Reference Number MMH250220-8
Job Title Senior Specialist: Operations
Position Type Permanent
Role Family Investments
Cluster Group Finance
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Introduction
Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.
We are dedicated to rehumanising every interaction with our clients, stakeholders, communities, and society. At the heart of this commitment is our understanding that we are a business with heart. By infusing genuine care into every action and word, we demonstrate our unwavering value for our communities, stakeholders, and society.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
To perform and improve daily and monthly functions that enables the GIS Unitization and Financial reporting functions.
Requirements
- Relevant financial/investment qualification preferably B-Commerce or equivalent
- 10 to 15 years experience in an Investment Administration (asset management and/or multi-management and / or LISP) environment)
- Providing support to functional areas in GIS being Technical IFRS reporting, Technical Operations and Technical Solutions
- To continually review and update operational processes and documentation to reduce risk and improve efficiency
- Continually strive for automation where possible and drive / initiate development interventions as is necessary
- Understand queries and the impact an issue has on function/process, manage expectations and consider changes to avoid reoccurrence (root cause analysis)
- Understand process and operational requirements e.g. how improved operational process can support the Momentum Group financial reporting processes
- Collaborate in all efficiency drives in processes, policies and systems, ensuring effective implementation of the life fund unitization processes
- Assist with various strategic initiatives within Group Finance Reporting
- Day-to-day process co-ordination and execution which involves Client cash flow instruction, multi-portfolio manager instructions and Life business segment transactions
- Execute all Daily Integrity and Validation checks to ensure Interlink unitization system experiences no day end failures
- Review and resolve all daily transaction errors to ensure appropriate Client investment and disinvestment processing
- Review and appropriately execute policyholder accrual payments as part of large withdrawals including CGT, Management Fees and Income Tax
- Monitor and resolve investment operations cash breaks
- Monitor behaviour of Clients administrators to identify and report suspicious behaviour to Risk department
- Ensure all daily functions pertaining to Client and Fund manager banking are performed in a timely and accurate manner
- Ensure all daily functions pertaining to Interlink unitization functions are performed with accuracy and in a timely manner
- Analytical Thinking
- Solutions Thinking
- Systems Thinking
- Verbal and Written Communication
- Commercial and Financial Acumen
- Knowledge Sharing
- Building Relationships
- Teamwork
- Drive and Results Orientation
- Resilience and Stress Management
- Time and Self-Management
- Developing People
- Leadership Commitment
