Head Of Middle Office

Through our client-facing brands and our other specialist brands, Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.

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The purpose of the role is to enable a world class middle office function with multiple investments capabilities that will provide an integral link between the investment management functions and Operations by controlling and optimizing investment value creation capabilities through performance analytics, valuations oversight, product control, and Implementation & transition management within Momentum Investments.

• Postgraduate qualification in Finance, Accounting, Investments or related degree
• CA(SA) qualification preferred
• Chartered Financial Analyst (CFA), Financial Risk Manager or similar designation
• 7 to 10 years' experience in the financial industry, specifically instrument valuations, performance reporting and transitions/implementation management
• 5 years’ experience in management and leadership roles will be advantageous
• Advanced Excel skills
• Strong commercial business acumen
• Product control experience in Investment Banking Product Control Function with a focus on exotic trades/derivatives

• Accountable for independent oversight, governance, accuracy, integrity, and risk management of all instrument valuation activities across investment portfolios, enabling informed investment decision-making, regulatory compliance, and reliable financial reporting
• Ensure the accuracy, integrity, and appropriateness of valuations through robust independent pricing controls and oversight
• Lead valuation related projects, system enhancements, automation initiatives and process improvement programmes
• Review prepared daily/weekly/monthly procedures and controls which monitor the prices utilised for securities held in the funds
• Manage the delivery of valuation, pricing, benchmark, and exposure information to internal and external stakeholders
• Oversee and monitor the quality, accuracy and completeness of instrument valuation and static data, including classifications
• Oversee the calculation and validation of benchmark returns used for investment performance oversight
• Lead the investigation, escalation, and resolution of pricing discrepancies, valuation exceptions, and market‑related valuation events
• Maintain and continuously enhance valuation policies, procedures, controls, and governance standards
• Conduct research and analysis of complex security pricing issues, market events and industry best practice
• Calculate and review pricing determinations when necessary
• Analyse and mitigate the risks associated with the functions of valuations
• Accountable and driving the preparation, delivery and review of materials presented to the Valuation Committee
• Take the lead in presentations during the Valuation Committee

The Middle Office provides portfolio analytics to the broader Investment Team. The team is integrated to empower the investment decision making process and therefore empower the end client. The Middle office aims to service direct capabilities as well as portfolio solutions and works closely with Investment Analysts and Portfolio Managers. The Head of Middle Office will be accountable and responsible for the following functions:

• Ensure accurate and timely performance measurement, reporting and performance attribution to all internal and external stakeholders
• Oversee the investigation of complex portfolio performance and performance attribution related queries received from internal and external stakeholders
• Oversee portfolio risk measurement and reporting
• Oversee competitor and peer group analysis to inform…