DUTIES AND DAILY RESPONSIBILITIES:
Strategic leadership
Managing the Valuations Committee and overseeing the Valuations Policy.
Provide strategic direction and leadership to the centralized Valuations team;
Collaborate with senior management to ensure valuation processes are aligned with regulatory requirements
Team Management
Lead, manage, and develop a team of valuation professionals, providing guidance, coaching, and mentoring
Ensure effective communication, coordination, and workflow management within the team.
Foster a culture of excellence, innovation, and continuous improvement.
Corporate Actions:
Oversee the processes and controls for processing and valuing corporate actions accurately and timeously, including mergers, acquisitions, spin-offs, capital repayments and dividend payments;
Assisting the team with the interpretation of complex corporate events;
Instrument Pricing:
Overseeing the processes and controls for the valuation of financial instruments including listed and unlisted equities (local and foreign), bonds, derivatives, pooled products, segregated portfolios, and alternative investments such as private equity and debt structures;
Ensure accurate and timely pricing, using market data, pricing models, and other relevant sources and ensuring instruments are priced according to the valuations policy.
Overseeing the design/automation of exception reporting.
Portfolio Pricing:
Overseeing the processes and controls for the valuation of life portfolios, pooled portfolios, segregated portfolios, collective investment schemes and exchange traded funds;
Overseeing the use of benchmarks in portfolio return controls;
Overseeing the design and/or automation of exception reporting.
Risk Management:
Identify, assess and mitigate risks relating to the valuations processes and controls.
Incident management and reporting.
Collaborating with Risk Management team to ensure alignment with overall risk management framework
Regulatory Compliance:
Ensure compliance with relevant regulatory requirements;
Collaborate with Legal and Compliance team to ensure alignment with overall compliance framework
Process Improvement:
Continuously review and improve valuation processes, systems, and controls;
Identify and implement process improvements, including automation and re-engineering.
Collaborate with internal stakeholders to ensure alignment with overall process improvement initiatives.
Technical Expertise:
Maintain up-to-date knowledge of valuation methodologies, accounting standards, and regulatory requirements;
Provide technical guidance, interpretation and support to the valuations team;
Stakeholder Management:
Communicate with stakeholders, including internal and external clients, asset managers, local and foreign custodians, regulators, data providers and auditors.
ROLE QUALIFICATIONS & EXPERIENCE
A successful candidate must have:
Bachelor’s degree in finance or accounting;
Postgraduate degree or diploma in relevant field could be advantageous.
CFA
CORE COMPETENCIES REQUIRED:
A successful candidate must have:
Minimum 8 – 10 years of experience in the asset management and/or fund administration industry with a focus on valuations;
Proven leadership experience, including managing teams
In-depth knowledge of the asset management industry and the different financial instruments
Proficiency in Excel (Power Query advantageous)
Effective communication and interpersonal skills essential;
Strong analytical and problem-solving skills are required for complex queries;
Time management and organisational skills are required to manage multiple projects and deadlines, and prioritise tasks effectively
Self-motivated with the ability work autonomously and drive projects and initiatives forward.
Sygnia is committed to transformation. Consideration will be given to our Employment Equity Plan when considering candidates for this position.
FOR MORE INFORMATION:
Email: recruit@sygnia.co.za
Should you not hear back from us in 14 days, please consider your application unsuccessful.
Disclaimer:
Please be advised that your personal information shared on your resumes will only be used as part of the Sygnia recruitment process for the role applied for. It will not be shared with any third parties for any other reason.