EMPLOYMENT EQUITY POSITION!

Work for one of the top Wealth Managers in South Africa! Our client consists of leading investment and wealth management businesses in South Africa, Sub Saharan Africa, Australia and Europe. They are a specialized investment house that manages assets for affluent private individuals, charitable institutions, cultural organizations and similar entities with investable assets of more than R1 million.



Qualification:

Tertiary qualification (with Finance / Accounts) will be advantageous

Knowledge of the Private client business and the stock-broking environment

Experience within a financial services industry is essential

Corporate Actions knowledge and experience will be advantageous



Skills & Experience:

Accounting or Bookkeeping background would be beneficial

Preferable experience in stockbroking and private client administration

Knowledge and experience working on the BDA system would be a distinct advantage

JSE Registered Traders exam would be an advantage

Proficient in MS Office

Previous experience within with Private Wealth industry will be advantageous

Fully bilingual (English and Afrikaans)



Job Description:

Management of admin according to set standards and procedures:

Managing suspense accounts

Collating Corporate Supervise payments and journals

In and outflow schedule

Score and upfront fee schedule weekly

Intermediary fee queries

Brokers notes and PDCLOP (ERD Report)

Checking “at home” positions

Review and distribute safe custody fees

Leadership of the admin team:

Attend to HR related issues

Assist BM with integration in the branch

Set achievable objectives for the Admin team

Be a positive, fair and sincere leader

Ensure sufficient resources are always available to service clients

Monitor performance and task completion

Quality, accuracy and deadlines

Plan ahead for future requirements – innovative and strategic planning

Staff development and training

Empower team members to take responsibility

Reviewing activities and initiating corrective action:

Review daily transactions and BDA reports (AHDIM, PHDIM, SHDLS, and CLVER)

Supply Branch Manager and Compliance with related information (i.e. misdeal forms, future positions etc.)

Manage the Debit List (monthly)

Age analysis – daily management of this process by proactively liaising with FC/ Assistants and clients if needed

Logging complaints on CURA

New Accounts:

Signing off mandates

Review all new client documents for completeness (FICA, mandate, fees etc.)

Supervise outstanding FICA and mandate blocked list

Implement structures and manage progress

Supervise Paper trail

Initiate workflows

Disapproved mandates

Re-activation of dormant accounts – FICA compliance

Admin Managers team:

Active participation and contribution to the goals set for the admin managers’ team members

Management of Stakeholder Relationships

Clients

Portfolio Managers

Branch Admin Team

Corporate Teams

General:

All client queries

Bank recon

Functions – invitations, RSVP's and organizing

Month end account closures