Fiduciary Portfolio Oversight Manager

Rmb - Rand Merchant Bank; Cape Town; On-site; ZAR 600 000 - 750 000; Full time

Job summary

A prominent financial institution in Cape Town seeks a Fiduciary Portfolio Oversight Manager. The role requires coordinating and guiding a team responsible for the oversight of collective investment schemes. Ideal candidates should have a relevant post-graduate degree and several years of experience in management. The position offers challenging responsibilities, a dynamic work environment, and opportunities for professional development.

Benefits

Opportunities to network and collaborate

Challenging work environment

Opportunities to innovate

Qualifications

• 3-5 years of experience in a similar environment, including 1-2 years in a junior management role.
• Good understanding of the regulatory framework within the Collective Investment Scheme industry.
• Strong skills to prioritize multiple tasks in a dynamic environment.

Responsibilities

• Coordinate, guide and manage a team of Fiduciary Oversight Portfolio Analysts and Specialists.
• Provide guidance and support to collective investment scheme management companies.
• Implement and control business processes according to quality standards.

Skills

Communication skills

Analytical skills

Organizational skills

Proactive problem-solving

Education

Post-Graduate degree in Finance, Accounting or Investment Management

Certifications such as CAIA, CFA, CIPM or FRM

Job description

Fiduciary Portfolio Oversight Manager

RMB - Rand Merchant Bank

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact, united by our proud heritage, strong ethics and traditional values.

The purpose of this role is to coordinate, guide and manage a team of Fiduciary Oversight Portfolio Analysts and Specialists who perform the detailed oversight of the administration and conduct of collective investment schemes, ensuring the safekeeping of assets and the protection of participatory interest holders.

The manager will oversee and provide support and guidance to collective investment scheme management companies through accurate and reliable intelligence, trend analysis and regular reporting to improve oversight decision quality.

Responsibilities

• Provide guidance and support to collective investment scheme management companies to ensure the protection of underlying participatory interest holders.
• Improve business decisions by providing accurate and reliable business intelligence and analysing trends and data.
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities.
• Implement, monitor and control business processes according to quality standards, policy and compliance and governance requirements.
• Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map and the protection of participatory interest holders.
• Research, enable and consult on improvements and opportunities to harness technology and platform enablement.
• Review existing processes and suggest innovative ideas to improve and streamline processes to reduce risk, drive efficiencies and minimise redundancy.
• Manage team delivery against goals in the area of responsibility.
• Manage performance moderation, disciplinary action, recognition and retention processes in line with HR policies and procedures.
• Participate in Talent Management practices and processes in line with HR policies.
• Implement employment equity plan targets in all recruitment and employee movement activities.
• Manage performance of employees by clearly defining goals and objectives and providing direction, coaching and regular feedback.
• Ensure skills are transferred in specific functions.
• Resolve conflicts and respond to complaints or concerns.
• Set relevant stretch goals for the team and motivate achievement.
• Promote teamwork and inclusivity among team members and demonstrate behaviours that respect diversity.
• Partner and collaborate with team members to achieve team success.

Share information and knowledge that benefits the team.

Contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.

Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.

Participate in specialist communities of practice and contribute positively to the organisation.

Qualifications

• Post-Graduate degree in Finance, Accounting or Investment Management.
• Additional certifications such as CAIA, CFA, CIPM or FRM are advantageous.

Experience and Skills

• 3-5 years of experience in a similar environment, including 1-2 years in a junior (entry-level) management role.
• Good understanding of the regulatory framework within the Collective Investment Scheme industry.
• Good understanding of risk management, accounting and investment principles as they relate to Collective Investment Schemes.
• Good understanding of the administration of Collective Investment Schemes and their oversight.
• Strong organisational skills that reflect an ability to perform and prioritise multiple tasks in an energetic environment.
• Excellent communication and analytical skills in both written and spoken English.
• Excellent judgement and ability to anticipate legal issues or risks.
• Proactive approach to problem solving.
• Ability to process information quickly and apply it in finding solutions.

Benefits and Development

• Opportunities to network and collaborate.
• Challenging work environment.
• Opportunities to innovate.

Ideal Candidate Profile

• Curious & courageous – driven by a desire to know more and learn more.
• Obsessed with mastery – constantly pushing yourself to excel.
• Love putting our clients at the forefront of what you do.

Application deadline : 21 / 11 / 25

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

Candidates may disclose disability information on a voluntary basis; the bank will keep this information confidential unless required by law.