Trading Allocator | Investment Team | Trading at Allan Gray Proprietary Limited

Job Description

• Daily allocation of trades to portfolios and trading related administration.

Responsibilities

•  Implementation of portfolio manager investment decisions across the different mandate groups.
•  Monitor client asset allocation and individual security positions relative to given targets and suggest corrective trades to traders.
•  Obtain a detailed knowledge of each client’s investment mandate as well as all regulatory limits applicable to those clients.
•  Monitoring client portfolio controls as contained in investment parameters, internal investment controls and any client specific requests to prevent transgressions. 
•  Monitor client compliance with their individual investment management agreement (PMA), all relevant regulatory limits as well as the Allan Gray internal investment policy.
•  Investigate and resolve any client compliance issues raised by the Investment Guidelines team.
•  Construct new portfolios and rebalance portfolios where big deposits/withdrawals have occurred, or the client has requested a change in mandate.
•  Monitor the settlement of all equity trades daily and investigate any potential settlement issues by liaising with the traders, settlements team and brokers.
•  Upload and check the equity trades for the traders.
•  Prepare Morning Meeting presentation.
•  Compile various reports used in the trading and allocation decisions making process.
•  Prepare ad hoc reports required by Traders and Portfolio Managers 
•  Assist with end of day trade booking and ensure successful integration to the back-office system.

Qualifications and Experience

•  B.Com (Accounting, Actuarial, Economics, Finance, Statistics), B.Bus.Sc (Accounting, Actuarial, Economics,Finance, Quantitative Techniques), B.Econ.Sc (Finance, Actuarial) or similar 
•  Previous experience in back office, middle office or investment operations will be beneficial.

Competencies and Skills

•  High attention to detail 
•  Self-starter
•  Strong numeracy skills 
•  Good communication skills
•  Systematic and organized.
•  Deadline driven.
•  Works well under pressure.
•  Accurate 
•  Microsoft Excel skills 
•  Operate independently as well as within a team.
•  Energetic
•  Ability to prioritise effectively.
•  Working Hours: 07:45am to 17.45pm 

 
Motivation (Attach your answers in PDF format)

•  Motivate why you are the best person for the position.
•  Please describe what you understand under the role Trading allocator.
•  Please state which aspect of the roll enticed you most to apply.