Officer Spm Trust Administration
7 months ago
Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary
To provide administrative support by performing various operational functions including but not limited to the capturing, processing of payments on various accounting and administrative functions e.g., Equity, Bonds, Gilts, and Internal/External Unit trust accounts for Absa Trust. To authorize and verifying purchases, sales, corporate events, dividends, interests, bank
transactions, daily/monthly scrip, and unit trust reconciliations
**Job Description**:
Constantly seek to improve ways of working by challenging the status quo and supporting an empowering climate within the Trust Administration Operations team, sharing knowledge, experience, best practice and providing constructive feedback as required:
Compliance and Risk Management | Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards:
Customer Experience | To provide service excellence and achieve customer satisfaction.
The job requires consistent interaction & communication with:
- Staff in own area (manager, and Trust admin colleagues)
- Staff outside own area i.e. Providing information to Relationship Managers
- Internal customers i.e., Providing & getting information to/from Absa Trust
- Officials
Key Role Accountabilities:
- Update of daily prices 4 Institutional SCI Unit trust funds
- Capturing of daily Purchases/Redemptions of SCI Units trust
- Investigating all rejected Unit trust transactions
- Drawing of daily EOS and EI (Glacier) reports
- Balancing of daily captured SCI Unit trust funds
- Preparing and capturing of Purchases/Redemptions External Unit trust funds
- Declaring dividends due from Corporate Diary
- Upload Journal Extractor file for daily dividend payments
- Preparing of all dividend payments and Exempt clients for payment on Trust system
- Daily BIO payments for Trust
- Ordering of month end report (BTKP040)
- Requesting month end Unit trust statements for External Unit trust balancing
- Prepare and balance External Unit trust funds.
- Requesting Quarterly distribution statements for External Unit trust funds
- Capturing of Quarterly distributions - Cash or Re-Investments
- Ensure all Administration contact details and signatories are updated with External Unit trust Companies.
- Assisting with general Enquiries from Trust Office
Additional Responsibilities:
- Download and save daily reports from Power BI. Check and verify all payments to be correct and actioned.
- Update rounding Unit differences SCI funds on Trust system
- Drawing daily bank statement from BIO
- Balance daily Trust bank recon, identify differences and fix accordingly. Check and verify all transactions processed on Trust to BTKP550 and BTKP970 trust reports.
- Review daily purchases & sales on Equities and Gilts, against Power BI reports. Report discrepancies first thing the next morning
- Check and verify daily deal settlement upload file against the Trust report - BTRP404.
- Prepare JSET cash balancing on settlement date and send for BIO cash payment. Capture Take off on Trust System, send POP to Trust Official.
- Preparing a payment letter from Stock deals report for all purchase and sale settlements on Equities and bonds - BG group. Capturing settlements on Trust system
- Check and verify all daily dividend & interest payments for shares and gilts (Holding and rand)
- Capture a JSET purchase transaction on Trust to make cash available to trade for new purchases - Equities or Gilts. Prepare Cash receipt for Finance to allocate funds.
- Capture all transfer In/Out on settlement date in Trust system and notify Trust branch. Do final cash balance. Prepare cash payment, after completed send request to close account.
- Check weekly Corporate Diary for Corporate Events. Obtain SENS document and use confirmation details to prepare/balance corporate event to be uploaded in Trust (Manually or file upload)
- On the 1st working day save all month end Trust reports as well as Power BI reports in month end folder
- On the 2nd working day”
Prepare and balance Monthly Management fees for all Trust groups for AUM reporting.
Prepare and provide monthly Manco figures to Head of Operations
Prepare Monthly Management fee and JSET Interest received on Trust templates to be uploaded in the Trust system.
- Action Overdrawn accounts. Obtain funds from Trust and send cash receipt to Finance.
- Obtain SPM Investment tracker fund statements from BIO and balance against Marble Prepare and sent file to be uploaded in Marble.
- Prepare Monthly Scrip Holding balancing between Trust and Marble
- Prepare Monthly SCI Unit trust balancing between Trust and Glacier
- Prepare Month
-
Officer Trust Administration
1 month ago
Sandton, South Africa Absa Bank Limited Full timeEmpowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary To...
-
Trust Administrator and Office Manager
6 hours ago
Sandton, South Africa Dante Personnel Full timeGauteng, Sandton - R 20 000 - R 25 000 Monthly A dynamic Legal Firm in Hyde Park, Johannesburg is looking for a Trust Administrator and Office Manager to join their team. Purpose of the position is to assist the Director to attend to the Trustee duties as well office management duties (order of stock, managing dairies, arrange couriers and more) **Minimum...
-
Trust and Foundations: Administrator
4 months ago
Sandton, South Africa Pele Energy Group Full time**THE ROLE** The Trust and Foundations Administrator will be responsible for delivering comprehensive administrative and secretarial support to ensure the efficient operation of the unit. This role supports the unit that administers Community Trusts and Foundations by managing diaries, organising meetings, preparing documentation, and overseeing various...
-
Trust Administrator
6 months ago
Sandton, South Africa Broll Property Group Full time**POSITION PURPOSE** Responsible for a variety of Trust administration related duties and support functions. Responsible for the daily receipting of tenant deposits. Provides miscellaneous assistance as required. **ESSENTIAL FUNCTIONS AND BASIC DUTIES** **1. Assumes responsibility for the daily receipting of tenant deposits.** a. Imports daily bank...
-
Senior Trust Administrator
1 day ago
Sandton, South Africa Perfect Placement Solutions Full timePosition: Senior Trust Administrator City: Cape Town To provide full administrative, financial accounting and tax services to high-net worth clients. Minimum Requirements Grade 12 (Matric) Degree (Accounting) or (LLB) 5 years experience in Trust & Company Administration Advanced knowledge and experience handling Trust Accounts Good understanding of...
-
Senior Trust Administrator
7 months ago
Sandton, South Africa Broll Property Group Full time**POSITION PURPOSE** Responsible for a variety of Trust administration related duties and support functions. Responsible for the completion of the monthly bank recons / Trust Account Reports. Provides assistance as required. Research and resolves discrepancies and accounting arrears - completed related reports, summaries and records and performs related...
-
Trust Administration Professional
3 weeks ago
Sandton, South Africa The Recruitment Council Full timeJob OverviewThe Recruitment Council is a leading provider of investment, wealth, and estate planning services tailored to high-net-worth individuals, families, select institutions, and charities.Job Description:This role involves delivering expert fiduciary advice and services, including trust administration, wills drafting, estate planning, and tax...
-
Trust Financial Administrator
1 week ago
Sandton, South Africa Broll Property Group Full time**POSITION PURPOSE** Responsible for a variety of Trust administration related duties and support functions. Responsible for the daily receipting of tenant deposits. Provides miscellaneous assistance as required. Research and resolves discrepancies and accounting arrears - completed related reports, summaries and records and performs related clerical...
-
Fiduciary Administrator
1 week ago
Sandton, South Africa Perfect Placement Solutions Full timeWe are seeking to employ an experienced Fiduciary Administrator based in Sandton Position: Fiduciary Administrator Minimum Requirements Matric (Grade 12) Relevant Legal qualification At least 3 years experience in Estates and Trusts Must be very systematic and administratively orientated Clear criminal record Must reside in Johannesburg (in or around...
-
Expert Trust Specialist
3 weeks ago
Sandton, South Africa The Recruitment Council Full timeWe are looking for a skilled Fiduciary Specialist to join our team at The Recruitment Council. This exciting role involves delivering expert fiduciary advice and services to high-net-worth clients, ensuring the highest standard of client satisfaction.">Deliver expert trust administration, wills drafting, estate planning, and tax solutions.Manage and maintain...
-
Trust Expert Specialist
3 weeks ago
Sandton, South Africa The Recruitment Council Full timeWe are looking for a Trust Expert Specialist to deliver exceptional fiduciary services to our clients. The successful candidate will have expertise in trust management, client relationships, and wills and estate planning.About the Role:Job Summary: Provide expert fiduciary advice and services to high-net-worth individuals, families, and select...
-
Trust Management Specialist
3 weeks ago
Sandton, South Africa The Recruitment Council Full timeAbout the RoleWe are seeking a seasoned Fiduciary Specialist to join our team at The Recruitment Council. This is a rare opportunity to work with a leading provider of investment and wealth management services to high-net-worth individuals and families. As a Fiduciary Specialist, you will be responsible for delivering expert fiduciary advice and services,...
-
Client Relations Officer-2
1 month ago
Sandton, South Africa Absa Bank Limited Full timeEmpowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job...
-
Administrative Officer
2 days ago
Sandton, South Africa Employment Accelerator Full timeWe are looking for an Administrative Officer to join our team and support our daily office procedures. The successful Administrative Officer will act as the point of contact for all employees, providing administrative support and managing their queries. Duties Manage office supplies stock and place orders Maintain and update company databases Prepare regular...
-
Office Administrator
2 days ago
Sandton, South Africa One Visa World Full timeAs an Office Administrator, you will be responsible for directing calls and maintaining the admin-work system. You will work daily on various secretarial and administrative support tasks. Updating payment systems on Company Software. **Key Performance Areas**: - Administration of day to day running of the front-desk. - Monitor and Control the use of...
-
Office Administrator
2 weeks ago
Sandton, South Africa Kontak Recruitment SA Full timeLinbro Office Park, Sandton **Office Administrator (JB3052)** **R 12 500 - R15 000 per month** **Linbro Office Park, Sandton** **6 Month Contract** **Experience and Qualifications** Strong experience in administrative tasks Experience in Microsoft Office Experience in using CRM systems Basic accounts experience preferred Excellent telephone...
-
Office Administration
4 days ago
Sandton, South Africa Enterprise Outsourcing Full timeEnterprise Outsourcing is looking for an organized, competent Office Assistant for our Shared Service Center. **Job purpose and key deliverables**: **1. Debtors and Creditors**: - Customer billing - Customer and Supplier recons - Debtors payment allocations - Payment follow-ups - Daily and monthly payment lists - Processing of invoices **2. Procurement and...
-
Office Administrator
1 week ago
Sandton, South Africa Blue Mercury Financial Services Full timeWe looking for an Office Administrator to assist with the following: 1. Filing & file management 2. Filling out required forms and submitting them to necessary parties 3. Reception duties 4. Liaising with product providers and suppliers 5. Assisting with quotations and orders 6. Day to Day administration required by your manager 1. Highly organised and...
-
Office Administrator
1 week ago
Sandton, South Africa Nclose Full time**Office Administrator** **JOHANNESBURG** We are looking to add an energic Office Administrator to take control of our Johannesburg office, working hand-in-hand with and under the guidance of our Cape Town Administrator. You are able to wear multiple hats as the position requires within your job scope. Experienced in handling a wide range of...
-
Trust and Assurance Customer Analyst
6 days ago
Sandton, South Africa Mimecast Services Limited Full timeOverview: - In this role you will bean individual contributor, working largely with GTM (Go to Market) stakeholders to assist in the trust and assurance conversation during the sales cycle. The primary focus of the role is to respond to Customer RFI (request for information) and questionnaires and be the single point of contact bridging the gap between the...