South Africa Job Openings
Sanlam
International Operations Officer
FULL TIME
October 24, 2024
Who we are?
Sanlam Private Wealth crafts customised investment portfolios for high-net-worth private clients, charitable institutions, trusts and corporate entities.
With assets under management and administration of more than R151 billion, we offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading.
At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion – individuals who thrive in an entrepreneurial, high-energy environment.
Sanlam Private Wealth is part of the Sanlam Investments Group, a leading investment and wealth management business in South Africa, Sub-Saharan Africa, Australia and Europe.
What will you do?
- Review and reconcile the settlement of offshore equity scrip positions held at different custodians.
- Process entries to resolve reconciliation breaks.
- Process cash payments, fees and invoices for payments as required.
- Facilitate transfers between settlement locations, where required.
- Monitor trades to ensure straight through processing settlement into back-office administration system.
- Liaise with counterparty contacts, internal stakeholders and third-party service providers (where necessary) to resolve reconciliation breaks.
- Prepare reporting on offshore cash and scrip reconciliations for management reporting.
- Respond to queries from business regarding cash and scrip reconciliations.
- Communicate reconciliation breaks and issues that may impact trading and client reporting to other operations divisions and business.
- Suggest and implement process enhancements to improve efficiency.
- Participate in improvement initiatives and projects in the team, business unit and companywide as required.
- Update and maintain process documentation (eg. standard operating procedures, checklists) for reconciliation function.
- Assist and train other team members when required.
Qualification and Experience
- Tertiary qualification in Business, Finance or Economics.
- Relevant working experience in a similar role.
Personal Qualities
- Self-motivated, proactive, taking ownership of problems until they are resolved.
- Mature person with the sense of responsibility to do after hours
- Strong numerical orientation
- Highly organized with a high level of customer focus
- Accurate and detail orientated
- Critical and analytical capability
- Ability to perform well under pressure and show maturity, confidence and resilience
- Excellent listening, communication and interpersonal skills
- Pro-Active approach to work, clients, problem solving
- Learning agility and curiosity
- Assertive
- Passionate ownership for results
Knowledge and Skills
- Extensive Financial Service / Fund Administration experience preferred
- Deep understanding of international financial markets with a particular focus on equities
- Detailed understanding of the Private Client business and the stock-broking environment
Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as Mi Way and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Being resilient - Contributing through others
Collaborates - Contributing through others
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
- To be considered for the above opportunity please upload your detailed CV on or before 06 November 2024.
- Please note that if you are not contacted within 2 weeks after the closing date your application has been unsuccessful.
Our commitment to transformation
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and achieving great things. We pride ourselves in helping our employees to realise their worth.
Through its business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Mi-way, as well as the Group Office – the Sanlam Group provides many opportunities for growth and development.
Through its business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Mi-way, as well as the Group Office – the Sanlam Group provides many opportunities for growth and development.
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