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Asset Management Administrator
1 day ago
**Job Information**:
Job Opening ID
ZR_1587_JOB
Hours of work
Full-time
Location Type
In Office
Industry
Financial Services
Salary
R18 000 - R25 000
Remuneration Term
Per Month
Province
Gauteng
City
Sandton
Country
South Africa
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**Responsibilities**:
Monitor Liquidity within Life Portfolios and CIS Funds:
- Regularly assess and track liquidity levels in Life portfolios and Collective Investment Scheme (CIS) funds.
- Implement strategies to ensure optimal liquidity management.
Rebalance Life Portfolios:
- Analyse portfolio liquidity and make adjustments to maintain desired asset allocations.
- Ensure compliance with investment policies and regulatory requirements.
Send CIS Trade Instructions to Brokerage:
- Coordinate and communicate trade instructions for CIS funds with the brokerage.
- Ensure timely and accurate execution of trades.
Monitor Daily Portfolio and Fund Performance:
- Conduct daily monitoring of portfolio and fund performance.
- Identify and address any anomalies or deviations from established benchmarks.
Update and Monitor Accruals in Portfolios:
- Maintain accurate accrual records for portfolios.
- Regularly reconcile and verify accrual data.
Compliance Reporting (Reg. 28 and SARB Reporting):
- Prepare and submit regulatory compliance reports, including Reg. 28 and South African Reserve Bank (SARB) reporting.
- Stay abreast of regulatory changes and ensure adherence to compliance requirements.
Preparing Month-End Reports:
- Compile and generate month-end reports for internal and external stakeholders.
- Provide insightful analysis and commentary on portfolio and fund performance.
Team Support:
- Collaborate with team members and assist in various tasks or projects as needed.
- Maintain open communication and a cooperative working environment.
**Requirements**:
- Bachelor of Commerce in Finance, or equivalent
- Previous administrative experience in a financial services organisation advantageous
- Strong organisational and interpersonal skills are required
- Attention to detail
- Excellent problem-solving skills
- Intermediate Excel skills
- Deadline-driven with the ability to work under pressure
- Must be able to adapt to a changing and dynamic environment
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