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Cash Settlement Administrator

August 2, 2022

This is an excellent opportunity for an experienced Cash Settlement Administrator looking to:

  • Be part of a rapidly growing organisation
  • Learn and develop your knowledge within a very experienced and successful financial services operations team
  • Enjoy being part of a team and contributing to team success

Who we are

At FinClear, technology and progress are in our DNA. We are an independent, Australian-owned and developed technology and financial services business, specialising in providing trading, execution, clearing and technology solutions to wholesale intermediaries, FinTechs, wealth managers and financial planners.

Our Financial Markets infrastructure could be likened to other major global platforms that deal with massive amounts of data and huge volumes of transactions that are executed in real-time to a vast audience. But unlike others, we own our own regulatory and technology infrastructure enabling us to partner closely and move quickly to build solutions that are fit for purpose to better assist our clients.

FinClear was established in 2015 with offices now in Sydney, Melbourne and Perth. We’ve almost tripled in size in the last 12 months and have further plans to grow with more platforms and services in the pipeline to be released. We have accomplished a lot, but our sights are set on what we haven’t done, and that’s the competitive advantage we offer to our clients and where you come in.

About the role 

The Cash Administrator Administrator works within the Cash Team – an integral part of our Operations division. You would be responsible for ensuring all daily activities in relation to domestic and international equity, and exchange-traded option settlements are actioned accurately and on time.

To be considered for the opportunity, you will be required to demonstrate: 

  • 3 years’ experience in a similar role
  • Background in Financial Markets and back-office processes
  • Strong attention to detail and excellent time management skills.
  • Settlements and corporate actions experience gained through equity settlements exposure at a securities organization or investment bank
  • Experience using Summit (preferable)

What you’ll do

As a Cash Settlement Administrator, you’ll step into a key role for the business, in which your key responsibilities include, but are not limited to:

  • Processing cash payments and receipts for all domestic and international
  • Settlement – including RTGS + International payments (TTs);
  • Processing cash settlement via ASX Austraclear Exigo;
  • Monitoring and maintaining Trust Balances and movements;
  • Liaising with internal and external stakeholders for all cash settlement queries;
  • Conduct callbacks to clients for cash transfers;
  • Liaise with Money Market providers for daily settlement;
  • Liaise with Margin Lenders for cash settlement;
  • Daily reconciliation of International Cash balances;
  • Deliver quality service to both internal and external clients

Working at FinClear

At FinClear we refer to our employees as ‘FinStars’. They are the heart and soul of FinClear and without them, we wouldn’t be the passionate, innovative and successful company we are.

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What’s the best thing about working at FinClear? That’s our people and the technology solutions we create. However, as the business grows, we are also evolving our perks!

We currently offer:

A generous employee stock ownership plan (ESOP)

16 Weeks of gender-neutral paid parental leave

A hybrid work policy – we have fantastic new offices as well as great tech solutions to enable you to work from home seamlessly

An inclusive and diverse working environment

If this sounds like it could be your next move for 2022, please hit the Apply Now button.

Please note you must have the right to legally work in Australia to be considered for the immediate opportunities at FinClear, sponsorship options are not currently available.