Job Description

To build an independent Master Investment Record for the Board of Trustees, Chief Executive Officer, and Chief Financial Officer of Institutional Clients such as Retirement Funds, Medical Aid Schemes, and Insurance Funds from Standard Bank Group’s Investment Administration Product Suite.

Description of the Investment Administration Product:

• Governed by Product Guide and delivered in accordance with Client Service Level Agreements.
• Caters for end-to-end Investment Reporting across Investor Services Client Segments (Retirement Funds, Life Insurance co., Medical Aid Schemes).
• Investment Administration Reporting includes - Accounting, Mandate and Regulatory Compliance, Investment Performance and Risk Measurement.
• Investment Reporting is built from independently compiled investment records on a dedicated Investment Administration Platform.
• Investment records are sourced from Custodians and / or Asset Manager.
• Investment records are produced up to Trial Balance level, and forms underlying source data which Clients use for compiling Financial Statements and other Regulatory Reporting.
• External stakeholders - CFO, Financial Managers, Principal Executive Officer, Client’s external auditors.
• This an outsourced service offering and is seen as an extension of the Client’s Finance Team, whereby we are feeding investment data and reporting into their downstream processes to compile Interim and Annual Financial Statements and the annual External Audits.
• Internal stakeholders - Executive Head of Investor Services, Head of Investor Services Operations, Head of Fund Services Operations, Product, Business Development & Sales, Operations Risk and Compliance, Internal Audit.

Qualifications

Minimum Qualifications

• Must be a CA(SA)

Experience Required

• Advanced fund accounting/investment reporting and asset management and / or support capability with seasoned technical accounting experience
• Demonstrated ability to build constructive internal and external relationships to continuously improve the client experience.
• Demonstrated experience identifying and understanding risk (financial, reputational, regulatory, credit and documentary risks) as it relates to various financial markets instruments and an understanding of the required reporting process.
• Demonstrated ability to effectively lead and manage a team including managing and influencing productivity within changing environments.
• Demonstrated experience in interpretations of regulatory and Accounting Statements in relation to Clients’ investments.

Additional Information

Behavioral Competencies:

• Articulating Information
• Challenging Ideas
• Embracing Change
• Examining Information
• Interacting with People
• Interpreting Data
• Making Decisions
• Meeting Timescales
• Producing Output
• Providing Insights
• Team Working
• Upholding Standards

Technical Competencies:

• Client Relationship Management
• Continuous Improvement
• Financial Accounting
• International Market Knowledge
• Local Market Knowledge
• Product Knowledge (Business Banking)
• Project Management (Project Mgmt)
• Risk Management