Job Vacancies at Apex Group

Summary of the position

• The primary responsibility of this position is the accountability for the cash and scrip reconciliations and reporting for Apex 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 Administrator – Custody Reconciliations will be responsible for the following:

Reconciliation of Cash Accounts:

• Reconcile the cash accounts on Invest One 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 Invest One and confirmed with the counterparty;

Futures administration:

• Reconcile margin reports to Future instrument transaction on Invest One;
• 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 Invest One 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:

• 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;
• Relevant industry/Asset Management experience;
• Relevant reconciliations 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.

go to method of application »

Summary of the position

The Administrator - Dealing and Settlements will be responsible for performing daily and monthly tasks of the dealing and settlement desk.

Outline of main duties and responsibilities

The Administrator -Dealing and Settlements will be expected to:

• To perform the duties of the dealing and settlement function as outlined by the operating processes around dealing and settlement of cash and off-market trade instructions.
• For cash instructions, prepare and ensure accurate and timely execution and authorization of:
• Cash related transactions for investor fund of fund subscriptions ;
• Cash related transactions for daily unit trust investments;
• Transfer of cash to flow with trading instructions;
• Payment of expenses;
• Third party cash transfers;
• All other Cash Administration payments (for example Capital Withdrawals/Deposits, Margin payments, Collateral payments, Expense payments, Forex payments, Fee payments, Swap interest payments)

(Cash transactions are done both manually and on on-line banking platforms)

• For trading transactions, on receipt of appropriate instructions; prepare, capture, and confirm trades and trade instructions. Ensuring accurate and timely execution and authorization of:
• Unit Trust investments and redemptions through Finswitch;
• Hedge fund of fund subscriptions and redemptions;
• To run an order book to ensure the above trades are done as well as to ensure appropriate follow up for confirmation legs of transactions;
• To ensure Apex Trust Services Operations is aware of risks and issues arising from the activities of the division through the appropriate Risk reporting framework.

Skills and experience required.

The successful candidate will have:

• Tertiary qualification and minimum 1-year applicable experience or 4 years operational experience;
• Excellent financial services process & product knowledge;
• Excellent knowledge of financial instruments;
• Experience on dealing activities;
• Good understanding of cash and trade instruction cycles;
• Good knowledge of systems and systems control environments;
• Good accounting and audit experience;
• Knowledge of risk management processes an advantage;
• Good communication, documentation and presentation skills;
• Be able to “think outside the box” and adapt to changing requirements;
• Be meticulous and have a high attention to detail;
• Be calm and stay focused in stressful/high pressured situations.

go to method of application »

Summary of the position

• The position involves the on-going real-time reconciliation of all the following systems, NX Manager, Invest One and Tax8 to ensure that data integrating between all three systems is valid, accurate and aligned.

Outline of main duties and responsibilities

The Administrator – Transaction processing will be expected to:

• Meet or exceed all client SLA requirements;
• Review system recons and controls and ensure alignment between all applicable system.
• Repair & resubmit client trades that failed to integration between NX Manager (Trading), Invest One (Accounting) and Tax8.
• Record statistics regarding recon exposures for risk management.
• End to end break management
• The successful applicant will be required to work an alternate night shift week.

Skills and experience required

The successful candidate will meet the following requirements:

• A B.Com or similar tertiary qualification;
• A good understanding of Financial Markets, instruments and systems;
• A good understanding of Asset Management front-office trading processes;
• A good understanding of Asset Management back office administration processes;
• An aptitude for working with systems;
• An above average IT technical back-ground with Knowledge of MS office & IT packages (particularly Excel);
• Software programming skills are an added benefit;
• Good Business Analysis experience is required;
• Excellent communication skills (written & verbal) are required;
• Self-motivated individual, with a passion to resolve queries;
• Able to work within a team environment;
• Confident & enthusiastic.