Overview
Work History
Timeline
Generic

Elaan Edith Jacobs

Eldorado Park

Overview

19
19
years of professional experience

Work History

Global Custody Officer

ABSA Group Limited
11.2024 - Current
  • To ensure that - All settlement instructions received from clients are correctly communicated to SG Paris and the sub-custodians for global and sub-Sahara Africa trades
  • All settlements settle and status intimations are sent to clients.
  • All cash and holdings are reconciled on a daily basis and any exceptions cleared within 24 hours.
  • All queries are monitored and replied to within 24 hours.
  • CA announcements are created and notifications sent to the clients immediately when necessary or within 3 hours of receiving the notice
  • CA elections are completed and the election files balance prior to the elections being sent to Custodians, and that they are sent within the deadline
  • All CA payments are processed and confirmations sent to clients
  • Items on the bank account are cleared daily including daily recon of all cash accounts linked to activities relating to global custody.
  • All queries are responded to and follow-up is done regularly, and assist where needed

Fund Administrator

Standard Chartered Bank
05.2016 - 02.2017
  • Performing Fund Administration duties
  • Ensuring the daily cash/bank reconciliations are completed for Funds/Accounts allocated.
  • Effective Customer liaison
  • Prepare daily cash balances / bank reconciliations for all funds allocated.
  • Conduct proper investigations and resolve any reconciling differences with fund managers or clients.
  • Process cash flow and blends i.e. creations / liquidations and distributions received daily.
  • Ensuring the overall accuracy of the unit price, by complying with FSB regulations at all times.
  • Process investment trades, swaps, futures, market to markets, dividends, and update transactions.
  • Performing accurate Net Asset Value calculations including expense and accrual calculations.
  • Researches breached tolerances on NAV and provide adequate explanations and backup where appropriate.
  • Raise issues with senior of any tolerances that has been breached where no explanation can be found.
  • Investigating and answering queries with fund managers, custodians, auditors and clients.
  • Ensure the line manager and others, as appropriate, are kept aware of all issues/problems/queries/work in progress that may impact upon the quality of service being given.
  • Prepare all components of interim and final accounts and monthly reconciliation packs for a variety of funds.
  • Prepare monthly reconciliation packs / trustee statements with supporting internal and client’s reports.
  • Exceeding expectations of fund participants and adhering to deadlines when sending month end reports.
  • Liaising with the Market facing areas – (Data Integrity, Reconciliations, Income, Trade support and Corporate Actions) to ensure the on-going accuracy of the unit price / financial accounting records / reduce regulatory risks.
  • Liaising with Managers Relations groups, Investors, Investments Managers and Auditors.
  • Provide superior service to ensure that customer relations can be managed effectively.
  • Establish and maintain good working relationships with clients and colleagues.
  • Undertake appropriate housekeeping duties e.g. filing and operation of clean desk policy.
  • Ensuring compliance with company policy and procedures; client service level agreements and internal controls.

Manager - Offshore Trade Processing

STANLIB Asset Management
10.2014 - 02.2016
  • To lead, motivate and maintain discipline in the team
  • Effectively delegate work
  • Daily prioritization and effective work allocation to ensure that time is not wasted
  • Professional and relevant communication.
  • Positive and negative feedback.
  • People Management and Engagement includes: This includes Delegation, Training and Empowerment of the team.
  • The team should be fully empowered to handle all functions within Offshore
  • This includes continuous and effective prioritisation and allocation of resources.
  • Ensure that team priorities are aligned with those of the greater Ops and Stanlib
  • To accompany and re-inforce on the job training. Includes putting the training material together and delegating the training.
  • Effective and efficient delegation of duties with the emphasis on delegating some ad hoc duties to the team members
  • Completion of Mid-Year and Final KPI's for team members
  • Ensure that all processes are followed and that the team knows what is expected from them.

Assistant Manager - Offshore Trade Processing

STANLIB Asset Management
10.2008 - 09.2014
  • Process foreign dealing trades for the Fund/Portfolio Managers
  • Liaising with Fund Administrators
  • Liaising with local banks
  • Ensuring that all foreign trade instructions received from the Fund /Portfolio Managers via Charles River is actioned timeously
  • Ensure that trades are dealt offshore timeously
  • Authorise the buying/selling of shares from Offshore Fund /Portfolio Administrators
  • Verifying captured trades timeously on System (HiPort System)
  • Assist with the reconciliation of the fund accounts as well as the script accounts.
  • Applying for foreign exchange cover i.e. spot, forward, with dealers through various local Banks
  • Checking and verifying instructions to be sent to the local banks to effect EFT payments (both foreign and local currency).
  • Dealing with queries from Fund Administrators, Local banks, Fund Managers, other internal and external departments
  • Facilitate Private Placements
  • Releasing funds for local customers on the Business Online System (provided by Standard Bank)
  • Releasing funds for local customers on the Cash Focus System (provided by ABSA Bank)
  • Ad hoc duties

Trade Processing Specialist

STANLIB Asset Management
08.2006 - 09.2008
  • Process foreign dealing trades for the Fund Managers
  • Liaising with Fund Administrators
  • Liaising with local banks
  • Processing foreign trade instructions received from the Fund Managers
  • Buy/sell shares from Offshore Fund Administrators
  • Adhering to trade cut-off times
  • Ensure that trades are dealt offshore timeously
  • Ensure trades are loaded and captured timeously on System (HiPort System)
  • Balance the fund accounts
  • Applying for foreign exchange cover i.e. spot, forward, with dealers through various local Banks
  • Dispatching instructions to the local banks to effect EFT payments (both foreign and local currency).
  • Dealing with queries from Fund Administrators, Local banks, Fund Managers and other internal departments
  • Releasing funds for local customers on the Business Online System (provided by Standard Bank)

Timeline

Global Custody Officer

ABSA Group Limited
11.2024 - Current

Fund Administrator

Standard Chartered Bank
05.2016 - 02.2017

Manager - Offshore Trade Processing

STANLIB Asset Management
10.2014 - 02.2016

Assistant Manager - Offshore Trade Processing

STANLIB Asset Management
10.2008 - 09.2014

Trade Processing Specialist

STANLIB Asset Management
08.2006 - 09.2008

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Elaan Edith Jacobs