Specialist

2 weeks ago


Cape Town, South Africa Allan Gray Full time

**Responsibilities**:

- Calculating the daily NAV of the Unit Trust, Pooled Products, Mutual Funds and Multi Manager Products
- Daily expense and income accruals
- Understanding the mechanism of financial instruments within a portfolio
- Good understating of corporate actions and the impact on the NAV
- Daily monitoring of cash balances
- Daily bank reconciliations of funds and investigating any recon breaks timeously
- Accurate capturing of foreign and local payments to trustees, custodians and third parties
- Maintaining cash positions and margin accounts.
- Calculation of derivatives and valuation of them
- Accurate calculation of monthly service fees
- Accurate calculation of benchmarks and understanding how the benchmark performance impacts the performance of the funds Understanding of the performance fee calculation
- Understand the difference between capital and income components
- Daily NAV verification and validation checks on funds and assessing if price variances are within an accepted tolerance level Disseminating of daily NAV's to the market
- Understanding the impact of pricing errors and calculating materiality of the error
- Daily and monthly scrip reconciliations
- Review outputs of pricing process to identify all exceptions and anomalies and how the system can be enhanced Documenting and enhancing processes
- Monitoring and performing periodic income distribution calculation and checks
- Assist with asset transfers across all platforms
- Preparation and assistance with year-end audits and auditors' requests
- Communicating and answering any queries on the funds from internal and external stakeholders
- Meeting client deadlines in terms of various service level agreements with stakeholders

**Experience and Qualifications**:

- BSc or BCom, with at least 1-year mathematics, statistics or accounting.
- 2 years' experience at a financial institution
- UT, Life or Bermuda fund/product knowledge is advantageous.

**Competencies**:

- Strong Excel skills
- High level of attention to detail and accuracy
- Deadline driven and has good time management skills
- Excellent organizational skills
- Results Orientated
- Works well in a pressurized environment
- Good verbal and written communication skills
- Self-motivated, determined, and resilient
- A 'self-starter': Someone who takes initiative and is proactive
- Analytically minded and has the innate ability to problem solve and make decisions when needed
- Should be able to work flexible hours if required to do so

**Location**:

- Cape Town**Closing Date**:

- 29 August 2023



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