Senior Administrator - Dealing & Settlements

theapexgroup; Cape Town; On-site; ZAR 350,000 - 550,000; Full time

Job summary

Apex Group in Cape Town is seeking a Senior Administrator - Dealing & Settlements to perform daily and monthly tasks on the Dealing and Settlements desk.

You will handle cash and trading instructions, ensure timely execution, and support unit trusts and hedge funds subscriptions and redemptions.

The role requires a tertiary qualification and 3+ years in financial services, with strong attention to detail and calm under pressure.

Qualifications

• A tertiary qualification and 3+ years applicable experience, or 4 years operational experience.
• Excellent financial services process & product knowledge.
• Experience on Dealing and Settlements activities is compulsory.
• Good understanding of cash and trade instruction cycles.
• Strong communication and analytical skills.

Responsibilities

• Perform daily and monthly tasks of the Dealing and Settlements desk.
• Prepare and ensure accurate and timely execution and authorization of cash related transactions, expenses, third party transfers, and payments.
• For trading, prepare, capture and confirm trades and trade instructions.
• Ensure proper follow-up for confirmation of transactions, including unit trusts and hedge fund subscriptions/redemptions.

Skills

Dealing & Settlements

Cash & trade cycles

Financial instruments

Experience in Dealing & Settlements

Communication skills

Attention to detail

Education

Tertiary qualification

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/