Administrator, Middle Office

Hedge | South Africa

Administrator, Middle Office

Administrator, Middle Office

Job Title

Hedge Funds

Hedge Funds

Business division

South Africa

South Africa

Location

Role summary

Manage the workflow from Fund Managers and Prime Brokers to produce daily soft NAV’s as well as other reporting such as Profit & Loss and mandate compliance.

Key responsibilities

The role above will be responsible for the following specific duties:

  • Load new securities into the Middle Office systems;
  • Load corporate actions into the Middle Office systems;
  • Daily reconciliations of trades;
  • Daily reconciliations of positions;
  • Foreign exchange settlements;
  • Produce and disseminate daily reports to Fund Managers;
  • Settle failing transactions either on custodial portals or via e-mail;
  • Daily cash management for funds and
  • Liaise with Fund Managers & Prime Brokers.

Skills / experience requirements

  • A Bcom or Bsc graduate, preferably in Accounting, Finance or equivalent;
  • A Good working knowledge of the Financial Securities market including language, instruments and their mechanics;
  • One to two years’ experience in similar area preferable;
  • Working knowledge of Fixed Income and Equity Instruments is preferable;
  • Very Proficient at Excel;
  • Able to work under pressure;
  • Numerate and accurate and
  • Analytical/ troubleshooting skills.

Next steps

If you are interested in this role or have any questions, please click here.

  • About us

    SANNE is a leading global provider of outsourced alternative fund and corporate administration services.

  • Our services

    SANNE provides clients across the globe with a wide range of complementary business services, focused on two core areas: alternative asset services and corporate and private client services.

  • Our approach

    We understand that each client relationship has a unique set of requirements and expectations; that is why our client service teams are handpicked and tailored to fit the specific and evolving needs of each client.

  • Thought leadership

    At SANNE, we collaborate and share our knowledge and best practice with those we value. These are the things that make the difference.

  • Our people

    We work with talented people. It’s their deep expertise, knowledge and collaborative nature that differentiates us. We see things differently.

  • Global locations

    Our offices are spread across three global regions: The Americas, EMEA and Asia-Pacific.

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