Team Lead, Fund Operations at Cordros Capital Limited

Cordros Asset Management Limited is seeking a Team Lead for Mutual Funds Operations in Lagos, Nigeria. The role involves overseeing the end-to-end operational processes of mutual fund transactions, ensuring efficiency, accuracy, and compliance with regulatory requirements. The Team Lead will manage trade processing, reconciliations, reporting, and client service functions, while leading a team to ensure seamless fund administration and operational excellence.Responsibilities:

• Oversee daily subscriptions, redemptions, and transfers of mutual fund units, ensuring timely execution.
• Ensure appropriate postings of all daily transactions before the system update for timely end of day system update.
• Ensure Bank Reconciliations are sent out weekly.
• Preparation and Submission of Monthly and Quarterly Regulatory Reports to SEC.
• Payments of Dividends for the mutual funds as at when due.
• Perform daily, monthly, and periodic functions relating to fund accounting and record-keeping, ensuring all customer postings and investment booking are done timely.
• Weekly GL review of accounts to ensure appropriateness and report of the review.
• Ensure accurate portfolio valuations by reconciling fund assets with custodian and investment records.
• Lead automation initiatives to enhance the efficiency of mutual fund transaction processing.
• Prepare Audit Schedules and lead the Mutual fund audit for all funds.
• Other Tasks as assigned.

Requirements:

• A bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field.
• Minimum of 5 years work experience in operations in capital market.
• Very good use of Microsoft Excel.
• The use of Accounting Software Stockbroking/Asset management core application (e.g. SYMPLUS, infoware etc.).
• Good Communication (feedback) skills.
• Problem solving skills.
• Analytical skills
• People management skills.
• Good relationship with banks, custodians, and registrars
• Patience
• Consistency
• Courtesy
• Collaboration and teamwork

The role offers:

• Flexible working schedule i.e remote work