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We’re seeking a detail-oriented Custody & Administration Officer to support the delivery of custodial and investment administration services within our IPL Investment Operations team. This role is critical in ensuring the accurate and timely processing of transactions and maintenance of books and records across our individually managed account solutions.
Job Responsibility
Execute day-to-day custodial and administrative functions relating to the IP Direct custodial MDA service
Perform daily custody asset reconciliations (books and records management)
Administer settlement processes with fund managers, brokers, and custodians
Process asset transfers (in and out) and corporate actions
Process income, foreign exchange, managed fund execution, and other investment administration tasks
Prepare, calculate, and reconcile monthly fees
Maintain internal systems and procedures relating to custody and administration functions
Ensure all investment administration tasks are completed accurately and within required timeframes
Requirements
Bachelor’s degree in Business, Commerce, Economics or similar, with a strong aptitude for financial services
2–3 years’ experience in a similar portfolio administration or custody role within financial services
Experience in Managed Accounts and exposure to the SS&C suite of technology products is highly regarded
Experience working within an operational team delivering investment solutions
Strong attention to detail, particularly in data analysis and management
Strong written and verbal communication skills
Advanced Microsoft Office skills, particularly Excel
Highly organised with the ability to prioritise tasks and meet multiple deadlines
Proactive, reliable, and able to work both independently and collaboratively
High level of integrity and commitment to compliance with industry regulations
You must hold current permanent and full-time working rights in Australia e.g. Citizen or Permanent Resident.
What we offer
Ongoing flexible working arrangements
Family friendly work-life balance
Genuinely open and supportive culture with an approachable executive team