Market Data Administrator

Description

Location: Cape Town, South Africa
Date Posted: Apr 25, 2023

Description

The Role

The main functions of Market Data are Trade File Uploads, Security Master Data Integrity, Security Pricing, and maintaining a complete and up to date Corporate Actions listing in Paxus. We act as the main support group for the Accounting & Valuations (A&V) department. Will be responsible for day-to-day loading and exception handing of various funds.

Key responsibilities

• Download, format and enter trade files from Prime Brokers and other various web portals.
• Find prices for securities that aren’t captured by the accounting system and enter them into the accounting system
• Liaise with fund accountants when there are pricing/trade issues
• Enter and confirm details of new securities into accounting system
• Enter and confirm details of new corporate actions into accounting system
• Assist in checking of prices and new securities entered into accounting system by other members of the department
• Perform Position/Price recons in Medius and Excel
• Liaise with Prime brokers/ outside vendors regarding trade/pricing issues
• Undertake additional tasks/projects assigned by Manager

Skills / experience

• A relevant tertiary qualification
• Good working knowledge of the Financial Securities market including language, instruments and mechanics
• Experience in similar area preferable
• A good understanding of MS Office & IT packages (particularly Excel)