About the position
Our client, based in the CBD, is seeking a NAV Oversight Team Member to join their team. You will be primarily responsible for the NAV Oversight of the company's mutual funds, domiciled in various jurisdictions globally.
Key Responsibilities:
- Confirm the accuracy & reasonability of daily priced funds and daily yields on constant NAV portfolios.
- Be responsible for daily review and oversight over cash balances and cash, scrip & NAV reconciliations, and assist in resolving reconciliation breaks.
- Calculate and review of income distributions, yields, management fees, performance fees, fund expenses, TERs and transaction costs.
- Have oversight of and assisting in the preparation of fund-related regulatory and industry reporting in South Africa and the UK
- Assess and review KPIs and overall service level of the administrator, in terms of the agreed SLAs.
- Maintain relationships with investment teams, client groups and collaborate with other operations functions across the business.
- Understand, resolve and respond to queries in an effective manner.
- Develop, implement and maintain effective systems, processes and procedures to ensure service standards are met, reducing risk and improving efficiency.
- Ongoing maintenance of procedures documentation.
Qualifications and Experience:
- CA(SA) or equivalent professional qualification
- At least 2 - 3 years’ experience in the financial services industry
- Experience in and the understanding of fund pricing processes and the mutual funds industry a distinct advantage
Key Attributes:
- The ability to ‘approach and own’ and continuously look for opportunities to develop
- A client focused and collaborative approach
- Intellectual curiosity
- Ambition, balanced with decency and humanity
- Ability to analyse, interpret and assimilate information
Desired Skills:
- NAV Oversight Team Member
- Finance
- Investment
