Portfolio Administrator

Conova Recruitment; Cape Town; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading Asset Management Company in Cape Town is seeking a Portfolio Administration Specialist to manage client investment accounts and ensure compliance with regulations. The role involves financial reporting, client liaison, and overall administration support within a dynamic team environment.

Qualifications

• Degree in Investment Management or similar required.
• At least 5 years experience as an Investment Administrator is necessary.

Responsibilities

• Manage onboarding of new client investment accounts.
• Perform monthly financial reporting and maintenance of reporting systems.
• Facilitate client payment requests and tax reporting.

Skills

Attention to detail

Knowledge of FICA requirements

Knowledge of KYC process

Education

Degree in Investment Management or BCom

Job description

Our client, an Asset Management Company based in the Southern Suburbs of Cape Town, is seeking a Portfolio Administration Specialist to join their team.

POSITION INFO :

Key Responsibilities :

• Manage the opening and onboarding of new client investment accounts in South Africa and Switzerland / offshore.
• Dealing with new clients during the onboarding process, this may be in person or via email and involves the mandates and paperwork for opening both local and foreign accounts.
• Knowledge of FICA requirements for South African accounts
• Knowledge of Know Your Client (KYC) process for offshore accounts advantageous.
• Reconciliation of any holdings that may be transferred once accounts are open
• Monthly Financial Reporting to clients
• Maintenance of local reporting system
• Fund Performance checks
• Preparation of supporting documentation where needed
• Dissemination of reports
• Attention to detail a must
• Ensuring liquid funds are available in client portfolio so that fees, as well as any income payments clients may want, can be settled monthly.
• Facilitating ad hoc payment requests for clients
• Tax reporting to clients
• Assisting with queries by liaising with clients / custodians / third parties
• All other Ad Hoc administration

Qualifications and Experience :

• Ideally a degree in Investment Management / BCom / similar
• At least 5 years experience as an Investment Administrator