Practice Administrator

1 week ago

Johannesburg, South Africa Nedbank Full time

**Job Classification**
- Job Family- Investment Banking
- Career Stream- Commercial Support
- Leadership Pipeline- Manage Self: Operational
- FAIS Affected**Job Purpose**
- To support the Practice Development Head with analysing practice information; assisting with the vesting of new practices and running of existing practices.to support the Practice Development Head with analysing practice information; assisting with the vesting of new practices and running of existing practices.**Responsibilities**:

- Gathering and analysing of financial information for the valuation of practices ( new and exiting advisers).
- Assist with the preparation of management approval documents for practices (detailed information that will enable management to make informed decisions).
- Ensure that all paperwork and contracts are completed by relevant parties of the practice.
- Facilitate the onboarding and vesting process of new practices and advisers.
- Assist with the operational support required by practices.
- Managing and co-ordinating client events and marketing.
- Arrange training for advisers and support staff.
- Compile practice reports reflecting overall health of practices.
- Relationship building (internal & external).
- Achieve business results by creating new clients on trading platforms.
- Balance back the system and the model through regular reconciliations.
- Process payments to clients through the preparation of Cashflows.
- Ensure client satisfaction by meeting deadlines on payments.
- Meet client needs by building and maintaining sound professional relationships and adhering to Service Level Agreements (SLA's).
- Develop collaborative internal relationships by understanding each others roles.
- Build interdepartmental relationships through informational sharing.
- Maintain high standards of business ethics by adhering to Codes of conduct, policies and procedures, regulatory requirements, client limits.
- Manage risks by reporting and / or escalating any identified risks timeously.
- Ensure payments and /or rates are processed correctly by performing reconciliation of client accounts.
- Cashflow preparation and processing by capturing advances and / or repayments and journals.
- Confirmation of deals by retrieving deal information and sending to clients.
- Prepare, process, reconcile all activities in accordance with all processes and procedures by adhering to cut off times.
- Update the dashboard by compiling daily statistics
- Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending workshops & road shows.
- Essential Qualifications - NQF Level- Matric / Grade 12 / National Senior Certificate
- Essential Qualification- Bachelor of Commerce Degree or Equivalent.- Minimum Experience Level- 2 - 3 years' experience working with the analysis of information or valuation of processes.**Technical / Professional Knowledge**
- Administrative procedures and systems
- Data analysis
- Microsoft Office
- Relevant regulatory knowledge
- Business writing skills
- Financial Acumen
- Relevant product knowledge
- Knowledge of risk
- Relevant system knowledge
- Behavioural Competencies- Adaptability
- Building Customer Loyalty
- Continuous Learning
- Collaborating
- Work Standards
- Managing Work
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

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