Banking & Financial Services

Accounting Software Consultant

Business analysis, software implementation, training, interstate travel, iconic brand, excellent culture, leading software solution...apply now!...

  • Leading software brand
  • Requirements, Consulting and Training
  • Long term career development

Sydney CBD 2000, NSW | Wired Recruitment

$60,000 - $75,000+

Supervisor Performance and Reporting Analyst

Our client is seeking a Supervisor Performance and Monitoring Service Analyst to join their Fund and Support Services Unit on a permanent basis, leadi...

  • Supervisor Performance and Reporting Analyst
  • Employer of Choice
  • Competitve Salary

Sydney CBD 2000, NSW | WH Marks Sattin

Senior Financial Planner - North Shore - Existing Client Base

Great opportunity to join this boutique Financial Planning firm in the North Shore and work with an existing client base....

  • Established Financial Planning Firm
  • Great Working Environment
  • Career Progression Opportunities

Lower North Shore, Sydney, NSW | WH Marks Sattin

$80,000 - $80,000

Senior Financial Planner

This boutique firm is seeking an Financial Planner with a minimum of 5 years experience to join the team and work with an existing HNW client base....

  • Boutique Firm
  • High Net Worth Clients
  • Strong Remuneration Package

Sydney CBD 2000, NSW | WH Marks Sattin

$100,000 - $100,000

General Manager - Start Up Fund Manager - Sales And Relationship Management

Start up Asset/Fund Manager is requiring a General Manager with experience in building and developing a funds management business....

  • FRONT LINE/LEADERSHIP ROLE
  • DEVELOPMENT AND GROWTH
  • START UP FUND MANAGER

Sydney CBD 2000, NSW | WH Marks Sattin

Boutique Market Maker - Senior Risk Analyst - Governance

Boutique market maker is seeking a senior risk analyst from a governance/market risk oversight background. Policies and procedures, Liquidity, complia...

  • MARKET MAKER
  • DYNAMIC FIRM
  • CAREER ADVANCEMENT

Sydney CBD 2000, NSW | WH Marks Sattin

Relationship Manager - Employee Share Plans - Market Leader

Broking - employee share plans - remuneration - benefits - registry - portfolio - payments - trustee - project management...

  • EMPLOYER OF CHOICE
  • GROWTH PHASE
  • CAREER OPPS

Sydney CBD 2000, NSW | WH Marks Sattin

$55,000 - $75,000

Team Leader Performance Analyst

Out client a Leading Services Provider is recruiting a Team Leader Performance Analyst....

  • Team Leader Performance Analyst
  • Dynamic Enviornment
  • Competitive Salary

Sydney Metro, NSW | WH Marks Sattin

Trust Accountant.

Our client a Leading Financial Services Organisation is seeking a Trust Accountant. If you are highly motivated and driven and seeking challenging r...

  • Trust Accountant.
  • Leading Financial Services Organisation
  • Dynamic Environment

Sydney CBD 2000, NSW | WH Marks Sattin

Audit Manager

Our client a Leading Investment Bank is currently recruiting an Audit Manager, to join their dynamic environment....

  • Audit Manager,
  • Leading Investment Bank
  • Dynamic Environment

Sydney CBD 2000, NSW | WH Marks Sattin

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.