Settlements Analyst

As a Settlements Analyst you will be a detail-oriented and proactive individual who will play an important part in this crucial team. This role will involve facilitating the settlement of Equity, Fixed Interest and Managed Fund orders by ensuring instructions are submitted to Brokers and Sub-Custodians in a timely manner. You will be responsible for the accurate processing of Buy and Sell Orders received via FNZ Platforms (WRAP) and the corresponding payment requests, sourcing confirmations from Fund Managers/Issuers and settling the relevant orders.

In this role, you will also be involved in monitoring group emails and internal case logs, addressing issues, providing updates, and ensuring accurate and efficient completion of tasks. Additionally, you will collaborate with the Service and Support department to enhance system and process efficiencies and work closely with management and team members to improve documented procedures for greater controls and effectiveness within the business.

If you have a keen eye for detail, excellent organizational skills, a passion for supporting trading processes, and are eager to learn more about FNZ and all that we do, we encourage you to apply.

The responsibilities will include:  

• Confirm instructions to Brokers and Sub-Custodians for Equity/FI trades to ensure timely settlement.

• Administer Managed Fund buy and sell orders via FNZ Trading Platform (WRAP).

• Process cash payment requests for buy trades to the cash team.

• Send accurate orders to the Fund Manager or Issuer via email at designated times.

• Gather trade confirmations from Fund Managers/Issuers through post, fax or email.

• Monitor Internal Reconciliation reports and investigate discrepancies alongside maintaining control accounts in GLAD (WRAP Accounting System)

• Complete orders accurately within WRAP after confirmation from external parties.

• Follow up payments and statements from Fund Managers and issuers.

• Maintain records for transparent administration process to regulators and auditors.

• Monitor group email(s) and internal case log(s) to address issues accurately and efficiently.

• Review Breach and KPI reports, provide feedback, and resolve exceptions.

• Undertake other projects/tasks as required to facilitate team operations.

• Collaborate with Service and Support department for system/process enhancements.

• Work with management and team members to improve documented processes.

• Participate in testing Trading & Settlements related functions for project releases and regression testing.

What are we ideally looking for in a successful candidate? 

• 2 years’ experience in an Investment Operations role preferred.

• Familiarity with financial markets and wealth management products is preferable.

• Enthusiastic and an effective communicator who values teamwork and collaboration.

• Confident and able to take initiative given client and delivery focused environment.

• Independent, self-directing and delivery focused working style.

• Ability to work under pressure to multiple firm deadlines.

• Excellent organisational, administration and time management skills.

• A passion to be part of a high performing team.

• Ability to take ownership and responsibility.

• Proficient computer skills, specifically intermediate to advanced excel skills.

• Highly developed written and oral communication skills.

If this role appeals to you, please apply with your cover letter and CV by the 3 November 2024.

*Please note we shortlist as we receive applications. We encourage early applications as we may withdraw advertising at any time. 

For more information, please reach out to us! 

[email protected]

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. 

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. 

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.