Assistant Fund Administrator

The Assistant Fund Administrator will play a crucial role in supporting the investment administration functions of Fusion Investment Management. This involves assisting with the monitoring of investment portfolios, processing transactions, performing fund reconciliations, and preparing investment reports. A key aspect of the role is ensuring strict adherence to all relevant regulatory requirements and internal mandates.

1. Maintain and update investor records and investment positions within the company's information management systems.
2. Reconcile company investment holdings with those held by custodians, administrators, and other counterparties.
3. Generate trade instructions and follow up with custodians and banks to ensure timely processing of transactions.
4. Liaise with banks, stockbrokers, and custodians to ensure investment transactions are processed within required timelines.
5. Monitor investment transactions to ensure compliance with approved investment mandates and Investment Committee recommendations.
6. Ensure pension fund investments comply with Investment Policy Statements (IPS), Retirement Benefits Authority (RBA) regulations, and other applicable regulatory requirements.
7. Compile monthly and quarterly transaction supporting schedules, documentation, and market information necessary for asset valuations by fund administrators.
8. Liaise with banks to obtain competitive foreign exchange rates when required for transactions.
9. Assist in sourcing, evaluating, and executing investments across money markets, fixed income, and listed securities within East Africa.
10. Gather and maintain up-to-date information on the East African economy and financial markets.
11. Assist in conducting preliminary and ongoing due diligence on various counterparties.
12. Review treasury publications and quarterly investor reports.
13. Support cash management activities, including investing surplus funds and executing investor instructions.
14. Undertake other assigned duties as required.

1. Hold a Bachelor’s degree in Finance, Commerce, Economics, Accounting, or a related business discipline.
2. Possess professional qualifications such as CPA, ACCA, or CFA.
3. Be proficient in MS Excel, MS PowerPoint, and other Microsoft Office applications.
4. Demonstrate strong analytical, numerical, and problem-solving skills.
5. Exhibit high attention to detail and accuracy in all tasks.
6. Possess the ability to work both independently and collaboratively within a team environment.
7. Must be a registered member of the Institute of Certified Investment and Financial Analysts (ICIFA).