Senior Administrator - Custody Reconciliations

Description

Summary of the position

The primary responsibility of this position is the accountability for the cash and scrip reconciliations and reporting for clients. The individual is responsible to ensure that tasks performed within the team are administered efficiently, accurately and within daily and monthly deadlines.

Outline Of Main Duties And Responsibilities

The Senior Administrator Custody Reconciliations will be responsible for the following:

Reconciliation Of Cash Accounts

• Reconcile the cash accounts on InvestOne to the bank account for settlement of trades, income, and expenses;
• Identifying all timing difference and valid reconciliations items;
• Communication and follow up of reconciliation items with internal and external clients.
• Resolution of reconciliation items.

Call Accounts

• Ensure that all transfers are processed correctly on InvestOne and confirmed with the counterparty;

Futures Administration

• Reconcile margin reports to Future instrument transaction on InvestOne;
• Distribute to relevant parties (Custodian / Client);
• Check booking fees and deals;
• Liaising with the client on corrections;
• Futures Administration Opening of accounts

Reconciliation Of Scrip Accounts

• Reconcile the scrip positions on InvestOne to the bank scrip depository accounts;
• Identifying all timing differences and valid reconciliations items;
• Communication and follow up of reconciliation items with internal and external clients;
• Resolution of reconciliation items;

General Duties

• Formulating/updating process documentation.
• Assisting where required on projects and client take-on;
• Assist junior team members with query resolution
• Maintaining relationships with internal and external clients;

Skills And Experience Required

The successful candidate will have:

• The position requires someone with a diploma or degree or relevant industry/Asset Management experience;
• Strong numerical and analytical skills;
• Attention to detail and structured work approach;
• Excellent communication skills, both written and verbal;
• Confident, enthusiastic, pro-active and able to work under pressure;
• Intermediate Excel skills.

Reporting structure

Senior Administrator Custody Reconciliations will report to the Team Leader Custody Reconciliations