Asset Management jobs in United States

Our client, an Asset Management Company based in the Southern Suburbs of Cape Town, is seeking a Portfolio Administration Specialist to join their team.

POSITION INFO :

Key Responsibilities :

• Manage the opening and onboarding of new client investment accounts in South Africa and Switzerland / offshore.
• Dealing with new clients during the onboarding process, this may be in person or via email and involves the mandates and paperwork for opening both local and foreign accounts.
• Knowledge of FICA requirements for South African accounts
• Knowledge of Know Your Client (KYC) process for offshore accounts advantageous.
• Reconciliation of any holdings that may be transferred once accounts are open
• Monthly Financial Reporting to clients
• Maintenance of local reporting system
• Fund Performance checks
• Preparation of supporting documentation where needed
• Dissemination of reports
• Attention to detail a must
• Ensuring liquid funds are available in client portfolio so that fees, as well as any income payments clients may want, can be settled monthly.
• Facilitating ad hoc payment requests for clients
• Tax reporting to clients
• Assisting with queries by liaising with clients / custodians / third parties
• All other Ad Hoc administration

Qualifications and Experience :

• Ideally a degree in Investment Management / BCom / similar
• At least 5 years experience as an Investment Administrator