Contact Us

Truly global and proudly local, we've been serving Australia for over 25 years with offices in Adelaide, Brisbane, Melbourne, Perth, and Sydney.

Get in touch

Our industry specialists will listen to your aspirations and share your story with Australia’s most prestigious organisations. Together, let’s write the next chapter of your career.

See all jobs

Exclusive recruitment partners

Explore the opportunities from a range of organisations that exclusively partner with Robert Walters for their hiring needs.

Learn more

Australia's leading employers trust us to deliver fast, efficient hiring solutions that are tailored to their exact requirements. Browse our range of bespoke services and resources.

Read more

Capability Statement

We offer a range of services that we have perfected over time, yet we embrace all challenges without exception. Share your talent challenges with us and together we will find the solution.

Learn more
About Robert Walters Australia

G'day! For us, recruitment is more than just a job. We understand that behind every opportunity is the chance to make a difference in people's lives.

Learn more

Work for us

Our people are the difference. Hear stories from our people to learn more about a career at Robert Walters Australia

Learn more
Contact Us

Truly global and proudly local, we've been serving Australia for over 25 years with offices in Adelaide, Brisbane, Melbourne, Perth, and Sydney.

Get in touch

Portfolio Reconstruction Specialist

Save job

Our client is seeking a dedicated Portfolio Reconstruction Specialist to join their dynamic team. This role offers an exciting opportunity to utilise your skills in portfolio administration, asset transactions, and financial data analysis. You will be instrumental in managing the reconstruction of investment portfolios, ensuring accuracy and efficiency in all processes.
Outside of technical knowledge, the candidate will be working closely with our offshore team to deliver outcomes so they must be a team player and be willing to provide ongoing training and support where needed.

What you'll do:
As a Portfolio Reconstruction Specialist, you will play a pivotal role in managing the reconstruction of investment portfolios to ensure that investment advisers and investors have access to an accurate performance, valuation and tax position for their portfolios. Your day-to-day responsibilities will involve determining the type of portfolio reconstruction required, collecting historical data, creating and pricing manual assets, inputting transaction data, identifying reporting gaps, reconciling asset positions and cash balances. You will also be responsible for identifying variances in cost-bases for trust securities and stapled securities. Your keen eye for detail will be crucial in reviewing unallocated amounts and atypical portfolio variance spikes. Lastly, you will take ownership of any remaining rebuild items identified during the initial onboarding process.

  • Determine the type of portfolio reconstruction required: Portfolio Valuation only, Current Financial Year only or Inception rebuild
  • Collect historical data including Asset Transaction History, Cash Transaction History, Outside Investments, Unrealised Capital Gains Report, Realised Capital Gains Report and Present-day Portfolio Valuation
  • Create and price unlisted asset records for unique assets held in a portfolio
  • Input Asset & Cash Transaction Data as per supplied reporting
  • Identify gaps in reporting due to corporate actions or externally paid transactions & income
  • Reconcile Asset positions, Cash Balance and Unrealised Cost-parcels
  • Identify variances in cost-bases for trust securities and stapled securities
  • Transaction Match remaining Cash, Asset, and Income lines not completed by the system
  • Review Unallocated Amounts and atypical Portfolio Variance spikes
  • Take ownership for remaining rebuild items identified during the initial onboarding process

What you bring:
The ideal Portfolio Reconstruction Specialist will bring a wealth of knowledge, and ideally minimum 2 years’ experience in a similar role. You will have an understanding of markets, including trade & settlement exchange mechanics and corporate actions. Your knowledge of asset class history will aid in understanding potential errors in portfolio valuations during reconstructions. Your technical ability with Excel, including filtering, sorting & ordering data, VLOOKUP, Pivot Table, IF statement, Text to Columns Find and Replace, will be crucial. A sound mathematical understanding is essential, as is tax knowledge including Capital Gains Discount, CGT Rollover Relief adjustments to cost-base AMIT Excess / Shortfall Tax Deferred Capital Returns Beneficial Ownership.

Further, the ideal candidate will be someone willing to take full ownership and progress into leading an offshore team. Attention to detail, problem-solving, quality control, and communication skills (liaising with advice office staff, accountants, fund managers, registries, and internal staff) will be highly valued.

Aboriginal and Torres Strait Islander Peoples are encouraged to apply.
To apply please click apply or call Charlotte Nairn on 02 8289 3137 for a confidential discussion.

Contract Type: FULL_TIME

Specialism: Banking & Financial Services

Focus: Operations

Industry: Financial Services

Salary: AUD80,000 - AUD90,000 per annum

Workplace Type: On-site

Experience Level: Associate

Location: Sydney

Job Reference: 1975820/001

Date posted: 27 May 2024

Consultant: Charlotte Nairn

I'm Robert Walters Are you?

Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.