Specialist: Ops DueDil&RiskO/sight Anlys at Liberty Group South Africa

Purpose

• Manages day to day Alternative Operations and Operational Due diligence activities of the business.

Minimum Experience

• 2 - 3 years experience in a similar environment

Minimum Qualifications

• Honours [NQF Level 08] in Finance Economics and Accounting

Additional Minimum Qualifications

Outputs

Process

• Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.
• Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
• Plan for own task execution and advises on improvements related to area of specialisation.
• Creates detailed on-site due diligence plan to cover specific risk area identified.
• Identifies areas of risk and concern and liaises with asset manager to provide additional supporting documentation.
• Compiles and completes a detailed risk matrix according to the ranking methodology used to classify risks.
• Formulates a detailed Client Risk Management Plan for corrective actions to be monitored on an ongoing basis to ensure the risks are being mitigated.
• Ongoing management of the internal Vendor Management Framework. This includes the measurement of SLA deliverables for all vendors and the relevant MIS to report on vendor performance.
• Accurate and timeous trade implementation on Charles River for internal Alternative funds on the Liberty Balance sheet.
• Continual oversight of Off-Balance sheet Alternative funds including oversight of external Mancos and administrators for the funds. and signs off monthly NAVs.
• Follows up on all FX confirmations dealt by Trade Processing team and accurate recording of FX details on FX register.
• Continuously updates Risk Register for all operational business processes and performs quarterly self-assessments on the processes to ensure all risk are identified and adequate controls in place to mitigate such risks.

Customer

• Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.

Finance

• Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation.
• Completes calculations for monthly revenue billings for circulation to Finance.

Learning and Growth

• Contribute positively to own area-specific knowledge improvement associated with area of specialisation.

Governance

• Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary.