About The Role
The position is a senior specialist role, responsible for a primary and key function within the business.
The successful candidate will be responsible for performing portfolio rebalancing and trade implementation functions.
The successful candidate will be responsible for asset classes and currency trade implementation and performs a number of monitoring and control functions related to portfolio positions, Including in the function are daily cash flow management, model implementation and rebalancing of individual portfolios to the models as well as being responsible for securities of master data management.
What will you do?
Performs all the necessary administrative tasks required in portfolios including: processing and reconciling asset transactions for all asset types and income in the portfolios, attending to client cash flows and related transactions and attending to all asset queries on the portfolio. Responsible for client liaison (generally query resolution related) and client reporting (checking monthly/quarterly statements). Responsible for monthly compliance monitoring and monthly script reconciliations. May supervise junior portfolio fund administrators. Includes operations management duties.
The responsibilities and key performance indicators (KPIs) for the role
- Compile, ensure correctness and distribute Asset Allocation sheets to the Portfolio Managers.
- Implement asset allocation, local equity, and foreign equity model decisions as and when required for Sanlam Investment Group Portfolio Managers.
- Manage cash flows (In/Out), asset transfers, corporate events, and dividends.
- Monitor and ensure compliance with guidelines on portfolios.
- Manage Data to ensure compatibility and integrity of portfolio data on Hiport vs NX and DSS by cross-checking asset values and fixing discrepancies.
- Implementation of Market, Unitized/Unit trust, FOREX, Derivative and Model trades.
- New Security & portfolio creations.
- Ad hoc tasks including verification of settlements, liaising with the back-office administrator and clearing holding differences.
- Actively looking at automating checks, capturing and reconciliation processes
The must-have and nice-to-have skills, qualifications, and experience for the role.
- 3-year degree/diploma in Finance or Accounting qualification
- 7 years experience in the finance industry
- Preferably specific experience in middle or back-office asset management
- Knowledge of portfolio and trade implementation, inclusive of Life Funds, Managed Funds and Unit Trusts
- Experience in process improvement and automation
- Technical (hands-on) understanding and experience in databases and business analysis.
- Strong Excel skills, including VBA programming.
- Knowledge of NxManager will be preferable.
- Financial instruments and pricing and valuation thereof
- Corporate actions and the effect thereof in instrument valuation
Portfolio fund administration
Create and execute Operations Management infrastructure including trend analysis for future efficiencies
Department operations and office management
Administration and processing of new and existing business
Client Communications
Personal Attributes
Plans and aligns - Contributing through others
Manages complexity - Contributing through others
Financial acumen - Contributing through others
Business insight - Contributing through others
Core Competencies
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
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.
