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

Investment Operations at Netwealth has the following functional teams: Asset Administration, Corporate Actions, Domestic, International, Managed Accounts, QA Projects & Support, Tax and Asset Transfers. They are responsible for asset related processes across the Netwealth platform such as, corporate actions, in-specie transfers, international and domestic settlements, managed accounts processing, income processing, taxation, annual tax statements and asset administration. 

In the International team you will be responsible for: 

• Placement of international trades with external brokers and settlement of trades via our sub-custodian. 

• Processing trades to clients’ accounts. 

• Liaising with our sub-custodian and brokers regarding trade and settlement issues. 

• Processing of income and associated withholding tax. 

• Processing international stock transfers. 

• Completing daily reconciliations for all international transactions. 

• Involvement with the implementation of new features, system enhancements, and controls relating to international securities.  

• Review and process W-8 BEN forms. 

• Administration of foreign currency accounts (settlements and income is conducted in several major foreign currencies as well as AUD). 

You have: 

• Knowledge of financial services systems 

• Excellent communication skills (written and verbal). 

• A naturally customer/client focussed manner. 

• Strong organisational skills. 

• Sound problem solving and analysis skills. 

• Experience within the finance industry is desirable. 

• Experience with the completion of User Acceptance Testing for system upgrades and enhancements. 

• The ability to respond to all queries in a timely and efficient manner. 

• Experience in maintaining procedures for international administration functions. 

• The drive to complete all responsibilities within SLA’s. 

You are: 

• Positive, with a strong sense of self-motivation and initiative in the workplace. 

• Excellent written and verbal communicator with a high level of attention to detail. 

• Organised with strong time management skills. 

• Analytical with strong problem-solving skills. 

• Able to multi-task and work within tight time frames. 

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!  If you require any reasonable adjustments throughout the recruitment process, please let us know by emailing people@netwealth.com.au