Specialist Pss

Curo Fund Services; Cape Town; On-site; ZAR 400 000 - 550 000; Full time

Job summary

A financial services company in Cape Town is seeking a Price Source & Scrubbing Specialist to ensure the accuracy and quality of pricing data for investment funds. The ideal candidate will have a strong background in finance, possess excellent analytical skills, and experience with pricing processes. Responsibilities include managing data sourcing for NAV calculations, ensuring compliance with regulations, and training team members. This role offers opportunities for professional growth and development.

Qualifications

• Minimum 3+ years of experience in the financial services or investment management industry.
• End-to-End Hi Portfolio system experience is advantageous.
• Good knowledge and understanding of the Financial Markets and Financial instruments.

Responsibilities

• Assist in the accurate and timely pricing of data for NAV calculations.
• Collect, validate, and scrub pricing data from various sources.
• Ensure adherence to industry regulations and company procedures.
• Perform detailed analysis of team errors and recommend process improvements.
• Conduct training for the team on Price Source & Scrubbing.

Skills

Attention to Detail

Effective Communication

Problem-Solving & Analytical Skills

Client Focus

Teamwork & Collaboration

Education

Bachelor's degree in Finance, Business, Economics, or a related field

Tools

MS Office suite, particularly Excel

Job description

Role purpose

The Price Source & Scrubbing Specialist ensures the accuracy, quality, and timeliness of pricing data used in the calculation of Net Asset Values (NAVs) for investment funds.

This role involves sourcing, validating, and scrubbing pricing data from multiple vendors and systems, ensuring compliance with regulatory standards and internal controls.

Job Responsibilities

• Support & Pricing Accuracy: Assist in the accurate and timely pricing of data to support daily, weekly, and monthly NAV calculations. Collaborate with the NAV team to resolve pricing discrepancies and ensure fund valuation integrity.
• Pricing Data Management: Assist in collecting, validating, and scrub pricing of data from various sources (e.g., Bloomberg, Reuters, ICE). Apply financial instrument knowledge to ensure correct valuation across asset classes. Monitor and execute valuation instructions for all instrument types.
• Compliance & Regulatory: Ensure adherence to industry regulations and company procedures related to Price Sourcing & Scrubbing operations. Ensure all deadlines are met, elevate issues appropriately. Develop, maintain, and update procedures and conduct audit reviews to ensure regulatory and operational compliance.
• Error Analysis & Process Improvement: Perform detailed analysis of team errors, providing feedback and recommendations for process improvement. Identify process gaps, propose solutions, and assist in the implementation of corrective actions. Support the team manager by escalating, drafting, and reviewing incident reports as required.
• Training & Support: Conduct key operational updates, changes, and process enhancements via continuous training to team members. Assist in developing training materials to enhance the team's understanding of Price Source & Scrubbing in collaboration with the Technical Training team.
• Client & Stakeholder Management: Build and maintain strong relationships with internal stakeholders and external stakeholders, communicate key operational updates, changes, and process enhancements to relevant stakeholders. Address client and audit queries in a timely manner, maintaining strong relationships with internal and external stakeholders.
• Leadership & Support: Assist the Team Leader with resource planning and operational strategies. Step in to cover tasks during team member absences, maintaining seamless operations. Petencies: Adaptability, Attention to Detail, Client Focus, Effective Communication, Judgement & Decision-making, Problem-Solving & Analytical Skills, Process Improvement, Risk Management, Teamwork & Collaboration, Time Management.

Qualifications & Experience

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Minimum 3+ years of experience in the financial services or investment management industry.
• End-to-End Hi Portfolio system experience is advantageous.
• Good knowledge and understanding of the Financial Markets and Financial instruments.
• Proficiency in MS Office suite, particularly Excel.