Senior Fund Administrator: Unit Trading - Northern Suburbs (Cape) at Curo Funds Service

Role purpose

• The Senior Fund Administrator will be responsible for the execution of trade processes and controls on Local or International Unit Trades. This includes processing of trades within the agreed deadlines, by ensuring data is accurate, timely and delivered in accordance with SLA requirements. Liaison with Internal teams, External Asset Managers, Clients and/or Counterparties to carry out these functions.

Requirements

Specific duties

Duties include but are not limited to:

• Processing of all transactions across all Unit Trade admin, Local and International trade support
• Accurate and timely updating of daily Unit trades on Hiportfolio, as well as monthly re-investment of income in compliance with client and market requirements, policies and procedures
• Action accurate and timely settlement instructions to Custodians, manually, as well as per online banking systems or instructing EFT team to action▪ Resolve any errors, queries and reconciliation discrepancies relating to Unit trades in a timely manner
• Monitor and action daily e-mail instructions received from Clients
• Update of Off market Unit Trade Interface sub system with required static data and completion of linking process with MANCO’s for new investment trades
• Perform key checks and end-of-day controls daily, including daily sign off of checklists
• Perform back-up functions for staff when needed
• Ensuring compliance with procedures, SLA’s and internal controls
• Assist in driving operational efficiencies by highlighting areas of improvement Third-party fund administration requires expertise.
• Escalate all issues, problems and concerns to manager timeously
• Perform ad hoc duties as requested by Manager

Education and Experience

• Thorough understanding and knowledge of the characteristics of all relevant financial instruments and market deadlines.
• Willingness to work overtime or a later shift if needed.
• Individual who can use initiative and take ownership of issues/problems.
• Highly developed analytical, technical and problem solving skills. 
• Strong organizational and interpersonal skills.
• Clear communicator (verbal & written).
• High degree of professionalism, ethics and integrity
• Good knowledge of Hi Portfolio an advantage.
• Good knowledge of Fin switch an advantage
• Proven ability to be a team player as well as an individual contributor.
• Have the ability to work under pressure.
• Control orientated and risk aware.
• Strong attention to detail.
• Tertiary qualification in commerce, finance or accounting
• Diploma or course in SA Financial Market Instruments will be an advantage
• At least 2 years operational experience within a Fixed Interest Area.