Job Description

A high calibre wealth management team is searching for a financially savvy Operational Funds Project Specialist to bolster their team.
Qualification and experience

• B Com/ Honours degree/ Post Graduate Diploma in Finance
• Industry experience requirement Financial Services: 5 years experience with Fund Operations, Asset Management operations
• Experience in collective investment scheme, fund operations and portfolio administration
• Project experience required
• Compliance and regulatory experience and insight is preferable.
• Excel and Bloomberg
• LISP experience will be an advantage

Key responsibilities and accountabilities included but not be limited to: Project development, implementation & maintenance assistance

• To assist in the implementation of the company collective investments strategy to deliver and promote the companys investment management funds and solutions, in line with business objectives
• To be able to have a clear understanding of system flows, architecture, and markets to identify and resolve process breakdowns, exceptions and troubleshooting
• To assist in the development of new solutions, or changes to existing solutions and strategies in conjunction with the business.
• To be able to assist the Manager in launching new funds, portfolios and enhancements to existing fund and portfolios structures
• To assist in streamlining processes and unlocking efficiencies. Actively assessing /questioning the relevance of current processes and driving improvements of processes in the operations team and across the business where required
• Support the business in operational considerations of any related regulatory changes and partnering with other members to ensure execution of changes is achieved
• To ensure that all systems are appropriate and that they are effectively implemented and utilised.
• To be able to identify the need for further resources required to develop and maintain existing and new systems.
• To assist with the effective implementation of new products and processes.
• Ensure that operations infrastructure and hardware is appropriate
• Review the business processes that you will fulfil and see whether they are appropriate, current, suitably maintained and documented
• Providing inputs, QA and sign-off of specifications, documents and processes within agreed deadlines.

Operational functions

• Assist with the day-to-day operational functions within Fund Operations, data administration, and product administration.
• Ensure operational functions are performed within the turnaround times
• Assist with Fund trade execution and monitoring (full trade and settlement cycle)
• Assisting as required in ensuring compliance (pre/post trade compliance)
• Valuation and pricing verification (Bloomberg reconciliation process)
• TER calculations
• Corporate action flow
• Cash management
• Execution of checklist functions
• Maintain supplemental deeds, ASISA mandates and other fund related documents
• Responsible for all account opening and maintenance
• Implementation of agreements and dealing terms with managers and providers
• To assist with the fund audit process (liaison between administrator, custodian, auditors and Manco)
• Ensure that data integrity exception reports are managed
• Give regular feedback to management and head of operations
• Assist the team with Incident reporting and management
• Assist with Operational Due Diligences and carrying out duties to identify risks related to institutions and investment related risks.

Relationship building

• Build and maintain relationships with internal teams and service providers such as
  • CAM
  • H4 Manco
  • Legal, Compliance and Internal Audit
  • Actuarial support
  • IT
  • PAS

• Build and Maintain relationships with external service providers such as

• Regulatory and industry bodies such as the FSCA and ASISA
• Banks, Custodians and Trustees
• Fund Administrators
• Brokers (bonds, equities, derivatives, money market, etc)
• System and platform providers (Bloomberg, Morningstar, Profile Media, etc)

Rewarding and competitive salary. Position is based in the teams Claremont offices #inofficerole APPLY TODAY.