Cash Settlements Administrators

6 days ago


North Sydney, Australia FinClear Full time

Company Description
**Who we are**:
FinClear was established in 2015, with offices now in Sydney, Melbourne and Perth. We are an independent, Australian owned and developed technology and financial services business, specializing in providing trading, execution, clearing and technology solutions to wholesale intermediaries, FinTech’s, wealth managers and financial planners.

At FinClear - Technology and progress are in our DNA. Our Financial Markets infrastructure deals with massive amounts of data and huge volumes of transactions that are executed in real-time to a vast audience. But unlike others, we own our core regulatory and technology infrastructure enabling us to move quickly and build solutions to give our clients the competitive advantage.

We’ve tripled in size since mid-2021 and plan to continue growing with more platforms and services being rapidly developed. That’s where you come in.

**Job Description**:
The Cash Administrator works within the Cash Team an integral part of our Operations team. You would be responsible for ensuring all daily activities in relation to domestic and international equity, exchange traded option settlements are actioned accurately and on time.

As a Cash Settlements Administrator in our Operations team, you’ll step into a key role for the business, where you’ll take responsibility for the reconciliation of our settlements and settlements cash flow management responsibilities.

**The key responsibilities of the Cash Administrator include, but are not limited to**:

- Processing cash payments and receipts for all domestic and international settlement - including RTGS + International payments (TTs);
- Processing cash settlement via ASX Austraclear/Exigo;
- Monitoring and maintaining Trust Balances and movements;
- Liaising with internal and external stakeholders for all cash settlement queries;
- Conduct call backs to clients for cash transfers;
- Liaise with Money Market providers for daily settlement;
- Liaise with Margin Lenders for cash settlement;
- Daily reconciliation of International Cash balances;
- Deliver quality service to both internal and external clients

**Qualifications**:
**Skills or experience in the following areas would helpful**
- 3 years’ experience in a similar role
- Background in Financial Markets and back-office processes
- Strong attention to detail and excellent time management skills.
- Settlements and corporate actions experience gained through equity settlements exposure at a securities organization or investment bank
- Experience using Summit (preferable)

Additional Information

What are the ingredients to our secret sauce?

That’s our people and the technology solutions we create, as the business grows, we are also evolving our benefits to one that our people love

**Benefits**:

- A team that is invested in the success of FinClear and a generous ESOP for all our employees
- 16 Weeks of gender neutral paid parental leave
- A flexible work environment - we have fantastic new offices where we come to collaborate and have those face-to-face meetings with some days at home
- An inclusive and diverse working environment for all
- Prioritise mental health with all our staff having free access to our EAP programme including 1:1 session with qualified coaches and psychologists
- E-Vehicles - Salary Sacrifice

**Ready to apply?**

**Alternatively**:

- To refer a friend, select "**Refer a friend**"
- Please note:_
- _ You must have the right to legally work in Australia to be considered for the immediate opportunities at FinClear, sponsorship options are not currently available._



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