WHAT IS THIS POSITION ABOUT?

The Fund Dealing Services team supports the end-to-end trade lifecycle for clients that invest in managed funds (unlisted unit trusts), including account opening, trade management, reconciliations and pricing.

DESIRED KNOWLEDGE, SKILL, EXPERIENCE

Degree qualified in Business, Accounting or related discipline; or relevant work experience in a similar role preferable.

Trade Management
Processing of application and redemption instructions for clients investing in managed funds
Generation of payment instructions before daily cut-offs
Timely translation of trade data into the accounting system
Settlement of trades in accounting system
Reconciling cash balances of statement to ledger
Reconciling unit differences between external registry to ledger
Processing in accounting system of periodic transactions (management fees/rebates)
Responding to client and Fund Accounting queries
Month End Reporting
Month-end unit reconciliation for all clients’ managed fund holdings
Communication with registries to confirm unit holding balances
Data entry of data compiled in reconciliation template
Generation of reporting and statistical data for internal and external clients
Pricing
Monitoring daily market price delivery from Vendor, validate price movement based on FDS benchmarks
Manual price update in unit pricing and indexation system (UPI)
Monitoring periodic EX prices delivery from Vendor, validate and process EX prices, DIV and DRP in a timely manner
Pricing exemption procedures process
Pricing static data set up and maintenance
Responding to internal and external stakeholders’ query