Trade Implementation Specialist (FTC) 5 months at Sanlam Group

Objective of the role:

The Trade Implementation Specialist implements Manager trades regarding the SCI Fund of Funds and SPW Global High Quality Feeder Fund. This includes instructing the pricing house on new trades, monitoring trade errors, and actively addressing them with the Manager and Administrator. Perform oversight of documentation prepared by the Managers. This job description is intended as a guide to reflect the principal functions of the job. However, it is not an all-inclusive listing of the required job functions which are subject to change at the discretion of management.

Key responsibilities?

• Trade Implementation:
• Manage Trade instructions;
• Instruct pricing house on new trades;
• Prepare trade templates and instruct for Ginsburg/SPW Funds;
• Review and assist with trade dealing forms for Managers;
• Provide trade details to the administrator to update Hiport;
• Prepare static data for new accounts to be loaded;
• Open new investment accounts;
• Maintain a register of full company name, company registration number and relevant authorised signatories who have access to these investment accounts; 
• Prepare and courier documents;
• Monitor trade errors until resolution;
• Monitor and address reconciliation items.

Reporting:

• Produce daily and ad hoc trade reports;
• Submit offshore bank balance statements to managers on request;
• Track and distribute statements daily to administrators and trustees.

General:

• Primary liaison with Managers for rejected trades, missing static data, and outstanding statements;
• Primary liaison with Trustees on Manager queries;
• Liaise with different Mancos on account requirements.

Minimum requirements:

• BCom Finance or similar Degree from an accredited University 
• At least 1-4 years asset management experience 
• Operations exposure in “middle office” role in Financial Services would be beneficial
• Unit Trust exposure (highly beneficial)