Operations Analyst: Discretionary Fund Management

Let's Collaborate on Africa's Narrative! Old Mutual is deeply committed to the potential of Africa, and our diverse workforce embodies this belief.

Job Description
Symmetry is a business in development, evolving, expanding, and redefining the landscape of investment solutions. This role is designed to assist the Head of Operations at Symmetry DFM in overseeing the comprehensive operational, regulatory, and compliance duties of the Financial Services Provider (FSP). The position entails managing the complete investment operations lifecycle, ensuring the precision and reliability of investment data, and facilitating effective risk management in accordance with regulatory and internal guidelines. This role is vital for sustaining operational integrity, fostering scalable and efficient processes, and supporting strategic initiatives throughout the organization.

Key Responsibilities:

• Investment Operations Trade Lifecycle Management: Daily management of cash flows, processing trades, performing reconciliations, and executing settlements, including occasional model portfolio restructures and LISP rebalances.
• Data Integrity: Guarantee the accuracy, completeness, and consistency of investment data across all operational and reporting platforms.
• Reporting, Compliance and Risk: Preparation and review of fund fact sheets, monthly reporting, and ongoing adherence to regulatory standards.
• Risk & Controls: Assist in the implementation and monitoring of internal controls and risk management frameworks, ensuring proper documentation, governance, and audit trails.
• Mandate & AML Oversight: Aid in the understanding, monitoring, and management of compliance with mandates and AML requirements.

Stakeholder & Product Support

• Stakeholder Engagement: Address operational inquiries from LISPs, MANCOs, and both internal and external stakeholders.
• Onboarding & Product Support: Support the onboarding process for new products, mandates, and investment solutions.

Process & Systems

• Process Improvement: Contribute to initiatives aimed at automating processes, optimizing workflows, and enhancing efficiency for scalability.
• System Participation: Engage in system testing, upgrades, and implementation efforts as needed.

These responsibilities provide a general overview of the role and are not exhaustive.

Qualifications and Experience Required:

• A disciplined, self-driven individual with a strong focus on deadlines and deliverables.
• Extensive technical and/or business experience with a demonstrated history of innovation, execution, and performance.
• An Honours level degree in Finance or Commerce, or equivalent experience, with substantial technical expertise in investment operations and/or previous experience in a Discretionary Fund Management environment.
• At least 3–5 years of experience in investment operations within the Asset Management sector.
• Strong comprehension of the complete trade lifecycle and settlement procedures.
• Familiarity with systems and platforms such as Morningstar, StyleAdvisor, LISP platforms, and DFM functionalities.
• Advanced proficiency in Excel, including data modeling, validation, and pivot tables; experience in reporting and analytics.
• Solid knowledge of the South African regulatory landscape, including CISCA, Regulation 28, and ASISA standards.

Skills:

• Accounting, Action Planning, Budget Management, Calendar Coordination, Computer Literacy, Data Analysis, Database Reporting, Data Compilation, Data Interpretation, Digital Literacy, Executing Plans, Management Reporting, Numerical Aptitude, Oral Communication, Report Review

Competencies:

• Decision Quality, Directs Work, Ensures Accountability, Manages Complexity, Optimizes Work Processes, Plans and Aligns, Tech Savvy

Education:
NQF Level 7 - Degree, Advanced Diploma or Postgraduate Certificate or equivalent

Closing Date:
09 April 2026, 23:59

The appointment will be made from the designated group in accordance with the Employment Equity Plan of Old Mutual South Africa and the specific business unit involved.

The Old Mutual Story!
Old Mutual is a premier African financial services organization that provides a wide range of financial solutions to both retail and corporate clients across significant market segments in 14 countries. Our business lines encompass Life and Savings, Property and Casualty, Asset Management, and Banking and Lending. We are grounded in our mission of Championing Mutually Positive Futures Every Day and believe that exceptional customer experiences are rooted in outstanding employee experiences.