About the Role

Reporting to the Head of Investments Operations, the role involves managing proper trade settlement with custodian custodians, settlement of corporate actions across portfolios as well as daily reconciliations of unit trust purchase transactions, cash and assets

Key Responsibilities

• Ensuring trades, allocations and settlements are executed accurately on custodian statements.
• Review all daily entries to verify the correctness of the captured data and advise on required actions.
• Update NSE prices and exchange rates in our core Fund management system.
• Identify and follow up on un matched transactions and make follow ups with the custodian and inform fund administrators (retail transactions) as well as the dealers
• Reconcile daily m-pesa purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
• Reconcile daily bank purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
• Prepare and record monthly reconciliation reports of all the unit trust purchases
• Tracking and processing of Corporate Actions
• Monthly portfolio holdings reconciliation of funds
• Portfolio performance computation
• Agent commission population and reconciliation
• Preparation of payments of Custody and Trustee fee invoices and keep records for finance payments of VAT withheld
• Resolve queries/complaints on interest, commission, valuation, tax
• Assist in process improvements and System tests for new updates.
• Creating products-Creating and onboarding new clients upon successful tenders and RFPs in the fund management system
• Files the monthly portfolio valuation reports from CICAM and Custody.

Qualifications

• Bachelors Degree in Business Related Studies
• CPA, CIFA ,CISI
• Minimum of 3-years relevant experience.
• Candidates with experience in fund management and banking sector are highly preferred

• Ensuring trades, allocations and settlements are executed accurately on custodian statements.
• Review all daily entries to verify the correctness of the captured data and advise on required actions.
• Update NSE prices and exchange rates in our core Fund management system.
• Identify and follow up on un matched transactions and make follow ups with the custodian and inform fund administrators (retail transactions) as well as the dealers
• Reconcile daily m-pesa purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
• Reconcile daily bank purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
• Prepare and record monthly reconciliation reports of all the unit trust purchases
• Tracking and processing of Corporate Actions
• Monthly portfolio holdings reconciliation of funds
• Portfolio performance computation
• Agent commission population and reconciliation
• Preparation of payments of Custody and Trustee fee invoices and keep records for finance payments of VAT withheld
• Resolve queries/complaints on interest, commission, valuation, tax
• Assist in process improvements and System tests for new updates.
• Creating products-Creating and onboarding new clients upon successful tenders and RFPs in the fund management system
• Files the monthly portfolio valuation reports from CICAM and Custody.

• Trade settlement
• Corporate actions management
• Portfolio reconciliations
• Fund management system
• M-pesa reconciliation
• Bank reconciliation
• NSE price updates
• Exchange rate updates
• Query resolution
• Process improvements
• System testing

• Bachelors Degree in Business Related Studies
• CPA, CIFA ,CISI