Institutional Operations Specialist

Momentum; Centurion; On-site; ZAR 420,000 - 600,000; Full time

Job summary

Momentum is seeking an administrative professional to support Private Equities and related investments from Centurion.

You will handle administration for investments, cash reconciliations, and client service, collaborating with a team to implement processes and controls.

The role requires accounting knowledge, five years in finance, and strong Excel and organisational skills.

Qualifications

• BCom degree or Finance diploma preferred.
• 5 years in finance industry, preferably operational.
• Experience in process design.
• Knowledge of investment admin systems.
• Accounting knowledge required.
• Strong Excel and organisational skills.

Responsibilities

• Execute operational strategies and processes to support business objectives.
• Provide admin services on investments across Private Equities, Special Opportunities, Structured Products, Fund of Hedge Funds, Fixed Income, Securities Lending, Transitions and related actions.
• Admin Direct Properties and other off-market investments such as Reinsurance agreements.
• Cash and Scrip reconciliations and listed derivatives administration.
• Participate in change initiatives and projects and provide transition support.
• Develop processes and controls and engage with clients to ensure service levels.
• Build relationships with clients and stakeholders and deliver on SLAs.
• Contribute to culture of continuous improvement and career development.

Skills

Excel skills

Organisational skills

Process design

Investment admin systems

Accounting knowledge

Finance industry experience

Stakeholder management

Education

BCom Degree

Financial Market Diploma

Tools

Investment admin systems

Job description

Through our client-facing brands and our other specialist brands, Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

To provide administrative support and services responsible for Private Equities, Special Opportunities, Structured Products, Direct Properties, Fund of Hedge Funds, Listed Derivatives, Fixed Income, Securities Lending as well as other off-market investments such as Reinsurance agreements, Corporate Actions and Transition related activities

Requirements

• BCom Degree or Financial Market Dip would be advantageous
• 5 years' experience in finance industry, preferably in operational environment
• Process Design Experience
• Knowledge of Investment Admin systems
• Accounting (non-negotiable)
• Strong Excel skills
• Strong organisational skills

Duties & Responsibilities

Drive the execution of operational strategies, plans, polices and processes that support the achievement of business objectives:

• Provide administrative services and support on investments related to Private Equities, Special Opportunities, Structured Products, Fund of Hedge Funds, Fixed Income, Securities Lending, Transitions, Corporate Actions, etc
• Administration of Direct Properties
• Administration of other off market investments such as Reinsurance agreements
• Cash and Scrip recon clearance
• Listed Derivative administration
• Participate in change initiatives and projects
• Provide transition support
• Translate business requirements into workable processes and controls and engage with clients in a client centric
• Provide authoritative, expertise and advice to clients and stakeholders
• Build and maintain relationships with clients and internal and external stakeholders
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed
• Make recommendations to improve client service and fair treatment of clients within area of responsibility
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Self-management and teamwork:
• Develop and maintain productive and collaborative working relationships with peers and stakeholders
• Positively influence and actively participate in change initiatives and project delivery
• Continuously develop own expertise in terms of professional, industry and legislation knowledge
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness
• Effectively manage performance within the team to ensure business objectives are achieved
• Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.
• Effectively manage performance within the team to ensure business objectives are achieved
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Take ownership for driving career development
• Understand and manage own deadlines and deliverables Contribute to financial controls and planning:
• Identify solutions to enhance cost effectiveness and increase operational efficiency
• Manage financial and other company resources under your control with due respect
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum

Competencies

• Business Acumen
• Customer/ Stakeholder Commitment
• Drive for Resultsh
• Leads Change and Innovation
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness