Investment Administrator

2 weeks ago


Durban, South Africa Candidate Connect Full time

Rare opportunity to join an **Asset Manager **in **Durban **as an **Investment Administrator**.

This is an EE designated opportunity.

As part of the Operations team, some responsibilities include:
**Daily processing**:

- Checking all forms and supporting documentation have been received according to the relevant checklists
- Capturing and processing switch and/or repurchase instructions within the daily turnaround times
- Monitoring the bank reconciliation and following up on any outstanding funds
- Checking client signatures have been verified and all supporting documentation has been received and processed
- Calculating the profit and loss on any back-dated transactions

**Monthly Processing**:

- Checking and balancing the Debit Order process.
- Identifying rejected monthly income payments and debit orders and informing the Client Relationship Team.
- Checking Monthly Distribution and Early Income Payment Reports to ensure all clients’ required monthly incomes have been met.
- Balancing the Payments Schedule of all Financial Advisors' commission before commission payments are made.

**Reporting**:

- Sample Checking of the Daily Reporting and Welcome packs for clients and Financial Advisors.
- Drafting and sending correspondence to clients who are not compliant with Regulation 28 and monitoring these clients to ensure their asset allocations are changed / switched to be compliant within the legislated timelines
- Checking tax statements such as IT3b, IT3c, IRP5, IT3a and Contribution Certificates.



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