Officer Portfolio Support urgently needed: APPLY HERE

Officer Portfolio Support urgently needed: APPLY HERE

Sandton, Gauteng
:

To perform various accounting and administrative functions on equity, gilts, derivatives, money market and offshore investments for Individual and small Institutional portfolios.

Accountabilities Include

:

Accounts Administration

Prepare invoices by inserting fee charged to various companies and forward to Accounts Payable at Group Finance for payment.
Update Advisors Report the commission paid to them and reconcile to Trial Balance.
Obtain month-end values from Offshore Asset Managers, and exchange rates from Portfolio Managers – insert into spreadsheet for the market value for Asset Under Management (AUM) report.
Allocate account number from UniCIS system for new Offshore clients and obtain an estimated rate from the Treasury Department. Process the transaction through Barclays Suisse once approved by Management.
Process payments to clients by capturing payments onto Cash Focus; obtain authorisation from authorised signatories and forward to Absa Stockbrokers for capturing onto the client’s account.
Print daily reports, check all trades against the dealing slips for correctness, and check overdrawn cash balance report.
Run daily valuations for pricing purposes; get authorisation from Portfolio Managers and send to Fund Managers for calculation of the unit trust price.
Pay Preference share dividends via cash focus. Obtain authorisation from authorised signatories. Forward instruction to Stockbrokers to capture on client account.
Process payment of income to client on Cash Focus and obtain authorisation from the Ops Manager.
Prepare an AUM report by inserting market value, fees, inflows and outflows for each intermediary company.
Print the monthly management fee statement, capture it to the AUM report and forward to JSE for processing.
Prepare an invoice for Absa Fund Manager (AFM) & Absa Trust for fees due to respective clients and forward the invoice to AFM for payment.
Prepare quarterly invoices for offshore clients and send off to respective clients.
Own administration and reporting for Meago funds by ensuring daily, monthly, quarterly and yearly reporting is done timeously.
Balance Capital Gains Tax (CGT) report and identify and resolve issues.
Run performance for Meago funds and compare to the property benchmark.
Identify and resolve errors.
Interact with Meago and their clients daily on administration duties.
Capture and verify all trades, income, dividends, corporate events and book builds for the Meago funds, and verify and sign off daily on Meago fund administration reports.
Administration on Regulatory Regulations

Compile quarterly SARB report with details from AUM monthly report for Ops Manager and General Manager’s sign off before forwarding to SARB electronically.
Compile quarterly Unit Trust report with information from PortCIS and Trust Systems, forward to Ops Manager for sign-off.
Compile report for Risk Officer detailing all values and fee scales per client. Forward to Investments Risk Officer.
Records Management

Ensure all records are kept according to Records Management Policy.
Ensure Data Privacy Policy rules and regulations are adhered to protect client data.
Prepare AFS scorecard by inserting inflows, outflows, number of clients and total move for the month.

Requirements:

Three (3) year Certificate in Investment Administration or equivalent to NQF level 5.
Three (3) years experience as an Administrator within the Financial Industry.
Investment industry knowledge.
Knowledge of Systems (MCI, JSE system, I Net).
Basic accounting skills.
Adhering to principles and values.
Applying expertise and technology.
Coping with pressures and setbacks.
Delivering results and meeting customer expectations.
Following instructions and procedures.
No criminal record

Help our customers get the best that Absa has to offer, and you’ll get the same in return. When you’re permanently here you’ll get competitive benefits like medical aid & pension fund, preferential banking rates, and a wellbeing program , just to mention a few, and you’ll be gaining experience with one of the top financial institutions in the country, which can open up some excellent career doors for you. Employees will also enjoy a company spirit that believes in giving our employees the freedom to do a great job, and the support to reach their ambitions in the future.

Ready To Apply?

There are four stages in our application process:
Application

: On our application form we ask for information like your contact details, education and work experience. You will also be required to upload a CV, so it’s a good idea to have this ready.
Online Assessments

: We’ll then ask you to complete online assessments if you have passed our minimum screening criteria. You will also receive an email with the link to these assessments so you can complete them when it suits you best. Our assessments are carefully designed to measure the skills and capabilities necessary to be successful in our roles.
Interview

: If you are successful in our assessments we will contact you to conduct a brief telephonic interview before we invite you to attend a face-to-face interview.
Outcome

: Following your interview we’ll be in touch within five working days to advise you of the outcome.

We are committed to employment equity when recruiting internally and externally. Preference will be given to suitably qualified individuals from previously disadvantaged groups in South Africa.

For new opportunities and exposure … Apply today, and take your career to the next level

If you have not received a response to your application in 15 days please consider your application unsuccessful. Apply Now

Source: jobs365