Senior Administrator - Dealing & Settlements

Apex Group Ltd (UK Branch); Cape Town; On-site; ZAR 480,000 - 600,000; Full time

Benefits offered by this job

Competitive remuneration

Training and development opportunities

Equal opportunity employer

Job summary

Apex Group Ltd (UK Branch) in Cape Town is seeking a Senior Administrator for Dealing and Settlements. The role requires handling daily and monthly duties on the Dealing and Settlements desk, ensuring accurate execution of cash and trading instructions and timely confirmations.

You will support fund subscriptions and redemptions across unit trusts and hedge funds, maintaining high accuracy and compliance. The position demands a tertiary qualification with 3+ years of relevant experience, strong

Qualifications

• Experience in Dealing and Settlements is required across fund of funds operations.
• Strong understanding of cash and trade instruction cycles and related controls.
• Familiarity with trading platforms and fund administration processes.
• Knowledge of risk and compliance considerations in financial services.

Responsibilities

• Perform daily and monthly Dealing and Settlements tasks per operating processes.
• Prepare cash instructions for subscriptions, expenses, and third-party transfers.
• Capture and confirm trades and instructions on trading platforms.
• Process unit trusts, hedge funds, and related subscriptions/redemptions with timely follow-up.

Skills

Financial services knowledge

Dealing & Settlements experience

Cash and trade instruction cycles

Systems and controls

Accounting and audit

Risk management awareness

Communication and documentation

Detail-oriented

Calm under pressure

Problem solving (outside the box)

Education

Tertiary qualification with 3+ years experience

Job description

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

Senior Administrator - Dealing & Settlements

Cape Town

Description

The Senior Administrator - Dealing and Settlements will be responsible for performing daily and monthly tasks of the Dealing and Settlements desk.

Job specification

• To perform the duties of theDealing and Settlements function as outlined by the operating processes around Fund of Fund Dealing and Settlements and off-market trade instructions.
• For cash instructions, prepare and ensure accurate and timely execution and authorization of:
• Cash related transactions for investor fund of fund subscriptions.
• Payment of expenses.
• Third party cash transfers.
• All other Cash Administration payments done both manually and on on-line banking platforms.
• For trading transactions, on receipt of appropriate instructions; prepare, capture and confirm trades and trade instructions.
• Ensuring accurate and timely execution and authorization of:
• Unit Trust investments and redemptions through trading platforms.
• Hedge fund of fund subscriptions and redemptions.
• Ensure appropriate follow up for confirmation of transaction

Skills Required:

• A tertiary qualification and minimum 3+ years applicable experience or 4 years operational experience.
• Excellent financial services process & product knowledge.
• Excellent knowledge of financial instruments.
• Experience on Dealing and Settlements activities is compulsory.
• Good understanding of cash and trade instruction cycles.
• Good knowledge of systems and systems control environments.
• Good accounting and audit experience.
• Knowledge of risk management processes an advantage.
• Good communication, documentation and presentation skills.
• Be able to “think outside the box” and adapt to changing requirements.
• Be meticulous and have a high attention to detail.
• Be calm and stay focused in stressful/high pressured situations.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;
• Competitive remuneration commensurate with skills and experience;
• Training and development opportunities

Additional information:

We are an equal opportunity employer and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity, marital status, race, color, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependents, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please https://www.apexgroup.com/corporate-social-responsibility/