Associate Advisor - 12-Month Initial Contract

Alex Gatfield; Melbourne; On-site; AUD 60,000 - 90,000; Full time

Job summary

Alex Gatfield in Melbourne is seeking to hire an Associate Advisor to join the Melbourne team, supporting 3 leading private client advisers and their high-net-worth clients.

The role will involve liaising with clients, placing trades on their behalf, and providing operational support to the team, with a background of 2+ years in stockbroking or private wealth advisory support preferred.

Qualifications

• Degree-qualified in a banking-related discipline.
• RG 146 (ideally – if not will be paid for to study).
• 2+ years' experience in stockbroking or private wealth advisory support.
• Strong communication via phone and client-facing interactions.
• Familiarity with US/UK tax forms like W8BEN and CRS preferable.
• FOFA-related forms understanding preferable.
• Knowledge of financial markets fundamentals.
• Prior broking Operations experience highly regarded.

Responsibilities

• Handle administrative client queries.
• On-board clients and create client records in systems.
• Maintain client accounts in line with AML/CTF, KYC regulations.
• Manage IPO and corporate action allocations.
• Prepare client valuations, asset allocations and reporting.
• Assist with client asset transfers domestically and internationally.
• Process and monitor stock settlements and follow up on funds.
• Liaise with internal stakeholders and departments.
• Proactively inform advisers of issues with proposed solutions and timeframes.
• Adhere to company policies and regulatory requirements.

Skills

Strong communication

Client liaison

Attention to detail

Stockbroking knowledge

Industry knowledge

Education

Degree in Banking/Finance or related

RG 146

Job description

Melbourne
Wealth Management
Contract or Temporary

Our client is a global tier-one Private Wealth Advisory firm seeking to hire an Associate Advisor to join their Melbourne team supporting 3 leading private client advisers and their HNW clients.

The role will be directly supporting 3 private client advisers, liaising with their clients, placing trades on client behalf and providing further operational assistance to the team.

The ideal background will be someone with around 2+ years’ experience in stockbroking or private wealth advisory support such as a Dealers Assistant / Desk Assistant role.

Responsibilities

• Facilitation of all administrative client queries
• Client on-boarding, including preparation of account documentation, creation of client record in systems.
• Arrange and assist with maintenance of client account and records, in line with current AML/CTF,KYC Regulations.
• IPO and corporate action allocation management.
• Preparation of client valuations, asset allocations and reporting as required.
• Assist in client asset transfers, including cash, both domestically and internationally.
• Process and monitor stock settlements, including follow up with clients regarding outstanding funds.
• Establish and maintain relationships with other internal stakeholders and departments.
• Proactively notify client/s and advisers of any issues recommending a solution and timeframe.
• Adhere to Company policies and procedures, regulatory and legislative requirements.

Experience

• Degree Qualified within a Banking related discipline
• RG 146 (ideally – if not will be paid for to study)
• Strong communication skills is a must and ability and confidence to liaise with on the phone.
• Ideally some experience in the Australian and global securities markets in an operations or CS capacity
• Ability to understand both US and UK tax forms like W8BEN and CRS – preferable.
• Ability to understand Opt In, FDS and Client Consent (ie FOFA) forms – preferable.
• Knowledge and understanding of financial markets fundamentals.
• Prior broking Operations experience highly regarded