Portfolio Administrator
A well known and established company Multi Manager based in the Northern Suburbs is seeking a BCom graduate with at least 3 years experience as a Portfolio Administrator to join their team.
In this role you will be responsible for:
- Fund set-up, maintenance and record keeping
- Set-up and maintenance of trading templates.
- Input and send authorised trade instructions on behalf of the investment manager
- Managing and controlling all transactions processed between relevant parties namely, the IFA, LISP, investment administrator (Silica), Manco, pricing administrator (CURO), custodian (FNB), investment manager & underlying fund manager
- Monitor and check execution of trade instructions via the pricing administrator
- Daily monitoring of portfolio positions provided by pricing administrator
- Cash management from IFA to investment manager to underlying fund manager
- Scrip management for new take–on or termination between IFA, investment manager, underlying fund manager & custodian
- Ensure static data is accurately maintained
- Confirmation that portfolios conform to latest Investment Committee mandates and comply with all regulatory requirements
- Perform compliance checks of Fund breaches and escalate where required
- Support Investment team and act on Investment Committee instructions in a timely manner
- Daily monitoring of portfolio NAV prices, accuracy and reasonability –
- Learn how to use & maintain the internal systems
- Save down & check daily information are relevant to the internal systems data storage
- Integrity check data provided by the underlying fund managers regarding underlying assets & the valuations provided
- Monitor, check & report on Monthly, Quarterly, Bi-annual or Annual distribution & re-investments
- Monthly reporting, completing MDDs and report packs to Investment Partners on each Fund
- Responsible for the administration of day-to-day forex trades
