Specialist, Portfolio Onboarding, Dealing

4 weeks ago


Sydney, Australia Integrated Portfolio Solutions Full time

Job Title: Specialist, Portfolio Onboarding, Dealing & Arranging

Company: Integrated Portfolio Solutions

Location: Sydney, CBD

Salary: $80-90k plus super

Summary: Look after the onboarding of private client investment portfolios, rebuilding and ongoing management of investment portfolio history and the arranging of transactions and settlement of trades of a variety of financial instruments.

About the role:

Integrated holds an Australian Financial Services Licence and specifically undertakes the tasks of dealing and arranging for the supply of financial services and products to investors through external private client advisers. In addition to arranging and facilitating client transactions we administer and report on clients whole of wealth.

The role encompasses:

·     Onboarding investors and their investment portfolios including:

o  Complying with relevant AML legislation and KYC regulations.

o  Reconstructing investor portfolios since inception at a tax lot level.

o  Establishing financial accounts including broking and banking accounts, setting up fee and reporting schedules and bank accounts, i.e. CMC Markets, Interactive Brokers, Finclear Execution, Phillip Capital, Macquarie Bank.

o  Arranging the establishment of Managed Discretionary Accounts and associated trading relationships.

o  Establishing international investment structures where required for investment portfolios.

•   Acting on or executing instructions to buy or sell unlisted assets, ensuring the settlement of listed asset transactions, transferring securities between legal entities or brokers and arranging the buying/selling of foreign currencies as required.

•   Reporting on trade and other portfolios transaction information along with portfolio valuation and performance information to the client and advisers and ensuring that investment portfolio information is accurately maintained at all times.

•   Management of corporate actions (rights issues, share purchase plans etc) on listed securities and actioning instructions to take up or lapse entitlements for clients.

•   Monitoring and advising of price changes and maturity of assets such as Term Deposits, corporate bonds and structured products.

•   Ensuring the compliance and regulatory adherence of portfolios.

Skills and experience

Sydney CBD based role – no remote applicants.

o  Relevant university degree (business, accounting, finance, or law).

o  +2 years experience in financial markets with specific experience in private client portfolio administration/management/dealing/reporting.

o  Direct experience with financial instruments including listed and unlisted equities, hybrids, debt instruments, structured products, derivates, FX and alternative asset structures .

o  Understanding of the application of the AML/CTF legislation and the relevant ASIC Regulatory Guides in an investment advisory environment.

o  Prior experience as a Desk Assistant/ Dealers Assistant or similar private wealth role essential.

How to apply

If this role sounds like you, please click on the apply button and follow the prompts. We will get in touch if you are shortlisted for this opportunity.


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