Duties & Responsibilities
Market Data
- Ensuring that the daily instrument valuation/pricing and exchange rate processes run accurately and timeously.
- Ensuring that instrument price files are received from all local and foreign sources (exchange and vendor data).
- Liaising with data vendors (e.g., JSE/Bloomberg) on data quality and other queries (e.g., valuation).
- The setting up of system parameters in Markit (MDS) for certain instruments as and when they are created by the front office team.
- Collaboration with the relevant IT domain teams to maintain, develop and enhance the market data infrastructure to keep systems up-to-date and efficient.
- Monitoring the end-of-day price reconciliation process and investigating any identified price/valuation discrepancies.
- Managing and maintaining data contracts and vendor relationships.
- Managing the benchmark data processes, including:
Creation of benchmarks as required by the Performance team.
- Sourcing and scrubbing of daily and monthly benchmark data files.
- Managing validation exceptions of benchmark data when required.
- Maintenance of benchmark static data.
Institutional Data Management
- Creation of instruments as required by the front or middle office teams.
- Portfolio creation and classifications.
- Maintenance of instrument static data for upstream and downstream usage.
- Reconciling static data to market sources to ensure accuracy and consistency in data across all internal systems.
- Investigation of instrument data inconsistencies and validation errors.
- Monitor the BOD (beginning of day) processes.
- Monitoring of communications from data vendor regarding any changes that may affect the fund pricing process and informing other business teams where necessary (e.g., Corporate Actions, Trading, Fund Accounting).
- Daily monitoring and updating of instrument classifications used for reporting.
Additional Activities
- Assisting with month-end pricing across all portfolios.
- Calculating daily interest coupon accruals.
- Monitoring and answering queries from the Institutional Data Management and Investment Accounting email queue.
Involvement in initiatives/project work that seeks to simplify and create efficiencies in existing processes.
Desired Experience & Qualification
- Chartered Accountant or
- B Com or equivalent degree - Higher Diploma or Honours will be an advantage
- A minimum of three years of experience in asset management (FS articles experience counts)
- Must have a strong technical understanding of instrument valuation and pricing
- Experience in working with the following systems would be advantageous:
- IHS Markit
- A history of strong performance.
- Strong numeric ability and a questioning mind
- Accuracy and attention to detail
- A self-starter with the ability to create efficient processes and controls
- Ability to operate independently as well as in a team environment
- Interpersonal and communication skills to build and maintain strong working relationships with relevant stakeholders, both internally and externally, and to defend an opinion with rationale and logic
- Ability to accept responsibility for all tasks done
- Good time management skills, and the ability to manage heavy workloads and multiple tasks – work flexible hours, particularly in the event of market vendor issues as well as follow a shift work schedule.
- Excellent analytical and problem-solving skills
- Very disciplined and methodical style of working
Determined, engaged and persistent proactive “can-do” attitude that inspires others to do great work.
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