual Fund Trades on BBG console.
BaseSigma maintenance.
Corporate Action Processing.
Query Resolution.
Update data files for uploading.
Timely distribution. Communicate availability to the CAM/PMs.
Trade and General Portfolio Administration. Executing trades (all instrument types) & cash transfer instructions received from the investment team ensuring best and timely execution.
Monitoring compliance with investment guidelines.
Assist with the opening of accounts with newly appointed segregated/sub portfolio managers.
Providing general administration support to Asset Management and Administration Services, including:
Receive and confirm trades/cash transfer instructions.
Compile instruction for signoff where applicable.
Instruct and ensure receipt.
File and update trade register.
Update operational calendar with relevant pending trades.
Information gathering.
Opening of various accounts and account types.
Follow up with suppliers.
Regular feedback to manager.
Dealing with daily and adhoc queries.
Cash Management:
Monitor cash levels in Current accounts.
Monitor flows (inflows/outflows/transactions).
Place excess cash in Current accounts on Call with banks.
Withdraw from Call when required to ensure liquidity.
Ensure compliance at all times (Using Credit Rating & Compliance tool).
Open call accounts with new Banks.
Maintain active accounts & relationships with banks.
Calculations & Data Input: Perform TIC (TER + TC) Calculation Checks and submit via Finswitch, Money Market Rate Calculation and BBG Update:
Data sourcing & verification.
Populate TER Sheets.
Data verification and checking for reasonability.
Request sign-off.
Publish onto Finswitch.
#J-18808-Ljbffr
