Cash Settlements Officer
7 days ago
We are looking for an experienced Cash Settlements Officer - Equity & Capital Markets for a leading national wealth manager.
03rd March, 2025Our client is a highly respected Wealth Manager providing advice and investment solutions to high-net worth clients. They also provide market-leading Institutional Dealing, Corporate Advisory, and Research and are a recognised leader in financial markets attracting the best across research analysts, advisers, sales and trading specialists, corporate financiers, and operations team members.
We are looking for an experienced Cash Settlements Officer to join this organisation and be a highly valued member of their back-office operations team which includes specialists in bookings, sponsorship, deceased estates, money market, etc.
We are looking for a professional who has a strong understanding of Australian financial services – particularly the back-office processes around settlements - receipts and payments. An individual who is keen to be part of a well-functioning team that has a lot to offer in terms of knowledge and experience. Someone who is happy to continue their career in the back office rather than someone who is looking for a short-term role.
Responsibilities- Process daily cash payments and receipts for domestic and international settlements (Direct Entry, RTGS, B-Pay, TT).
- Process Foreign Exchange (FX) transactions.
- Facilitate ad-hoc settlement requests.
- Add and amend bank account details to client accounts.
- Monitor daily control reporting to identify outstanding cash obligations on clients' accounts.
- Apply applicable fees to accounts.
- Ensure compliance with internal controls and procedures.
- Liaise with internal stakeholders and external parties on cash settlement queries.
- Cross train in other roles to support the team.
- Flexibility to support different initiatives including projects.
To be successful, we are looking for an individual with hands-on knowledge and previous experience in Equity and Capital Market settlements. This includes a strength of knowledge and experience in:
- ASX Clearing, Settlements and Custody Cycle.
- Chess and ASX business rules.
We are looking for someone who has experience and deep knowledge of broking systems, processes, and deadlines.
To ensure success, we are looking for individuals who have a passion for stockbroking. A detail-oriented professional who has exceptional attention to detail and ensures a high level of accuracy in a fast-paced environment. Individuals with excellent communication skills who are successful in creating long and lasting stakeholder relationships, and who can work both autonomously and collaboratively in a team environment.
Please APPLY NOW to submit your application.
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