Senior Administrator - Custody Reconciliations

Apex group; Cape Town; On-site; ZAR 300,000 - 540,000; Full time

Job summary

Apex Group is seeking a Senior Administrator - Custody Reconciliations in Cape Town. Primary responsibilities include managing cash and scrip reconciliations, ensuring accuracy and efficiency in reporting. The ideal candidate will have a degree or diploma along with strong analytical skills, attention to detail, and experience in Asset Management. Apex Group offers a dynamic work environment with opportunities for growth and development.

Qualifications

• Relevant industry/Asset Management experience is required.
• Confident, enthusiastic, proactive and able to work under pressure.

Responsibilities

• Reconcile cash accounts and identify timing differences.
• Communicate and resolve reconciliation items with clients.
• Maintain relationships with internal and external clients.

Skills

Numerical Skills

Analytical Skills

Attention to Detail

Communication Skills

Excel Skills

Education

Diploma or Degree in relevant field

Tools

InvestOne

Job description

Senior Administrator - Custody Reconciliations page is loaded

Senior Administrator - Custody Reconciliations

Apply remote type Onsite locations Cape Town, Apex House time type Full time posted on Posted 2 Days Ago job requisition id JR-0013104

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

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Description

The primary responsibility of this position is the accountability for the cash and scrip reconciliations and reporting for clients. The individual is responsible to ensure that tasks performed within the team are administered efficiently, accurately and within daily and monthly deadlines.

Job specification

The SeniorAdministrator – Custody Reconciliations will be responsible for the following:

Reconciliation of Cash Accounts:

• Reconcile the cash accounts on InvestOne to the bank account for settlement of trades, income,andexpenses.
• Identifying all timing differences and valid reconciliations items.
• Communication and follow up of reconciliation items with internal and external clients.
• Resolution of reconciliation items.

Call Accounts

• Ensure that all transfers are processed correctly on InvestOne and confirmed with thecounterparty.

Futures administration:

• Reconcile margin reports to Future instrument transaction on InvestOne;
• Distribute to relevant parties (Custodian / Client).
• Check booking fees and deals.
• Liaising with theclienton corrections.
• Futures Administration – Opening of accounts

Reconciliation of Scrip Accounts:

• Reconcile the scrip positions on InvestOne to the bank scrip depository accounts.
• Identifying all timing differences and valid reconciliations items.
• Communication and follow up of reconciliation items with internal and external clients.
• Resolution of reconciliation items.

General duties:

• Formulating/updating process documentation.
• Assisting where required on projects and client take-on.
• Assist juniorteam memberswith query resolution
• Maintaining relationships with internal and external clients.

Skills Required:

The successful candidate will have:

• A diploma or degree or relevant industry/Asset Management experience.
• Strong numerical and analytical skills.
• Attention to detail and structured work approach.
• Excellent communication skills, both written and verbal.
• Confident, enthusiastic, proactive and able to work under pressure.
• Intermediate Excel skills.
• InvestOne experience is an advantage.

Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

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We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.

We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies.

Working at Apex

Prepare to accelerate.

We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster.

Positive change starts with you.

We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster.

The journey is yours to own.

When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.