Senior Fund Administrator: Bonds and Money Market

Curo Fund Services; Upington; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading company in fund services is seeking a Senior Fund Administrator for Bonds and Money Market. The role involves managing fund operations, ensuring compliance, and providing insights to investors. Ideal candidates will have strong fund administration experience and a keen eye for process improvement.

Qualifications

• Experience in fund administration, particularly with bonds and money market instruments.
• Strong understanding of compliance and regulatory requirements.

Responsibilities

• Manage daily operations of bonds and money market funds, including valuation and reporting.
• Ensure adherence to regulations and assist in audits.
• Act as primary contact for investors and manage onboarding processes.

Skills

Fund Administration

Valuation and Pricing

Compliance

Investor Relations

Process Improvement

Job description

Role purpose

The Senior Fund Administrator for Bonds and Money Market will be responsible for executing trade processes and controls on Local or International Bonds and Money Market instruments. This role includes ensuring accurate and timely fund administration, compliance with regulatory requirements, and efficient operational processes.

Key Responsibilities

1. Fund Administration:
   • Manage daily operations of bonds and money market funds, including valuation, accounting, and financial reporting.
   • Send accurate and timely settlement instructions via Swift, banking systems, and manual faxes.
   • Confirm interest entitlements, maturities, and trades as per client SLA.
   • Perform key checks and controls daily.
   • Perform back-up functions for staff when needed.
   • Resolve errors, queries, and reconciliation discrepancies related to trades.
2. Valuation and Pricing:
   • Monitor daily valuation and pricing of bonds and money market securities, ensuring adherence to policies and procedures.
   • Update Bonds & MM trades on Hiportfolio accurately and timely, complying with client and market requirements.
3. Reporting and Analysis:
   • Provide detailed reports and insights to investors on fund performance.
   • Analyze fund expenses, identify cost-saving opportunities, and suggest efficiency improvements.
4. Compliance and Regulatory:
   • Ensure adherence to relevant regulations and industry standards.
   • Assist in audits and regulatory examinations by providing necessary documentation and explanations.
5. Investor Relations:
   • Act as primary contact for investors, addressing queries and providing updates.
   • Manage investor onboarding, subscriptions, redemptions, and records.
6. Stakeholder Collaboration:
   • Maintain effective relationships with compliance and operations teams to gather data and insights.
   • Support and mentor junior fund accountants, ensuring task accuracy and timeliness.
7. Process Improvement:
   • Streamline fund administration processes to improve efficiency and reduce errors.
   • Implement and maintain internal controls to protect fund assets and ensure data integrity.
   • Collaborate with legal, compliance, and portfolio management departments for smooth operations.
8. Ad-Hoc Tasks:
   • Perform ad-hoc accounting and reporting tasks as requested.
   • Handle ad-hoc requests efficiently and accurately.