Investment Administrator

Details of the offer

About Us
Praemium was established in 2001 with the goal of simplifying and streamlining the complex wealth management process. Today, we offer the only fully integrated platform allowing every aspect 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. We are dedicated to delivering innovative technology and exceptional service to our clients.
The Role
The Investment Administrator ensures smooth operations and compliance in managing unlisted assets. The role involves coordinating with fund managers to handle transactions, maintain records and manage various aspects of fund administration.
Main Activities of This Position Manage account openings with fund managers and ensure regulatory documentation is complete Process applications, redemptions, FATCA/CRS checks, and payments Track paperwork, confirmations, and resolve AML/KYC requests to maintain compliance Monitor trade execution accuracy and manage trade fees tracking Resolve trade errors promptly and communicate with custodians for issue resolution Reconcile cash positions, income distributions, and capital calls Maintain pricing registers and liaise with offshore teams for updates Manage advisor-managed assets following client instructions Address client queries and issues through Jira/Zendesk. Essential Qualifications, Experience, and Competencies Degree in Finance or Business Administration (preferred) Ideally 1-2 years of experience in roles with WRAP platforms, custodians, fund managers, or advisory groups Experience in investment administration Solid understanding of AML/KYC for different entities Strong excel skills (lookups and formulas) Ability to manage in a high-volume, manual processing environment Knowledge of unlisted assets and exposure to Foreign Account Tax Compliance and the Common Reporting Standard (CRS) would be favourable What We Provide for You to Thrive In and Out of Work A hybrid working environment with flexible hours and the opportunity to work from home and in our office Competitive financial rewards, including an incentive plan Comprehensive leave benefits, including paid parental leave and additional purchased leave Financial wellness support, including novated leasing and financial wellness courses A diverse, inclusive, and supportive team environment End-of-trip facilities at our 367 Collins Street office Opportunities for professional development and career growth How to Apply
Please apply directly with your CV and cover letter. In your application, clearly highlight how your previous experience, skills, qualifications, and background align with the key accountabilities of this role.
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.
Please note, we can only accept applications from candidates with the right to work in Australia (full/unlimited).
All successful candidates will be required to undertake a police check post-appointment.
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