Job Description

Introduction

Through our client-facing brands and our other specialist brands, Momentum 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 Group provides practical financial solutions for people, communities and businesses.

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Provide guidance and instruction to team members responsible for supporting 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. This includes delegation of work, overseeing progress towards goals/deadlines and coaching team members as needed.

Requirements

Qualifications, Experience and Knowledge

3-5years relevant industry experience, of which at least 3 years is in an implementation role.
Experience in managing a team of professionals.
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

Portfolio Implementation & Transition Management

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 which 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.

Operational Co-ordination & Process Management

Responsible for co-ordinating various different 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 in order 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.
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.

Stakeholder Engagement & Relationship Management

Build and 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.
Understand their process and operational requirements e.g. how improved operational process can support the investment process.

Risk Management & Continuous Improvement

Give input into the establishment and implementation of a risk management framework within area of accountability and ensure adherence to policy.
Co-ordinate and assist with various strategic initiatives within Momentum Investments, MML and MCI.
Continually review and update operational processes and documentation to reduce risk and improve efficiency.

Leadership & Team Management

Lead, motivate, and develop a high-performing team responsible for administering a diverse portfolio of investment products.
Manage team performance, providing coaching, feedback, and development plans to ensure continuous growth and achievement of business objectives.
Foster a culture of collaboration, accountability, and continuous improvement within the team.
Ensure clear communication of goals, priorities, and deadlines to the team.
Identify skill gaps and coordinate relevant training and development initiatives.

Competencies

Competencies and Skills

Business Acumen
Motivating and Inspiring Team
Leads Change and Innovation
Self-Awareness and Insight
Excellent interpersonal skills (team player)
Can work under pressure
Deadline driven
Results orientated
Excellent problem-solving ability
* Strong attention to detail