Job Description

Closing Date 2024/03/19
Reference Number MMH240308-3
Job Title Implementation Specialist
Position Type Permanent
Role Family Investments
Cluster Momentum Investments
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at www.momentummetropolitan.co.za.
Role Purpose

Co-ordinate and support the investment decision implementation and client and investment manager take on and termination processes, ensuring delivery of key business practices, processes and procedures and use of best-practice methodologies as required from a MML Group Reporting perspective.
Requirements

• 5+ years relevant industry experience of which at least 2 years is in an implementation role.
• Relevant financial/investment qualification preferably B-Commerce
• Preferred experience within a multi manager environment and exposure to a Long-term.
• Insurer or asset management/investment industry.
• Understanding of investment assets and different legal structures around investment asset acquisition.
• Exposure to portfolio construction, analysis, and multi-asset management allocation.
• Global investment experience is an advantage.
• Working knowledge of Interlink reporting tool will be advantageous..
• Excellent operational systems experience.
• Advanced Excel/Power Pivot, Microsoft Power BI skills will be advantageous.

Duties & Responsibilities

Provide investment research and analysis to support the investment process (Internal Process):

• Transition Management activities as required by MML Group Reporting, MCI and Momentum Investments team.
• Portfolio Review and Rebalancing execution as instructed by MI and Product Owners.
• Portfolio Restructuring executions as instructed by MI, MCI,MML.
• Supporting, executing and co-ordinating client take-on, client disinvestment and rebalancing activities including but not limited to in specie transfers.
• Day-to-day process co-ordination and execution with may involve pre-trading, rebalancing, cash management and oversight of investment administration service provider (Maitland).
• Understand and manage the liquidity and trading constraints within the constructed portfolios, building blocks and / or managed funds where applicable in support of Momentum Investments' capability.
• Responsible for co-ordinating various implementation/portfolio execution activities being performed in different areas within the business as it impacts Interlink and Lighthouse and related MML Group and MCI reporting, applications and processes.
• Daily monitoring of cash flows; allocations according to pre-defined mandates; liaison with portfolio managers to manage cash availability; portfolio target weights and breaches if required.
• Provide technical advice and expertise regarding portfolio construction and fee implementation to support internal stakeholders including but not limited to creating new Interlink and related MML Group reporting application static.
• Implementation support for the OBI Multi-Management / Multi-Asset portfolio management and Admin Only capability:

• Formalised link between above capability and the reporting tool (Interlink).
• Maintain mandate targets as provided by the mandate owners and Momentum Investments. o Ensure proper and effective communication in place between all stakeholders.
• Design and implement sufficient processes and controls to ensure funds are rebalanced according to instruction.
• Ensure asset allocation views are implemented and aligned according to client/portfolio resolutions received and instructed by mandate owners and Momentum Investments.
• Define and drive efficiency in processes, policies, and systems, ensuring effective implementation of the overall investment decision.
• Build & maintain relationships with all stakeholders within MML Group Finance, MCI and Momentum Investments.Understand their queries and the impact an issue has on their function/process, manage their expectations and consider changes to avoid a reoccurrence.
• Also understand their process and operational requirements e.g., how improved operational process can support the investment process.
• Give input into the establishment and implementation of a risk management framework within area of accountability and ensure adherence to policy.
• Co-ordinate / assist with various strategic initiatives within Momentum Investment, MML and MCI.
• Continually review and update operational processes and documentation to reduce risk and improve efficiency.
• Maintain a broad industry, product, and process knowledge, enhancing performance within own function.

Competencies

• Strategic thinking
• Client/ Stakeholder Commitment
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Excellent interpersonal skills (team player)
• Self-starter who shows initiative and assumes responsibility
• Can work under pressure
• Deadline driven
• Results orientated
• Excellent problem-solving ability

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan