Custody Analyst

Key Responsibilities and Accountabilities

Operations & Internal Business Processes – 50%

• Instructions management
  
• Corporate actions processing and management
  
• Instruction execution including call backs and signature verifications
  
• Processing of Money Market investments instructions as per SLA’s while prioritizing those earmarked to fund other settlements and primaries
  
• Processing of all withdrawals/ benefit payments while ensuring end to end processing of customer instructions
  
• Processing of a fixed income investments in the primary and secondary market as per SLAs
  
• Processing equities investment instructions as per SLAs
  
• Client queries resolution in line with target TAT
  
• Account opening – Cash accounts, Safekeeping and Depository accounts
  
• Asset transfers - FOP
  

Risk and Compliance – 20%

• Risk and product family reviews
  
• Criticality Process assessments
  
• Controls testing
  
• Regulatory reporting to CBK, CMA, RBA
  

Reconciliation – 20%

• Daily reconciliation of the custodial nominee accounts against CASA accounts to ensure accuracy and resolve any discrepancies
  
• Daily reconciliation of processing GLs
  
• Asset reconciliations with depositories, clients and fund managers
  
• Cash and income reconciliation for coupons and dividends
  
• Monthly GL reconciliation
  
• Deposits reconciliation
  

Income management – 10%

• Monthly fees accrual and reconciliation
  
• Invoices generation
  
• Custody fees collection
  
• Reconciliation of custody fee GLs
  

Knowledge & Expertise

Qualification

• A Business-related degree professional qualification
  
• Basic I.T & Accounting Qualification
  
• CMA Securities Industry Certification (CISI).
  
• CPA OR CFA
  

Experience

• Minimum of at least 4-years’ experience in Custodial Services/Securities Services operations
  
• Ability to analyse and/or interpret financial statements, and advice accordingly.
  
• Keen to details and able to interpret fund managers investment instructions and apply them appropriately.
  
• Computer literate with proficiency in computerized applicable systems.
  
• Candid knowledge of the financial sector and investment opportunities.