Investments Administrator SMA

About us
Praemium was established in 2001 with a goal to simplify and streamline the complex and time-consuming process of wealth management. Today we offer the only fully integrated platform that allows every part of an investor's wealth to be managed on a single platform.  Praemium administers and reports on over $230 billion in FUA for some of Australia's largest and most reputable institutions, private wealth firms and advice practices. Offering a comprehensive and engaging investment and reporting experience for advisers to efficiently manage the wealth of Australians, Praemium is dedicated to delivering innovative technology and exceptional service to our clients.
  
Our SMA Administration team are on the lookout for an Investment Administration gun who will be responsible for managing the initial and ongoing administration of SMA client accounts – both super and non-super. This role involves tasks such as client onboarding, maintaining and updating accounts, processing payments, asset transfers, and liaising with various departments within the organization.
  
Main activities inlcude:

• Coordinating transfer requests by liaising with third-party vendors, custodians, fund managers, clients, and dealer groups to ensure compliance with industry standards and regulations.
• Processing various asset classes and counterparty requirements, including ASX listed securities, managed funds, international securities, and bond transfers.
• Completing Off Market transfer forms accurately and comprehensively, handling both CBO and NCBO transfers, and updating cost base history accordingly.
• Collaborating with other departments, third-party vendors, and dealer groups to manage the complexities of offboarding clients and ensuring timely account closure.
• Handling asset disposals according to client requests, following the closure process meticulously, completing all relevant tasks, and finalizing the account closure.
• Managing the opening of Investment, Super, and Pension accounts promptly while adhering to Compliance regulations, PDS, and market regulations.
• Engaging with counterparties to ensure accurate and complete account setup.
• Client account maintenance Administration
• Onboarding new advisers and establishing their access to our platform
• Conducting daily reviews of Zendesk tickets, promptly resolving issues to maintain high-quality customer service.

  
Essential Qualifications, Experience, and Competencies:

• Tertiary degree in a business-related subject or RG146 desirable.
• Minimum 2 years’ experience in funds management, platforms, or Custody environments, with an understanding of Custody and the Superannuation environment.
• Tech-savvy with strong MS Office product skills, especially in Excel.
• Analytical mindset with continuous improvement capability.
• Meticulous attention to detail.
• Excellent organizational and time management skills.
• Comfortable working in an agile environment with effective communication skills – both verbally and written.

  
What we provide for you to thrive in and out of work:

• A supportive work environment with hybrid working conditions - work from home and onsite, with a flexible schedule.
• Financial rewards for your contributions to our success including an incentive plan.
• Leave benefits to support you and your family, (both Mum and Dad) including paid parental leave and additional purchased leave.
• Additional benefits to assist with managing your money including novated leasing and financial wellness courses.
• A supportive and talented team that promotes diversity and inclusion.
• Freshen up before and after work when in the CBD with end of trip facilities at 367 Collins Street
• Future development opportunities in your area of interest

 How to apply:
Please apply directly with your CV and cover letter.
Please highlight clearly in your CV and cover letter how the following correlate with the role requirements:

• Your previous experience (related to the key accountabilities of this role)
• Your skills qualifications and background

We are committed to ensuring a diverse workforce at Praemium. We provide equal employment opportunities to all qualified persons without regard to race, gender, colour, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law
 
We can only accept applications from candidates with the right to work in Australia.
All successful candidates will be required to undertake a police check post appointment