PURPOSE:
Responsibilities as an Operations Officer: Reconciliation & Performance for the investment operations team involves managing proper trade settlement with our custodians, settlement of corporate actions across portfolios as well as daily reconciliations of unit trust purchase transactions.
PRIMARY RESPONSIBILITIES:
Timely and accurately handle trade management, processing, trade input and act as the liaison between custodians and the firm
Ensuring trades, allocations and settlements are executed accurately on custodian statements
Review all daily entries to verify the correctness of the captured data and advise on required actions
Identify and follow up on un matched transactions and make follow ups with the custodian and inform fund administrators (retail transactions) as well as the dealers
Reconcile daily m-pesa purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
Reconcile daily bank purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
Prepare and record monthly reconciliation reports of all the unit trust purchases
Tracking and processing of Corporate Actions
Monthly portfolio holdings reconciliation and performance
Assist in process improvements and System tests for new updates.
Creating products-Creating and onboarding new clients upon successful tenders and RFPs in the fund management system
Files the monthly portfolio valuation reports from CICAM and Custody.
Academic and Professional Requirements
Education
Bachelor’s Degree University Degree in Business related studies or equivalent Professional from a reputable university
Professional Qualifications
CPA, CIFA, CISI or equivalent
Experience Required:
2 years Relevant experience
Closes: June 3, 2024
Apply via :
ke.cicinsurancegroup.com
