Fund Administrator

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.