Senior Administrator - Dealing & Settlements

CO_MGSAL Apex Fund Services South Africa Ltd; Cape Town; On-site; ZAR 360,000 - 520,000; Full time

Benefits offered by this job

Training and development opportunities

Global exposure

Job summary

Apex Group in Cape Town seeks a Senior Administrator - Dealing and Settlements to manage daily and monthly tasks on the Dealing and Settlements desk. You will ensure accurate cash movements, trade instructions, and fund transactions with attention to risk controls.

Join a global asset servicing leader offering exposure to a busy, process-driven environment with development opportunities and a dynamic team in a modern workspace.

Qualifications

• A tertiary qualification and 3+ years in dealing and settlements or 4 years in operations.
• Strong knowledge of financial instruments and cash/trade cycles.
• Experience in Dealing and Settlements is mandatory.

Responsibilities

• Perform daily and monthly tasks on the Dealing and Settlements desk.
• Prepare and execute cash transactions and investor fund movements.
• Capture, confirm and settle trades and fund subscriptions/redemptions.

Skills

Dealing & Settlements experience

Financial instruments knowledge

Cash & trade instruction cycles

Audit experience

Attention to detail

Education

Tertiary qualification in financial services

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/

About Apex Group

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. 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. Find out more about us