Specialist - Asset Allocator

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Specialist – Asset Allocator Operations

Cape Town

The role involves supporting the end-to-end delivery to clients in the Asset Allocator Operations team. The individual will be required to assist the team with daily deliverables as well as any ad-hoc queries and projects, mainly focused on Asset Allocator (Replication) Fund administration and Accounting.

Job specification

• Monitoring and assisting with service delivery by the team in terms of SLA and managing clients’ expectations;

• Owning and running with queries and ad-hoc deliverables issues arising from operations;
• Full daily support for the team and the Manager;
• Coordination of team deliverables relating to projects and new client take-on;
• Providing mentorship and motivation to staff and ensuring that appropriate knowledge sharing and skills training are given;
• Responsibility for resolving issues that have been escalated by the team or clients;
• Ensure oversight responsibilities and team allocations are managed effectively;
• Record statistics regarding recon exposures for risk management;
• Responsibility for managing risk in the team's daily activities, by reviewing processes and ensuring that adequate controls are in place to mitigate risk;
• Assessing opportunities for improved efficiencies and reduced overhead in existing processes, including new technologies and tools;
• Build and maintain strong working relationships with external clients regarding matters relating to deliverables;
• Build and maintain strong working relationships with internal operational teams;
• Ensure that the SLA is adhered to for external and internal clients.

Skills Required

• B.Com or similar tertiary business study and at least 3 years of experience in Asset Management portfolio administration;
• Minimum of 4 years of working experience;
• Experience with reconciliation processes and oversight thereof;
• Sound knowledge and experience of back-office administration processes;
• Solution orientated & strong problem-solving skills;
• Practical hands-on approach and the ability to ‘get things done’;
• Strong business acumen with excellent numeracy and a logical and analytical approach;
• Acts with the client in mind;
• The ability to think independently, solve problems, and have a hands-on mentality;
• A systematic work method and attention to detail;
• Embraces complexity to deliver simplicity and value;
• Strong Communication skills (written and verbal);
• Flexibility to work based on operational requirements, which may result in non-standard working hours from time to time.

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business;
• Competitive remuneration commensurate with skills and experience;
• Training and development opportunities

Additional information

We are an equal opportunity employer and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity, marital status, race, color, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependents, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.