Contractor - Senior Corporate Actions Specialist

A leading investment manager in Australia across a broad spectrum of risk-controlled strategies is seeking a Senior Corporate Actions Specialist....

  • CONTRACTOR - CORPORATE ACTIONS
  • LEADING INVESTMENT MANAGER
  • COMPETITIVE SALARY

Sydney CBD 2000, NSW | WH Marks Sattin

Banking - International Division - Trade Services - Industry Leader

Solid knowledge of international Trade and Finance (letters of credit, documents checking) will be needed for this industry leader....

  • Industry Leader
  • International Trade
  • Operations

Parramatta 2150, NSW | Tuckwell Recruitment

Banking - International Division - Trade Services - Industry Leader

Solid knowledge of international Trade and Finance (letters of credit, documents checking) will be needed for this industry leader....

  • Industry Leader
  • International Trade
  • Operations

Parramatta 2150, NSW | Tuckwell Recruitment

Banking - International Division - Trade Services - Industry Leader

Solid knowledge of international Trade and Finance (letters of credit, documents checking) will be needed for this industry leader....

  • Industry Leader
  • International Trade
  • Operations

Parramatta 2150, NSW | Tuckwell Recruitment

Banking - International Division - Trade Services - Industry Leader

Solid knowledge of international Trade and Finance (letters of credit, documents checking) will be needed for this industry leader....

  • Industry Leader
  • International Trade
  • Operations

Parramatta 2150, NSW | Tuckwell Recruitment

Settlements, Reconcilliations and Portfolio Officer

Working closly with Fund Managers in a business which currently has in excess of $24 billion in funds under management....

    Sydney CBD 2000, NSW

    Deal Administrator - Business Lending

    12 month contract - Junior role with major bank...

    • Employer of choice
    • Top 4 Bank
    • $23.5/hr including super ($46,000/annum)

    Sydney Metro, NSW

    $24 - $24

    Head of Investment Operations

    Head of Investment Operations...

    • Strategic input at an executive level
    • Growth and consolidation role key to the...
    • Excellent career opportunity and profile

    Sydney Metro, NSW

    Deal Administrator - Business Lending

    12 month contract - Junior role with major bank...

    • Employer of choice
    • Top 4 Bank
    • $23.5/hr including super ($46,000/annum)

    Sydney Metro, NSW

    $24 - $24

    Head of Investment Operations

    Head of Investment Operations...

    • Strategic input at an executive level
    • Growth and consolidation role key to the...
    • Excellent career opportunity and profile

    Sydney Metro, NSW

    Settlements Clerk Jobs

    By definition, a settlement is the procedure a where contract is fulfilled by the delivery of securities. Generally, these securities are delivered against payment. Settlements clerks help in facilitating and speeding up the process of settlements in a banking institution. Settlements clerks assist the settlement executive and other finance professionals in buying and selling securities, studying government regulations, handling certificates and
    record keeping.

    A settlements clerk may perform various bank officer functions as well as additional functions such as the following:

    • Document any transaction done within the context of the settlement
    • Check the authenticity of records and smoothen the procedure of share settlements
    • Purchase and sell settlement contracts and present them to clients
    • Facilitate sales and cash in cheques
    • Assist in market research of listed securities to provide advice for settlement executives
    • Record keeping and carry out the electronic transference of securities

    Settlements clerks can be assigned in any of the following fields in settlement proceedings: share certificates, accounts money markets, dividends, and settlement advisory. In a large bank a settlements clerk may work in only one of these areas, whereas in a smaller financial institution he may be tasked with several or all of those mentioned above.

    One important thing for settlements clerks to keep in mind: before a settlement, the security has rights that are considered to be personal. Great risk is involved should a vendor fail to comply with the agreement. After settlement, however, this personal right turns into a proprietary right and as such the security is protected from any insolvency issues from the opposing party.

    Job Qualifications

    Job applicants should be a graduate of business related courses such as business management, accountancy, economics, etc., or have a five-year working experience in a similar field. Settlements clerk jobs can compensate well, since an entry salary can be $30,000 a year or more.