Placement: Northern Suburbs (Cape)
Ref No: Intern-30-09
Work Level: Student/Graduate
Job Type: Contract
Remuneration: Market Related
Duration: 9 – 12 Months
EE Position: Yes
Role purpose
To support the fund administration team in delivering accurate and timely processing of investment transactions, reconciliations, and reporting. The intern will gain exposure to the operational aspects of managing investment funds and contribute to the smooth functioning of daily activities.
Key Responsibilities
- Assist with daily transaction processing, including trade capture, cash movements, and corporate actions.
- Support reconciliation tasks between internal systems and external custodians or fund managers.
- Help prepare client reports, NAV calculations, and performance summaries.
- Participate in data validation and quality checks to ensure accuracy.
- Maintain and update fund documentation and records.
- Collaborate with team members to resolve queries and support client servicing.
- Attend team meetings and contribute to process improvement initiatives.
- Handle ad-hoc requests efficiently as requested by management.
- Ensure all additional tasks are completed accurately and in a timely manner
A year at our business sees candidates:
- Obtain exposure to investment instruments (equities, bonds, derivatives).
- Develop an understanding of fund structures, compliance, and regulatory requirements.
- Receive hands-on experience with fund accounting systems and reconciliation tools.
- Develop analytical, communication, and teamwork skills.
- Receive on the job training under the guidance of an assigned mentor
- Form part of an accredited training programme resulting in an additional qualification at the culmination of the programme
- Earn a monthly income that is higher than the prescribed stipend
Qualifications
- Have completed their studies in 2024, or currently pursuing a degree in Finance, Accounting, Economics, or related field.
- Strong attention to detail and numerical accuracy.
- Good communication and problem-solving skills.
- Proficiency in Excel and basic data handling.
- Willingness to learn and adapt in a fast-paced environment
COMPLETE YOUR ONLINE APPLICATION HERE
We provide a comprehensive investment administration service for Life and Life Wrapped unitised pooled products, Pension/Retirement Funds, Medical Aid Funds, Collective Investment Schemes and Hedge Funds.
