Asset Management Operations Officer at ICS Outsourcing Limited

ICS Outsourcing is Nigeria's pioneer Human Resource Outsourcing Company. We are on a mission to provide world-class human resource solutions, using experts while creating value for our shareholders and opportunities in the community

We are recruiting to fill the position below:

Job Title: Asset Management Operations Officer

Location: Lagos
Employment Type: Full-time

Purpose

• The operations analyst is responsible for overseeing and optimizing the operational processes related to managing financial assets.
• Key duties include trade settlements, managing portfolio reconciliations, risk management, regulatory compliance and collaborating with various teams for operational efficiency.
• In addition, the officer will be required to develop operational processes and policies to support the business, address discrepancies in operational data and communicate effectively to internal and external stakeholders.

Responsibilities
The successful candidate will be responsible for:

• Timely and accurate processing of investment trades and redemption payment
• Identifying inflows into bank accounts and collation of identified inflows for subscription advise
• Collating redemption requests and advising the portfolio management team accordingly
• Cancelling and creating units/investments on the asset management software
• Preparing daily valuation for all portfolios
• Managing the reconciliation of portfolios to ensure completeness, accuracy and identifying discrepancies or errors and resolving them promptly
• Monitoring and managing portfolio cash positions
• Staying informed about corporate actions affecting investments and coordinating necessary adjustments to portfolios
• Collaborating with Finance in the preparation of income and statutory reports
• Collaborating with client services teams to address inquiries and provide accurate information regarding portfolio positions, transactions and preparing confirmation of investments
• Fostering effective communication channels within the operations team and collaborating with other departments including Business Technology to resolve operational and technical issues
• Continuously identifying opportunities for process improvement, implementing changes to enhance efficiency and reduce operational risk and overseeing the integration and optimization of technology solutions
• Maintaining comprehensive and up-to-date documentation of operational procedures and processes to ensure transparency and compliance
• Ensuring compliance with relevant regulatory requirements, internal policies, and industry standards in all asset management operations
• Any other tasks that may be assigned from time to time

Qualifications and Experience

• Bachelor's Degree in Finance, Statistics, Mathematics, Economics, Accounting, or other Relevant Discipline
• Professional Qualification (ICAN, ACCA, ACS) will be an added advantage
• Minimum of three years’ experience in Fund Administration and/or Fund Operations working with an Asset Management firm
• Knowledge of Markets and Regulations (SEC, FIRS, NFIU, NGX and FMDQ)
• Demonstrable Asset Management background, knowledge and understanding of the Capital Markets.

Salary
N350,000 - N450,000 / month.

Application Closing Date
20th March, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.