Senior Manager Operations

4 weeks ago

Cape Town, South Africa Group Finance Full time

**Introduction**
- Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.We are dedicated to rehumanising every interaction with our clients, stakeholders, communities, and society. At the heart of this commitment is our understanding that we are a business with heart. By infusing genuine care into every action and word, we demonstrate our unwavering value for our communities, stakeholders, and society.

**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**
- To manage and perform oversight functions within the current GIS Unitisation Team. Ensuring that daily functions are performed accurately and within set timeframes.**Requirements**:

- Relevant financial/investment qualification preferably B-Commerce or equivalent
- 10 to 15 years’ experience in an Investment Administration (asset management and/or multi-management and / or LISP) environment)
- 5 to 8 years people management experience

**Duties & Responsibilities**
- Providing support to functional areas in GIS being Technical IFRS reporting, Technical Operations and Technical Solutions
- To continually review and update operational processes and documentation to reduce risk and improve efficiency
- Continually strive for automation where possible and drive / initiate development interventions as is necessary
- Understand queries and the impact an issue has on function/process, manage expectations and consider changes to avoid reoccurrence (root cause analysis)
- Understand process and operational requirements e.g. how improved operational process can support the MMH group financial reporting processes
- Define and drive efficiency in processes, policies and systems, ensuring effective implementation of the life fund unitisation processes
- Co-ordinate / assist with various strategic initiatives within Group Finance Reporting
- Ensure achievement of team and own performance objectives
- Design appropriate statistical measures used to indicate quality of operational processes
- Day-to-day process co-ordination and execution which involves Client cash flow instruction, multi-portfolio manager instructions and Life business segment transactions
- Monitor and resolve investment operations cash breaks
- Monitor behaviour of Client’s adminstrators to identify and report suspicious behaviour to Risk department
- Oversee the adherence of pay away timelines, as well as oversee and manage Fund Manager Deposit timelines

**Competencies**
- Analytical Thinking
- Solutions Thinking
- Systems Thinking
- Verbal and Written Communication
- Commercial and Financial Acumen
- Knowledge Sharing
- Building Relationships
- Teamwork
- Drive and Results Orientation
- Resilience and Stress Management
- Time and Self Management
- Developing People
- Leadership Commitment

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