Investment Administration Officer
HybridSydney, New South Wales, Australia
Job Summary
Process and validate rebate payments from Fund Managers and Portfolio Providers, resolving discrepancies and rate variances while coordinating rebate agreement onboarding. Coordinate cash reconciliation activities, including settlement of cash received into custody and processing direct debit, electronic funds transfer, and BPAY transactions. Investigate and allocate unknown deposits, submitting unclaimed monies to ASIC and other regulatory bodies where required. Liaise with internal and external stakeholders to support timely and accurate outcomes, contributing to ad hoc projects and process improvements. This permanent role supports the Investment Operations team at HUB24, an ASX-listed wealth management platform focused on integrating technology and data to empower financial professionals.
Required Qualifications
- Minimum 2 to 3 years' experience in financial services
- Experience in a similar Investment Operations position
- Strong attention to detail
- Problem-solving capability
- Strong written and verbal communication skills
- The ability to build trusted working relationships with internal and external stakeholders
- Knowledge of managed funds
- Knowledge of Australian securities
- Knowledge of fee rebates
- Knowledge of Australian banking
- Knowledge of payment processing
Desired Qualifications
- Experience within a similar Investment Operations position
- Knowledge of fee rebates
- An understanding of financial products and instruments available in the domestic market
- Cash experience
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