Trading Allocator

3 weeks ago


Cape Town, South Africa Allan Gray Full time

Daily allocation of trades to portfolios and trading related administration.**Responsibilities**:

- Implementation of portfolio manager investment decisions across the different mandate groups.
- Monitor client asset allocation and individual security positions relative to given targets and suggest corrective trades to traders.
- Obtain a detailed knowledge of each client’s investment mandate as well as all regulatory limits applicable to those clients.
- Monitoring client portfolio controls as contained in investment parameters, internal investment controls and any client specific requests to prevent transgressions.
- Monitor client compliance with their individual investment management agreement (PMA), all relevant regulatory limits as well as the Allan Gray internal investment policy.
- Investigate and resolve any client compliance issues raised by the Investment Guidelines team.
- Construct new portfolios and rebalance portfolios where big deposits/withdrawals have occurred, or the client has requested a change in mandate.
- Monitor the settlement of all equity trades daily and investigate any potential settlement issues by liaising with the traders, settlements team and brokers.
- Upload and check the equity trades for the traders.
- Prepare Morning Meeting presentation.
- Compile various reports used in the trading and allocation decisions making process.
- Prepare ad hoc reports required by Traders and Portfolio Managers
- Assist with end of day trade booking and ensure successful integration to the back-office system.

**Qualifications and Experience**:

- B.Com (Accounting, Actuarial, Economics, Finance, Statistics), B.Bus.Sc (Accounting, Actuarial, Economics,Finance, Quantitative Techniques), B.Econ.Sc (Finance, Actuarial) or similar
- Previous experience in back office, middle office or investment operations will be beneficial.

**Competencies and Skills**:

- High attention to detail
- Self-starter
- Strong numeracy skills
- Good communication skills
- Systematic and organized.
- Deadline driven.
- Works well under pressure.
- Accurate
- Microsoft Excel skills
- Operate independently as well as within a team.
- Energetic
- Ability to prioritise effectively.
- Working Hours: 07:45am to 17.45pm

**Motivation (Attach your answers in PDF format)**:

- Motivate why you are the best person for the position.
- Please describe what you understand under the role Trading allocator.
- Please state which aspect of the roll enticed you most to apply.

**Location**:

- Cape Town**Closing Date**:

- 25 August 2023


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