Investment Banking Specialist

Salt; Wes-Kaap; On-site; ZAR 420,000 - 660,000; Full time

Job summary

Salt in Cape Town is seeking a detail-oriented Client Billing & Investment Operations Specialist to join the Investment Operations team. You will ensure accurate administration of investment-related fees, client billing data, and reporting across asset and wealth management portfolios.

The role suits candidates with experience in asset management operations, fund administration, or portfolio administration who excel with complex financial data, reconciliations, and operational processes.

Qualifications

• 2+ years of experience in investment operations, fund administration or related fields.
• Experience in asset management and wealth administration environments.
• Knowledge of CIS, unit trusts and fund services is advantageous.

Responsibilities

• Manage operational processing of client fee calculations across portfolios.
• Validate and update client fee structures and billing data in portfolio systems.
• Generate, review and distribute client fee statements and reports.

Skills

Investment Operations

Fund Administration

Fund Accounting

Unit Trust Administration

Asset Management Operations

Portfolio Administration

Wealth Administration

Client Investment Administration

Advanced Excel

Power BI

Education

BCom Accounting

BCom Finance

BCom Investment Management

BCom Financial Management

BCom Economics

Tools

InvestOne

HiPortfolio/HiPort

Investran

Finswitch

Bloomberg

Silica

FundRecs

Job description

Client Billing & Investment Operations Specialist

Location: Cape Town

About the Opportunity

An exciting opportunity exists for a detail-oriented and analytical investment operations professional to join a leading financial services organisation. This role sits within the Investment Operations team and plays a critical role in ensuring the accurate administration of investment-related fees, client billing processes, portfolio data integrity, and operational reporting across asset management and wealth management portfolios.

This opportunity is ideal for candidates coming from an investment operations, fund administration, fund accounting, unit trust administration, asset management operations, or portfolio administration environment who enjoy working with complex financial data, reconciliations, reporting, and operational processes.

Key Responsibilities

• Manage the operational processing of client fee calculations across investment and wealth management portfolios.
• Maintain, validate, and update client fee structures and billing data within portfolio management systems.
• Generate, review, and distribute client fee statements and supporting reporting.
• Process fee rebates, fee adjustments, and account-related billing updates.
• Support the collection and reconciliation of investment-related fees.
• Perform detailed reconciliations across client accounts, fee schedules, and portfolio records.
• Maintain data accuracy across portfolio administration, accounting, and reporting systems.
• Investigate and resolve fee, billing, and investment operations queries.
• Collaborate with Investment Operations, Fund Accounting, Client Services, and Reporting teams to ensure operational excellence.
• Support ongoing process improvement, automation, data quality, and reporting initiatives.
• Assist with monthly, quarterly, and ad hoc operational reporting requirements.

Required Experience

• 2+ years' experience within:
• Investment Operations
• Fund Administration
• Fund Accounting
• Unit Trust Administration
• Asset Management Operations
• Portfolio Administration
• Wealth Administration
• Client Investment Administration
• Experience working within:
• Asset Management
• Wealth Management
• Collective Investment Schemes (CIS)
• Unit Trust environments
• Fund Services environments

Technical Requirements

Experience with one or more of:

• InvestOne
• HiPortfolio / HiPort
• Investran
• Finswitch
• Bloomberg
• Silica
• FundRecs
• Portfolio Accounting Systems
• Portfolio Management Systems

Strong knowledge of:

• Fund accounting principles
• Investment operations workflows
• Fee administration processes
• Reconciliations
• Client reporting

Analytical & Technical Capability

Candidates should demonstrate strong technical and analytical skills, including:

• Advanced Excel (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, INDEX MATCH)
• Large dataset analysis and reconciliation
• Data validation and exception management
• Financial reporting and operational reporting
• Power BI exposure would be advantageous
• Experience identifying and resolving data discrepancies
• Strong numerical and problem-solving skills

Qualifications

• BCom Accounting
• BCom Finance
• BCom Investment Management
• BCom Financial Management
• BCom Economics
• Or equivalent tertiary qualification

Professional qualifications such as CAIA, CFA, AGA(SA), CA(SA), RE5 or similar will be advantageous