Job title : Payments Administrator - Private Equity South Africa
Job Location : Western Cape, Cape Town
Deadline : October 17, 2025
Summary
The successful applicant is responsible for the accurate preparation, processing, and reconciliation of client payment instructions in accordance with established policies, procedures, and service level agreements. This role ensures that all payments are actioned on time, comply with relevant regulatory and anti-money laundering (AML) requirements, and are properly authorised in line with designated signatory lists.
Responsibilities
- Payment preparation & processing
Accurately prepare and capture payment instructions in accordance with internal procedures and client mandates.
Ensure timely execution of all payments.Verify supporting documentation and authorizations prior to processing.Ensure complete and accurate filing of all payment instructions, supporting documentation, and confirmations.Maintain daily payment logs and reconcile against bank confirmations.Compliance & controlsPerform required checks in line with AML, KYC, and fraud prevention controls before initiating payments.
Ensure all payments are authorized in accordance with designated persons lists and escalation protocols.Support internal and external audits by providing requested documentation and evidence of payment processing.Verification & callbacksConduct call-backs for payments, where required, to verify authenticity and ensure instructions are from approved signatories.
Document the outcome of call-backs and ensure all validation steps are logged appropriately.Issue resolutionInvestigate and resolve payment-related issues in coordination with banks, clients, or internal departments.
Escalate delays, irregularities, or concerns to the Payments Team Leader or Compliance team promptly.Communication & collaborationLiaise with internal stakeholders (fund accounting, authorizers, etc.) to ensure smooth payment operations.
Respond to payment queries from clients or other internal stakeholders in a professional and timely manner.Process improvement & supportIdentify opportunities to improve payment efficiency and reduce operational risk.
Support the onboarding of new clients by assisting in the setup of bank accounts, payment processes and documentation flows.Participate in training sessions and team meetings to stay updated on systems and processes.Other tasksAny ad-hoc tasks required.
Qualifications & Skills
Technical & functional skillsStrong understanding of payment processing systems and banking platforms. High level of accuracy in data entry, document checking, and payment instruction preparation.
Knowledge of AML, KYC, and fraud prevention controls as they relate to payment authorisation.Familiarity with financial services operations, particularly in fund administration or investment management environments.Experience with internal controls and compliance frameworks.Understanding of SLAs and KPI reporting.Organisational skillsAbility to prioritise tasks and meet deadlines in a high-volume, deadline-driven environment.
Follows standard operating procedures and contributes to maintaining process integrity.Comfortable handling multiple payment instructions or queries simultaneously without compromising accuracy.Communication & interpersonal skillsExcellent verbal and written communication skills for both client and internal interactions.
Ability to communicate clearly with external banks, clients, and auditors.Professional and diplomatic approach when handling queries.Works effectively within a team environment, supporting peers and escalating issues when needed.Problem solving & initiativeAble to spot inconsistencies or potential risks in payment instructions and raise them appropriately.
Takes initiative to resolve issues, suggest improvements, or prevent potential errors before they escalate.Integrity & confidentialityMaintains strict confidentiality when handling sensitive banking and client information.
Adheres strictly to internal controls, approval protocols, and regulatory requirements.Ethical judgment & confidentialityHigh level of integrity and discretion, especially when handling sensitive financial data.
Commitment to upholding internal control standards and protecting client confidentiality.Personal characteristicsDetail-oriented, highly organised, ethical and trustworthy, accountable, proactive, calm under pressure, collaborative and client-centric, and strong communicator.
#J-18808-Ljbffr