Overview
Investment Operations Administrator Jobs in Cape Town, South Africa at Rory Mackie & Associates
Overview:
Our client is an asset management company, licensed and regulated by the GFSC, and has been in operation for over 30 years. They work with high-net-worth private clients, family offices, trusts, and institutions, offering products such as funds of hedge funds, bespoke managed accounts, and an Equity UCITS fund. With offices in Guernsey, London, Cape Town, and Singapore, they act as the investment manager and administrator for a range of managed accounts, as well as managing a PCC structure in Guernsey and a fund structure in the BVI.
The majority of their investment activities involve hedge and alternative investments, allocating capital to unitised third-party hedge funds. Total assets under management are approximately $3.2 billion.
This role would require the successful individual to work within a highly experienced operations team. The position involves supporting the London based portfolio managers, assisting with the day-to-day administration of cash control, subscriptions and redemptions into the relevant funds, processing equity trades and hedge fund subscriptions/redemptions, reconciliations, client valuations and pricing.
Responsibilities:
Maintaining daily pricing
Retrieving pricing from inboxes and websites to ensure a daily track of pricing is maintained and monthly reviews of pricing are done
Assisting with the administration of clients
Making payments, instructing foreign exchanges etc.
Fund Valuations
Assisting the team with valuation review of Funds. Reviewing investment restrictions on a monthly basis for the funds
Liaising with Fund Administrators / Custodians / London Office
Ensuring timely instruction and settlement of trades, transfers and client instructions
Monthly Dealing
Assisting the team with the monthly dealing cycle
Confirmation of Funds received
Ensuring accurate recording of all cash received and associated source of funds information
Requirements:
At least 3-5 years’ experience in an administration role, preferably with a good understanding of funds. An investment accounting / daily trading / unitisation role would be ideal
Be conscientious, have initiative and be able to work reasonably autonomously after the initial training period
Have an understanding of trading / banking facilities / forex arrangements / markets
Have an aptitude for numerical work and strong computer skills, especially Excel
APX/Invet One/Fundamentals experience – i.e. understand and be familiar with working on investment accounting systems
Title: Investment Operations Administrator
Company: Rory Mackie & Associates
Location: Cape Town, South Africa
Category: Finance & Banking (Financial Consultant, Financial Analyst)
