Senior Administrator - Dealing & Settlements

Posted One Month Ago
Be an Early Applicant
House, MS, USA
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
Performs daily and monthly fund-of-funds dealing and settlements activities, including cash transactions, payments, transfers, trade capture, confirmations, subscriptions, and redemptions. Ensures accurate, timely execution and authorization of transactions while following operational controls. Requires strong financial services, financial instruments, accounting, audit, systems, and trade-cycle knowledge, along with meticulous attention to detail and the ability to work under pressure.
Summary Generated by Built In

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

Senior Administrator - Dealing & Settlements

Cape Town

Description

The Senior Administrator - Dealing and Settlements will be responsible for performing daily and monthly tasks of the Dealing and Settlements desk.

Job specification

  • To perform the duties of theDealing and Settlements function as outlined by the operating processes around Fund of Fund Dealing and Settlements and off-market trade instructions.
  • For cash instructions, prepare and ensure accurate and timely execution and authorization of:
  • Cash related transactions for investor fund of fund subscriptions.
  • Payment of expenses.
  • Third party cash transfers.
  • All other Cash Administration payments done both manually and on on-line banking platforms.
  • For trading transactions, on receipt of appropriate instructions; prepare, capture and confirm trades and trade instructions.
  • Ensuring accurate and timely execution and authorization of:
  • Unit Trust investments and redemptions through trading platforms.
  • Hedge fund of fund subscriptions and redemptions.
  • Ensure appropriate follow up for confirmation of transaction

    Skills Required:

    • A tertiary qualification and minimum 3+ years applicable experience or 4 years operational experience.
    • Excellent financial services process & product knowledge.
    • Excellent knowledge of financial instruments.
    • Experience on Dealing and Settlements activities is compulsory.
    • Good understanding of cash and trade instruction cycles.
    • Good knowledge of systems and systems control environments.
    • Good accounting and audit experience.
    • Knowledge of risk management processes an advantage.
    • Good communication, documentation and presentation skills.
    • Be able to “think outside the box” and adapt to changing requirements.
    • Be meticulous and have a high attention to detail.
    • Be calm and stay focused in stressful/high pressured situations.

    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.

    For more information on our commitment to Corporate Social Responsibility (CSR) please https://www.apexgroup.com/corporate-social-responsibility/

    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.

    Skills Required

    • Tertiary qualification
    • At least 3 years of applicable experience or 4 years of operational experience
    • Financial services process and product knowledge
    • Knowledge of financial instruments
    • Experience in dealing and settlements activities
    • Understanding of cash and trade instruction cycles
    • Knowledge of systems and systems control environments
    • Accounting and audit experience
    • Risk management process knowledge
    • Good communication, documentation, and presentation skills
    • Ability to adapt to changing requirements
    • Meticulous attention to detail
    • Ability to remain calm and focused under pressure

    Apex Group Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Apex Group and has not been reviewed or approved by Apex Group.

    • Flexible Benefits — Flexible benefits are positioned as being tailored by country, with localized packages and perks that can differ by jurisdiction. Mobility options such as the JUMP program add a non-cash element that can increase the perceived total rewards value for those who can access it.
    • Wellbeing & Lifestyle Benefits — Wellbeing support is described as including EAPs, mental-health workshops, mentoring support, and local lifestyle perks like gym or cycle-to-work schemes. These offerings broaden the benefits mix beyond purely financial rewards.
    • Retirement Support — Retirement support is described in at least one jurisdiction as including an employer match structure and an additional automatic contribution after tenure. This can strengthen the non-salary portion of total compensation where offered.

    Apex Group Insights

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    The Company
    7,423 Employees
    Year Founded: 2003

    What We Do

    We are a single-source financial solutions provider dedicated to driving positive change while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices around the world. Established in Bermuda in 2003, we have continually disrupted the industry through our investment in innovation and talent. Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. As a pioneering data and fintech-enabled company, we are a disruptor driving digital tools into fund and asset servicing. However, our vision to drive positive change extends beyond the industry. The Apex Foundation, a not-for-profit entity, is our passionate commitment to empower sustainable change

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