Investment Accounting Specialist
6 days ago
The position of Investment Accounting Specialist at Wenz Recruitment is a key role in the Institutional Fund Operations team.
Job DescriptionThis role involves performing day-to-day operational processes for various investment accounting, data management, and market data activities.
- Ensure that daily instrument valuation/pricing and exchange rate processes run accurately and timeously.
- Ensure that instrument price files are received from all local and foreign sources (exchange and vendor data).
Liaising with data vendors (e.g., JSE/Bloomberg) on data quality and other queries (e.g., valuation) is an essential part of this role.
Setting up system parameters in Markit (MDS) for certain instruments as and when they are created by the front office team is also required.
Collaboration with IT domain teams to maintain, develop, and enhance the market data infrastructure is crucial to keeping systems up-to-date and efficient.
Duties & ResponsibilitiesMarket Data:
- Monitoring the end-of-day price reconciliation process and investigating any identified price/valuation discrepancies.
- Managing and maintaining data contracts and vendor relationships.
- Managing the benchmark data processes, including creation of benchmarks as required by the Performance team.
Institutional Data Management:
- Creation of instruments as required by the front or middle office teams.
- Portfolio creation and classifications.
- Maintenance of instrument static data for upstream and downstream usage.
- Reconciling static data to market sources to ensure accuracy and consistency in data across all internal systems.
Additional Activities:
- Assisting with month-end pricing across all portfolios.
- Calculating daily interest coupon accruals.
- Monitoring and answering queries from the Institutional Data Management and Investment Accounting email queue.
This role requires strong technical knowledge of instrument valuation and pricing, as well as experience working with IHS Markit.
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