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SalarySupporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholders
Closing date: COB Sunday 25 February 2024
Please note Rest does not accept speculative resumes from recruitment agencies
Job Description
- Great Opportunity to Assist Portfolio Managers in the Investment Administration of Portfolios
- Permanent, Full-Time Opportunity
- Melbourne, Sydney or Brisbane Located
- Hybrid Working - Blend of Office and Home
Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds.
We support nearly two million members, with around $75 billion of funds under management and are recognised as a responsible investment leader*. We believe when members understand and engage with their super, they’re more likely to get a better retirement outcome.
Everything we do at Rest is underpinned by our values and behaviours, we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply we want our people to thrive and love the work they do.
About the Job
The primary objectives of the role are to assist portfolio managers in the investment administration of portfolios, and support the delivery and ongoing management of the Portfolio Management System, to deliver a quality investment management service to Rest.
Key Accountabilities/Responsibilities
- Contribute to the day to day working relationship with the Custodian, focusing on the delivery of instructions to the Custodian, resolution of issues relating to the settlement of transactions, the timeliness of day-to-day reporting, portfolio valuations and consistency of data between the Custodian and Rest’s portfolio management systems;
- Contribute to the delivery of the Investment Management System (Charles River).
- Contribute to the ongoing development of the Investment Management System, liaising with system developers to deliver enhancements to both Front and Middle Office teams;
- Ensure a positive working relationship between Rest and the Custodian and liaise with Rest Internal teams as required to prevent and resolve any issues which may impact unit pricing;
- Ensure that the internal Investment Management Systems are accurate and consistent with the fund’s custodian’s records;
- Undertake appropriate reconciliation of records to ensure management reports are accurate;
- Ensure an effective, efficient and secure settlement process is implemented and maintained and liaise with the Custodian and other counterparties in respect of settlements;
- Contribute towards development and improvement of portfolio management reporting processes and settlement systems;
- Other operational, administrative and analytical processes as directed.
About You:
Qualifications:
- An appropriate tertiary qualification in a financial or related discipline.
- 3-5+ years Investment Management experiene
- An solid understanding of financial instruments, derivatives and settlement procedures
- An appreciation for maintaining strong internal controls and procedures
- Experience with Charles River highly desirable
- An ability to communicate effectively with stakeholders
- The highest degree of integrity and commitment to maintaining and enhancing the professional reputations of Rest through the quality of work output, interactions with work colleagues and external service providers
- Experience with the Microsoft Power Platform line of products, would also be highly desirable.
Benefits
Our benefits have been designed so you can tailor your experience with us and include:
- Personal and professional development opportunities
- Flexible, hybrid working – work to suit your lifestyle (must be based in Australia)
- Purchase leave scheme and gender neutral 16 weeks paid parental leave
- Super Contribution Continuation for 12 Months of parental leave
- Meeting free breaks (Rest Stops)
- Income Protection Insurance
- Rest Excellence awards (peer recognition awards based on Rest’s values and behaviours)
Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best.
We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks.
Please note only people with the right to work in Australia will be considered.
*Funds under management as at 30 June 2023. Rest is recognised as a by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022.
Rest will review applications prior to the closing date and may close the role earlier
