Assistant Analyst - Asset Transfers

About Netwealth

Netwealth is a fast-growing fintech company, delivering market leading products with an award-winning and innovative wealth management platform.  We are on a mission to enable people to see wealth differently and discover a brighter future, not just for our clients, but also for our people.

Founded in 1999, with an entrepreneurial spirit, we are one of the fastest growing wealth management businesses in Australia.  With NextGen superannuation and investment technology, we are challenging the status quo.  We are agile and nimble, not stifled by bureaucracy.

We are proud of our team of talented people working hard to make life better for more Australian's.  Our values are who we are, how we tackle decisions, and how we want the world to see us - Curious, Optimistic, Courageous, Collaborative, Agile and Genuine.

The Opportunity:

The Assistant Analyst is an entry level role with great opportunity for the right candidate to start their career within the financial services industry.

Assistant Analysts are appointed so the Asset Transfer’s team can function to process Asset Transfer cases. They will work to manage queries in relation to existing and new asset transfer work items, including the liaison with external parties and advisers to coordinate a successful transfer process initiation, validation of paperwork and other tasks which contribute toward streamlining the transfers process for all Asset Transfers work items. Full training and development opportunities provided to the right candidate.

You will:

• Work closely with various third parties who each have their own processes some of which can be very bespoke.   
• Manage the vetting of transfer forms, this requires excellent attention to detail and a good understanding of the limited Power of attorney capability.
• Manage conflicting priorities and work in an agile fashion
• Maintain a customer focus to ensure you can identify and react to their evolving needs

You have:

• Excellent understanding of all aspects of transfers processes particularly with regards to transferring managed funds and listed securities with sound ability to explain, train and coordinate with peers in the execution of these tasks:
• Solid understanding of ASX securities (including warrants, LICs, ETFs) , bonds, managed funds and other unlisted assets;
• Sufficient knowledge of Capital Gains Tax to be able to review the various forms of Cost Base information provided with transfers and determine what additional information is required. Good understanding of the differences between a portfolio valuation and cost base and the importance of both in the transfer process.
• WRAP / Super platform experience highly regarded;

Life At Netwealth

At Netwealth, people are our core strength, and we invest in our employees no matter what stage of life they are in.  When you're at your best, we're at our best!

We prioritise the growth of our employees, and you'll be able to learn and develop yourself and your career at Netwealth.  We provide access to further education and diverse training opportunities, and we actively support internal mobility.  32% of our jobs filled in 2023 were from internal candidates.

We have a flexible and adaptable hybrid working policy with the expectation you'll spend 4 days a fortnight coming into our state-of-the-art office.  We're located in the heart of Melbourne's CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work, and breakfast provided daily.

We have a number of benefits that have been designed with a focus on health and well-being, support and growth.  Some of these include:

• Family-friendly workplace, with parental leave and a kid's holiday programme
• Wellness and lifestyle perks including discounted gym memberships, income protection, flu shots, wellness weeks, shopping and retail discounts, access to financial wellbeing services
• We're a social bunch and love to get together regularly, participating in corporate sporting events, games and trivia nights
• Employee Resource Groups - LGBTQIA, Women of Netwealth, Culture Group, Carers Group
• Support for community involvement through volunteering and our Netwealth Impact Group

Apply now!

Here at Netwealth, we support and encourage everyone to bring their genuine selves to work (it’s one of our core values), and we’re proud of our inclusive and diverse workforce.  We are committed to this through our gender equality, disability, LGBTQIA+, well-being and cultural initiatives.  We are proud to be endorsed and certified by Work180, Family Friendly Workplaces and Great Place to Work.

Are you curious about this opportunity but don't meet every single requirement? Research shows that we don't always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but don't tick every box, we encourage you to apply anyway!