Senior Administrator - Dealing & Settlements

Apex group; Cape Town; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading global fund administration company is seeking a Senior Administrator for their Dealing and Settlements desk in Cape Town. This role involves managing cash transactions, trading instructions, and ensuring compliance with operational processes. Ideal candidates will have a tertiary qualification and extensive experience in financial services, particularly in Fund of Fund activities. Join a dynamic team and contribute to a rapidly expanding business with competitive remuneration.

Benefits

Competitive remuneration

Qualifications

• Minimum 3+ years applicable experience or 4 years operational experience.
• Experience on Fund of Fund Dealing and Settlements activities is compulsory.

Responsibilities

• Perform daily and monthly tasks of the Fund of Fund Dealing and Settlements desk.
• Prepare and ensure accurate execution of cash-related transactions.
• Capture and confirm trades and trade instructions.

Skills

Financial Services Process Knowledge

Financial Instruments Knowledge

Communication Skills

Attention to Detail

Education

Tertiary Qualification

Job description

Senior Administrator - Dealing & Settlements page is loaded

Senior Administrator - Dealing & Settlements

Apply locations Cape Town, Apex House time type Full time posted on Posted 2 Days Ago job requisition id JR-0012801

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

Description

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

Job specification

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

Skills Required:

• A tertiary qualification and minimum 3+ years applicable experience or 4 years operationalexperience.
• Excellent financial services process & productknowledge.
• Excellent knowledge of financialinstruments.
• Experience on Fund of Fund Dealing and Settlements activities iscompulsory.
• Good understanding of cash and trade instructioncycles.
• Good knowledge of systems and systems controlenvironments.
• Good accounting and auditexperience.
• Knowledge of risk management processes anadvantage.
• Good communication, documentation and presentationskills.
• Be able to “think outside the box” and adapt to changingrequirements.
• Be meticulous and have a high attention todetail.
• 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.

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.