Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.
What will you do?
The Fund Operations Consultant will be responsible for all the administrative, operational and reporting tasks for the Glacier MANCO and Glacier Consulting.
What will make you successful in this role?
The following outcomes will be expected to be achieved by the Fund Operation Consultant:
Glacier Manco
- Facilitate and assist with all operational requirements in relation to our Manco
- Coordinating the launch, merger and closure of funds and all other investor related activities
- Setup and maintain relations with administrators, platforms, and management companies
- Assist with loading the fund on internal and external platforms
- Setting up and reviewing service level agreements between relevant stakeholders
- Review daily Manco liquidity warnings
- Assisting with preparation of the fund fact sheets
- Setting up and updating management reports
- Responsible for the quarterly Manco meetings, for example updating and distribution of management reports
- Distribution of monthly/quarterly Manco fund information to the relevant stakeholders (TERs Fees etc.)
- Provide support to our Manco sales representative
- Ad-hoc queries(internal/external) and reporting on fund growth
- Provide general operational and administrative support to Glacier Consulting
- Assist with the operational implementation of discretionary fund management, including loading, amendment and rebalance
- Run monthly fund fact sheets on Morningstar
- Onboarding and creation of investment guidelines for new CAT II clients (loading the wraps on the platform and client mandates)
- Distributing investment committee packs for Namibian clients
- Fund approval allocations
- Request asset allocations from asset managers (RSA and Namibia) on a quarterly basis
- Ad-hoc queries
- Completed Bachelors degree in commerce or related field essential
- 3 years Asset Management administration and/or Unit trust pricing experience
- Unit trust fund and MANCO accounting experience would be beneficial
- Previous experience within an asset management operations function would be advantageous
- Computer skills: MS EXCEL, MS WORD, MS POWERPOINT (Advance) & Morningstar Direct
- Client focus
- Cultivates innovation
- Collaborates
- Being resilient
- Drive results
- Ability to deal with complexity and ambiguity
- Ability and willingness to lead
- Works well in a team environment but also can function independently
- Analytical thinking and problem solving
- Attention to detail
- Proven decision-making skills
- Strong numerical skills
- Positive, enthusiastic attitude
- Good team player
- Ability to work under pressure
- Honesty, integrity and respect
- Self-motivated and self-confident
BCom with 3 years experience
Degree with 3 to 4 years related experience
Knowledge And Skills
Processing transactions and conduct simple calculations
Record keeping; filing and maintenance of databases
Maintain work standards and quality verification
Data Collection and processing of transactions
Procedures Knowledge
Personal Attributes
Plans and aligns - Contributing independently
Interpersonal savvy - Contributing independently
Communicates effectively - Contributing independently
Optimises work processes - Contributing independently
Build a successful career with us
Were all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
Core Competencies
Being resilient - Contributing independently
Collaborates - Contributing independently
Cultivates innovation - Contributing independently
Customer focus - Contributing independently
Drives results - Contributing independently
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Closing Date: 20 October 2023
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
