Govender - Hiportfolio Administrator - Sandton, GP, South Africa

Michell Govender

Sandton, GP, South Africa


Hiportfolio Administrator

Work History

Investment Management Systems

From October 2013

Momentum Asset SMAC, AIMS, Charles River Investment Management Management System version 8 and 9.
Job Description Data Management and Valuations
Role Function The purpose of this role is to provide optimum service within a best practice
framework that will ensure the accurate and timeous implementation of new
instruments, the efficient management of static data, and the accurate and timeous pricing and/or valuation of investment securities within the Asset
management business.
Role Outputs • Ensure optimum pricing and/or valuation of all investment securities
Perspective: Process • Monitor instruments and portfolios for pricing reasonability
• Ensure thorough investigation and resolution of pricing exceptions
• Interpret and implement new instruments in conjunction with Portfolio
• Classify instruments for valuation purposes, client reporting and SARB
• Maintain all static data according to agreed criteria on all relevant
investment management systems
• Continuously strive to enhance and improve the Data Management,
Valuations and New Instrument Implementation process
• Where possible, ensure that instrument delivery is automated,
efficient and scalable
• Contribute and ensure compliance to Asset Management governance,
relevant legislation and risk mitigation strategies
• Perform sensitivity/scenario analysis for risk management an reporting
• Take accountability for the management of business related risks

Perspective: Client • Ensure effective relationships and SLA management with internal and
Services external stakeholders
• Build and maintain excellent relationships between Data Management,
Valuations and New Instrument Implementation service
• Ensure optimized customer service when dealing directly with end-user
• Contribute to a service culture which builds rewarding relationships,

FNB Trustee Services

Version of HiPortfolio

From March 2010

HiPortfolio 3v10
Job Description Business Analyst, Custody and Trustee Services
Current • Check the daily price files received from Pricing vendor
responsibilities • Upload prices and exchange rates daily received from the Pricing vendor
• Instruct the Pricing vendor to add new listed instruments for daily pricing as soon as the instruments are created on HiPort
• Query all instruments not included in the price files received from the
Pricing vendor
• Check price variations and query any price discrepancies and stale prices
• Month end pricing & tasks:
• Update CPI Index rates obtained from Stats SA
• Update manual International prices
• Upload prices received in spreadsheet format
• DEACT-01, Redundant securities deactivation
• Security re-assignments
• Creating: new users, security codes, bank accounts, portfolio codes, broker
codes, setting up default settlement accounts, etc on HiPort
• Monitor all Slave jobs on the CONSOLE: investigate any errors which may
occur and Slave jobs that did not run as scheduled
• Creating GL integration
• Masking of GL accounts
• Creating new Fund levels and all related set up on HiPort
• Corporate Actions: raise dividends, raise interest entitlements, generate
capital events and generate all security maturities.
• Delete transactions
• Maintain FNB Interest Rate Table Control File for all Floating Rate Note
• Set up Calendar maintenance on a yearly basis
• Uploading IDX files
• Change codes: security codes, portfolio codes, bank accounts etc
• Create and Update Interest Rate tables as per given instructions
• Assist with HiPort testing
• Maintaining Static Data on HiPort
• Assist users with daily queries, changes relating to standing data, training and basic overview of HiPort
• Amending existing sector tree structures in accordance with business
• Unit Pricing: Unitised portfolio maintenance, Series maintenance, Unit
maintenance, Unit type definition, Price type definition,...

Stanlib Asset Management

March 2009 - February 2010

Job Description HiPortfolio & Charles River Support

CV of Michell Govender 5
Current • Pricing done on Stadium: maintaining of pricing data on Stadium
responsibilities • Check daily price feeds
• To follow check list for updated pricing
• Checking of Standard Reports for price variations, stale and not priced
securities before 08h00 in the morning and 15h00 pricing times
• Manual price uploads received via email
• Communicate with price sources in regards to price differences and deadlines
• Month end pricing:
• Update CPI Index rates obtained from Stats SA and Bloomberg
• Update manual International prices
• Update manual Domestic prices
• Upload Bid Prices
• Update and apply yield curve tables
• Upload prices received in spreadsheet format
• Close the Accounting periods through the use of scripts in a UNIX
• Creating: new users, security codes, bank accounts, portfolio codes, broker
codes, setting up default settlement accounts, etc on Hiport
• Signs off the creation of various instruments before sending it through to the Valuation manager and Compliance
• Use Bloomberg, I-net, SAFEX, JSE to confirm security creation details and daily pricing queries
• Clean GL error report & GL pending file
• Creating GL integration
• Masking of GL accounts
• Daily GL extract
• Maintaining cost centre account numbers in the GL
• Resolve GL queries
• Uploading IDX files
• Create and Update Interest Rate tables as per given instructions
• Assist with Hiport clean-up and testing
• Maintaining Static Data on Hiport & Charles River
• Assist the support team with daily queries and changes
• Creating: new users, securities, accounts, broker codes, bank accounts,
etc on Charles River
• Assist users with basic overview of Hiport & Charles River
• Support the dealers on Charles River
• Troubleshoot the trading process
• Monitor the Charles...

HiPortfolio Systems Administrator

Asset Services

From August 2005

Current • Provide first line support function to users in terms of dealing with any
responsibilities HiPortfolio queries.
• Provide solutions to business requirements by using the various modules on
HiPortfolio, for example:
• Extracting information for the business using the Report Generator
Module of HiPortfolio
• Coding of Compliance Rules on HiPortfolio
• Importing data into HiPortfolio using the IDX Module
• Defining and running corporate events using the capital events module on HiPortfolio
• Automating processes in HiPortfolio through the use of scripts in a UNIX
• Importing of pricing and additional static data to facilitate valuations and compliance reporting
• Assist business in resolving pricing issues
• Assist the Master Data department with the creation of new
instruments (e.g. Set-up of variable rated bonds), portfolio codes,
bank accounts, analysis codes and associated data
• Definition and set-up of portfolios in HiPortfolio with regard to:
• Hierarchy of portfolios
• Maintaining the General Ledger Interface
• Creation of new GL file sets
• Masking of GL accounts
• GL integration
• Assisting with the year-end general ledger process
• Maintaining of sector trees and report trees
• Updating index data
• Assisted with the take-on of new clients
• Knowledge of all the maintenance functions on HiPortfolio:
• User maintenance
• Static data maintenance
• Reporting system bugs to DST and ensuring that they are adequately
resolved and tested
• Understanding of HiPortfolio in an AIX environment
• Responsible for database cleanup functions
• Provide internal user training where required
• Query resolution on Stadium i.e. front end of LINX - a middleware
• Report writing

Year Employer Comments

Standard Bank - Financial

Up to August 2004

Portfolio Management Systems Administrator

STANLIB Asset Management

From May 2001

CV of Michell Govender 7
Responsibilities Primary Responsibilities

(a) Provide first line support functions to users in terms of dealing with any Hi- portfolio related queries
(b) Provide Support to STANLIB Asset Management, Liberty Investment
Accounting and STANLIB Wealth Management
(c) Hi-portfolio Modules used include: -
• IDX module
• Capital Events module
• ASCII pricing interface
• Orders Control module
• Report Generator module

Daily Responsibilities
• Update daily prices
• User maintenance
• Perform system maintenance procedures
• Set up and creation of new static data
• Updating and posting of the General Ledger
• Maintenance of the general ledger pending file
• General Ledger extraction and general ledger download end of business day
• General Ledger integration
• General Ledger year-end running
• Report writing and design
• Provide user training on existing and new modules
• New version testing and user assistance with new version testing
• Sector tree balancing

Weekly Responsibilities
• Update weekly prices
• Run override report
• Purge orders
• Responsible for database maintenance and clean-up

Month End Responsibilities
• Month End Pricing and ensuring business sign off • Fixed Interest and Discounted securities re-assignments
• Option expiries
• Bulk settlements
• Detailed cash forecast
• Console price updates
• Purging all the console jobs
• Monthly downloads

CV of Michell Govender 8
Year Employer Comments

Client Reporting Administrator

Automated Outsourcing

June 2000 - April 2001

Responsibilities Accurate, timeous and complete monthly reporting to clients including: -

• Investment Administration reports such as: valuations, transactions,
cash movements, income, corporate actions, outstanding items etc
• Performance and attribution analysis reporting - like statement M etc
• Cash Management - monitoring of cash-flow to/from clients
• Daily contact with back-office area to ensure smooth month-ends
• Direct involvement with new client set-up i.e. new Manager,
Consultant etc
• Operating of Client Reporting Management Software - Hi-portfolio
• Preparation of new reporting specs and / or development of new

Client Types
• Multi Manager clients
• Unitized clients
• Segregated Clients
• Direct clients

• Asset Management Company Clients
• Back-office only ( indirect reporting )
• Back - & Middle-office

• Direct Investment clients (Back-office and/or middle-office)
• Direct Pension & Provident Funds, not investing with Asset
• Investment Funds - investing directly on JSE, BESA, and SAFEX

• Consultants & Direct Pension Funds - Middle-office outsourcing only.
• Middle-office reporting & consolidation across different
Managers etc.

CV of Michell Govender 9
Year Employer Comments

Client Reporting Officer

Standard Corporate

April 1999 - June 2000

Responsibilities Balanced monthly portfolio valuations by means of book value reconciliation's
Statements M's, before sending the monthly portfolio valuation packs to clients by the 3rd working day of each month
• Prepared special reports for various large institutions on a daily,
weekly or monthly basis.
• Prepared and sent RSC levies to clients on a monthly basis
• Prepared RFT certificates on a half yearly basis
• Answered random queries on a daily basis
• Checked quarterly investment documents for accuracy, which are sent to clients
• Prepared performance returns for the quarterly reports.
• Prepared audit certificates & answered audit related queries for client
• Visited clients to deal with administrative issues.
• Liased with Portfolio Managers, Operations area and marketing area on an ongoing basis.

Year Employer Comments

Clerk Investment Accounting

Metal Industries Benefit

April 1997 - March 1999

• Captured securities bought and sold
• Created new securities on Hi-portfolio
• Bank account reconciliation
• Liased with the bank to assure income is paid on due date
• Monitored and executed unbundlings, rights issues, options
• Monitored dividends and gilt interest due
• Interest calculations for fixed deposits
• Maintained spreadsheets of projected income schedules
• Monthly posting of all transactions
• Reconciliation of all investment accounts
• Reconciliation of script account
• Prepared monthly management reports on income, purchases and sales transactions and total portfolio valuation
• Prepared reports for the monthly trustee meeting
• Trained and assisted colleagues
• Liased with stockbroker firms to solve queries with account statements
• Assisted external auditors at year-end

CV of Michell Govender 10

Qualifications & Certifications

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