Senior Operations Consultant

3 weeks ago

Cape Town, South Africa Rory Mackie & Associates Full time

**Job Overview**:
This position is for a Senior Operations Consultant (Authoriser) to join our client’s retail operations in their Financial Services Linked Investment Services Provider (LISP) team. The role would entail quality review of work administered by our client’s Operations Consultants Team and its related retail products across Discretionary and Compulsory products.

**Responsibilities**:

- Perform quality review checks in line with legal and business requirements to adhere to SLAs
- Recording of all reworks of cases reviewed and declined as a result
- Engage in immediate remedial mechanisms for all declined cases with consultants and raise escalations timeously with leaders and Operational Support Service Recovery Team
- Engage timeously with Operational Support Team and Client Servicing Team for all service and administration failures
- Collaborate on improvement of systems and processes
- Support team leaders to execute objectives that are directly aligned to enhancing the culture and mission of the department
- Collaboration between the administration team and the Client Service Team
- Liaise and collaborate, via verbal and written communication, with external parties to obtain all the necessary documentation to fulfil objectives
- Maintain strong internal departmental relationships that will foster the growth of a culture in line with our client's LISP strategies and vision
- Identify gaps in processes, error trends and report these to leadership structures
- Understand and adhere to the appropriate policies, standards, and procedures applicable to the role
- Understand and engage in risks and risk events relevant to the role and immediately report any findings to the line manager and supporting departments
- Maintain a healthy team spirit by assisting peers where needed, and where reasonably required, process ad hoc tasks as delegated to maintain stability of operations
- Continuously work toward the implementation of processes and controls that fosters an effective LISP operational environment

**Requirements**:

- Relevant business qualification, for example B. Com
- 3-5 years’ relevant experience. Previous exposure to an Authoriser or Quality Assessor role preferred
- Exposure to LISP / Linked Life Companies / Employee Benefits environment preferred
- Knowledge of Pension Fund Act, FAIS, FIC Act, Long Term Insurance Act, CISCA, FATCA/CRS
- A thorough understanding of the S14 and S50 (old section 37) transfer process and required forms
- A thorough understanding of the benefit process including retirement, death claims and withdrawals
- A good understanding of the tax implications upon retirement/withdrawal
- A good understanding of the regulations governing retirement funds and living annuities
- Advanced MS Excel skills

**Professional characteristics**:

- Strong organisational skills, resilient and able to function in a fast paced and high-pressure environment
- Meticulous attention to detail and the ability to quickly identify errors or omissions
- Deadline driven and reliable with a strong sense of duty and accountability
- Self-starter proactively taking ownership of development
- Client focused with good verbal and written communication skills
- Exhibit a professional image in character and communication
- High degree of team
- and self-awareness
- Exhibit strong senior qualities to further enhance the value build of the department
- High aptitude for being flexible toward environmental changes for a growing LISP
- Ability to engage and co-ordinate tasks in real time within a team

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