Investment Administration- Domestic

Employment Type:
FP - Full-Time Permanent  
Manager - Investment Administration

About us:

Netwealth is an ASX listed financial services and technology company providing astute investors, financial advisers, private clients and high net worth firms with a way to see wealth differently. We offer a range of innovative portfolio administration, superannuation, retirement, investment and Managed Account solutions through our award-wining platform. Currently rated Australia’s Number 1 Platform for overall functionality and satisfaction, we provide wealth professionals with the technology required to efficiently manage and add value to their wealth portfolios.

The Opportunity:

The Investment Operations department is responsible for asset related processes such as to corporate actions, in-specie transfers, international and domestic settlements, managed accounts processing and asset administration.

The primary responsibility of the Investment Administrator is:

  • ASX share trading:
    • Ensuring platform share orders and trades are flowing as expected throughout a trading day
    • Processing of external share trades and placements, including allocation to client accounts
    • Liaising with advisers and brokers with regards to settlement issues
    • Key contact person for queries on ASX share trading
  • Dividends and distribution processing
    • Reconciling income received on Cash Pool accounts
    • Posting reconciled income to client accounts
    • Following-up distribution statements for outstanding funds
  • Managed Funds processing
    • Processing application and redemption confirmations
    • Reviewing and following-up overdue instructions
    • Key contact person for queries on managed fund processing
  • Term Deposit processing
    • Set-up and availability of platform term deposits
    • Sending upcoming maturity notices and processing maturities, including early breaks
    • Key contact person for queries on term deposit processing
  • Unlisted Bond Services
    • Processing buy and sell orders for on-platform bonds
    • Processing externally placed bond trades, including allocation to client accounts
    • Liaising with advisers, brokers and bond services with regards to order and/or settlement issues
    • Key contact person for queries on bonds processing
  • Responding to internal and external client queries in a timely and efficient manner.
  • Involvement with implementation of new features, system enhancements and controls.
  • Completion of User Acceptance Testing for system upgrades and enhancements.
  • Assist the team with maintaining procedures for team functions.
  • Completion of all responsibilities within SLA’s

In this role you’ll:

Be part of a growing and talented team of agile and curious people who work together to achieve phenomenal outcomes for our customers. We strive to form teams that represent a variety of backgrounds, perspectives and skills and who share our values of Curious, Courageous, Collaborative, Agile, Genuine and Optimistic.

We’d love to hear from you if you have:

  • Prior Investment Administration experience preferred;
  • Prior experience in ASX settlements preferred;
  • Prior experience with Bonds/Austraclear preferred;
  • Prior experience with Managed Funds preferred;
  • Strong oral and written communication skills;
  • Excellent attention to detail.

Working at Netwealth is exciting, challenging and full of new experiences. It’s a great time to join our growing company and talented team. Are you curious about this opportunity? If you love working in a challenging and fast-paced environment, now is the time to tell us more about yourself.

How to apply:

Does this role sound like your next opportunity? We'd love to hear from you as soon as possible so please "Apply Now"! Attach your resume and write a covering letter telling us why you feel you are the perfect person to join our Netwealth team.