Job Purpose
The role holder is responsible for all the operational aspects of the Asset Management business in relation to the management of all clients’ accounts and update of the asset management core operating system and ensures compliance with the department’s standard operating procedures for all transaction processing and execution. S/he holds the primary responsibility for ensuring transactions are settled and completed and that all documentations are in place and properly stored.
Key Delivarables
Client Servicing
Act as the primary interface between the investment department and all internal and external counterparties (Internally; Fund Accounts, Benefit Payments and Contributions Processing departments, and externally, all transaction counterparties and custodians)
The Investment Operations Officer ensures compliance with the department’s standard operating procedures for all transaction processing and execution
S(He) has primary responsibility for ensuring transactions are settled and completed and that all documentations are in place and properly stored
In addition, the Investment Operations Officer is responsible for day-to-day administrative duties of the department e.g. maintaining and updating credit rating register, corporate actions register, Service Level Agreements with counterparties, portfolio exposure limits, counterparty exposure limits etc
SLA monitoring and corrective/improvement actions tracking
Confirm all previous day’s transactions and other expected inflows across all funds; advice portfolio management team as appropriate
Maintain investment team archives; ensure all transaction justifications, instructions and confirmations are prepared and received when due and are filed correctly and easily retrievable
Follow up outstanding issues and handle customer’s enquiries in a timely and professional manner
Risk Management
Proactive identification and mitigation of risks and issues relating to the operational aspects of the Asset Management business
Track and report on actions identified
Required follow laid-down regulations, policies and procedures as well as operate within system parameters and internal controls at all times
People
Develops and maintains an open communication channel with the team and supports staff to foster greater co-operation and teamwork
Ensures alignment to the P&C standards with regards to all employee-related matters for own team
Embraces all areas of the Bank’s Equality and Diversity agenda
Determines and guides performance in consultation with P&C Business Partner, and in alignment with SBG guidelines
Governance Risk, Regulatory, Prudential and Compliance
Maintain awareness of current and future legislative regulations to ensure timeous and appropriate product compliance
Maintain awareness of the Group’s policies and procedures to ensure operational product compliance
Business Efficiency
Assists with the resolution of operational issues for the Asset Management business
Identifies business challenges and drive process efficiencies to improve service delivery and TAT in line with set Service Level Agreements
Qualifications
Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Business Commerce
Experience Required
Settlements
Operations
3-4 years experience in a busy operations processing environment with specific experience in processing of investments related client transactions
Additional Information
Behavioral Competencies:
Articulating Information
Checking Details
Documenting Facts
Embracing Change
Following Procedures
Generating Ideas
Interacting with People
Interpreting Data
Managing Tasks
Meeting Timescales
Producing Output
Upholding Standards
Technical Competencies:
Data Analysis
Data Management (Administration)
Deal or Trade Life Cycles
Exception Handling
Local Market Knowledge
Product and Services Knowledge
Apply via :
www.standardbank.com
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