Head Of Asset Control

Overall role & responsibility - Review and approval of new custodian banks and their requirements for information, declarations and reporting. - Monitoring of fee charges and payment by policyholders. - Monitor timely preparation and delivery of statements to policyholders. - Review investment portfolio performance. - Review and approve special investment arrangements. Process - Optimise operational performance with continual review of processes, procedures and guidelines. - Transition and development of the existing team, moving towards a process-driven organisation. - Manage service level agreements. Coaching and Training - Train team members on custodian servicing for all lines of business. IT - Manage and resolve system matters relating to fee generation and position uploads, ensuring the accuracy and completeness of fee charges and portfolio positions. - Investigate root causes of system exceptions and errors, working closely with divisional IT team to implement timely fixes. - Establish interim workarounds and compensating controls to safeguard data integrity while system issues are being resolved. Special Investment - Perform pre-compliance checks of new portfolio investments in accordance with applicable regulations. - Review governing documents such as Policy Directives, Fund Prospectuses and Subscription Agreements, identifying and resolving interpretive issues while ensuring regulatory compliance. - Develop a library and expert understanding of a broad range of fund regulatory requirements and provide confident opinion and guidance to Sales, Partners and internal clients. - Assess business cases involving Special Investments. - Manage the daily investment controls workflow, reviewing eligibility of assets, classifying investments, and creating and maintaining records in accordance with legal regulations. - Monitor and review the existing Private Equity book to ensure that due diligence is performed and adequate documentation is obtained.