Custody Administrator

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Custody Administrator
Location : Sydney

Description

This is an exciting opportunity to provide direct support and administration functions to the Custody team and Custody client groups in a timely and efficient manner.

Job Specification:

• Processing & instructing of client transactions – includes Fixed Income , Equities, FX

• Collaborate with cash management to confirm proper funding for trades, manage deadlines for settlement, and escalate discrepancies for resolution

• Maintain accurate audit trails and contribute to operational risk reduction initiatives

• Review and approval of trade matching through IRESS & DTCC CTM

• Liaising with Fund Managers and Custodians in order to ensure settlement of all transactions

• Effective client communication, including responding to all client queries and requests in a timely manner

• Review and approval of client instructions

• Assist Management with the team's daily workflow

• Actively involved in process improvements and suggestions

• Assist other operations teams during peak periods or when issues arise, including:

  - Reviewing reconciliation breaks and exception reports

  - Assisting with data validation for reporting teams

  - Performing spot checks on trade and position data for accuracy

• Supporting investigations into settlement or reporting issues

• Contribute to process improvement initiatives and cross-training to build team flexibility

• Escalation point for team and clients to resolve issues

• On the job training to other team members

• Attend the weekly transition meetings when required

• Attending custodian service reviews when required

Skills Required:

• Advanced excel skills – VBA, Macros, vlookups etc

• Tertiary qualifications in Finance, Business or Mathematics preferred.

• Custody background

• Fixed income, equities, FX and cash experience

• Settlement's experience

• IRESS IOS/IOS+ experience

• DTCC product suite CTM, ALERT Settlement Instruction Manager (SIM)

• Understanding of SWIFT message types

• High attention to detail, strong problem-solving, and effective communication skills.

• Ability to manage multiple deadlines and adapt to urgent priorities.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;

• Competitive remuneration commensurate with skills and experience;

• Training and development opportunities

Additional information:

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.