Portfolio Administration Analyst

About Praemium

Praemium was established in 2001 to simplify and streamline the complexities of wealth management. Today, we offer the only fully integrated platform that allows every part of an investor's wealth to be managed in one place. Managing over $63 billion in funds under administration (and growing) for leading institutions and private wealth firms, we deliver innovative technology and exceptional service to our clients.

We pride ourselves on empowering advisers to efficiently manage the wealth of people in Australia. Join us on our mission to redefine wealth platforms and help shape the future of financial services.

The Portfolio Administration Analyst Role

We are seeking a Portfolio Administration Analyst to join our Scope+ team, with a focus on reconciliations and portfolio maintenance. This role is responsible for the accurate administration and reconciliation of client investment portfolios, across domestic and international assets.

The role involves maintaining data integrity, resolving complex discrepancies and supporting efficient transaction processing.

As a trusted point of contact for both internal teams and external clients, you’ll support high-quality client outcomes and delivery our industry-leading portfolio administration services.

Key Responsibilities

• Reconciliations: The major part of the role will be to execute portfolio reconciliations and maintain accurate, up-to-date data. You’ll investigate and resolve discrepancies to ensure accurate financial reporting.
• Portfolio Maintenance: You’ll process a range of domestic and international transactions (e.g., fixed interest, asset transfers, redemptions, corporate actions) and administer alternative investments and fund transfer requests.

Desired Qualifications, Experience And Competencies

• Minimum 2 years’ experience in a middle office, custody, or funds administration role.
• Strong understanding of asset administration and reconciliation processes.
• Understanding of financial instruments and CGT implications.
• Proficiency in financial software and data analysis tools.
• The ability to manage multiple priorities and have resilience.
• High attention to detail and commitment to quality and client satisfaction.

What Praemium Offers

• Flexible hybrid work environment—split your time between home (3 days) and the office (2 days – typically Wednesday and Thursday).
• Competitive salary with annual performance incentives (bonus).
• Comprehensive leave benefits, including paid parental leave (for mums and dads), paid volunteer leave and additional purchased leave options.
• Employee perks including referral bonuses, novated leasing and retail discounts
• Learning and development through Praemium Academy, online learning platforms and internal career pathways
• End-of-trip and wellness room facilities at Australia Square office
• The chance to work for a values-driven organisation committed to ESG and doing the right thing

How to Apply

Please apply with your CV and cover letter detailing how your experience and career interests align with the key responsibilities and competencies of this role. We are committed to building a diverse and inclusive workforce and welcome applications from all qualified candidates.

Please Note: Only applicants with full, unrestricted work rights in Australia will be considered (PR or citizenship). A police check will be required for successful candidates.

Key skills/competency

• Portfolio Reconciliation
• Financial Reporting
• Data Integrity
• Investment Administration
• Transaction Processing
• Corporate Actions
• Alternative Investments
• Financial Software
• Data Analysis
• Client Services