Benjamin Cavanough

Experience

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  Patrick Dixon Executive Leasing

  Jan 2004 - Dec 2007

  Property Manager
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  Morgans Financial Limited

  Oct 2010 - Dec 2013

  Teamed with retail equity operators in executing all trades through international stock exchanges (Australia, US, UK, Europe). Responded to communications on buying/selling shares. Monitored market to obtain best price. Ensured all trades within system matched those booked externally. Booked O/S trades and exchange rates. Liaised with advisers daily on daily volumes, live changes, and market movements.Financial Enhancements:• Increased business by consistently finding methods to ensure client paid minimum dollar for maximum possible shares, creating ongoing financial gains and enabling adviser to report positive position.• Monitored trading screen to immediately identify price changes, execute trades for clients, and achieve desired price.• Improved client savings at every opportunity by adeptly navigating multiple trading screens and by conducting market research to enhance understanding and make strong and beneficial judgments. Productivity & Operational Highlights:• Enhanced accuracy within high-pressure environment while prioritising trade execution by proactively improving subject matter expertise, reading IRESS manuals, and becoming familiar with system.• Forged trust with advisers by exhibiting strong work ethic, arriving early, staying late, and using lunch to study processes and improve knowledge.• Minimised impact of unexpected issues through prompt resolution by immediately and honestly communicating problems to advisers with complete information transparency. Show less Led daily transactions and settlements of all trades, including equities, options, and bonds. Ensured smooth trade management, payment by settlement date, and daily batch run for withdrawing and depositing funds. Performed daily account reconciliation and discrepancy resolution for client options accounts and company general & trust accounts. Relationship & Team Building:• Cultivated trust with both advisers and banks by accurately managing millions of dollars daily on time and without discrepancies.• Oversaw monthly team meetings, leading discussion among 10 staff members of upcoming floats, significant events, workflow, new policy implementation, cross-training, and any other relevant issues.• Selected to conduct training of upwards of 10 team members, reporting results directly to manager.• Enhanced client relations by using interpersonal skills and approachability to build rapport, acting as first point of contact for numerous advisers and banks when problems / queries arose.Productivity & Operational Highlights:• Entrusted with Assistant Account Manager role for 6 months during team transitional phase.• Managed increased workload due to staff shortage by prioritising activities and improving organisational processes.• Adhered to numerous, ongoing daily deadlines by collaborating with team to avoid creating overwhelming workloads, ensuring that banks received funds on time. Show less

  • Retail Equities Operator

    Jun 2013 - Dec 2013

  • Senior Accounts Settlement Officer

    Oct 2010 - May 2013
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  JPMorgan Chase & Co.

  Feb 2015 - Nov 2017

  Operations• Australia and New Zealand Local Agent for global custodian to sub-custodian. • Responsible for flow of trade instructions between the global custodian and local sub-custodian, covering equity, fixed income and physical settlements. • Provide local knowledge and expertise to the global teams including, Client Service, Trades Processing, Securities Lending & Account Management. • Identify and resolve cash or stock breaks that may arise between Global Custody and sub-custodian. • Facilitate cross border trades between local and international exchanges. • Continually review and improve internal processes and procedures. Show less Operations• Execution of client instructions, via SWIFT & fax format, on Austraclear and Securitease (CHESS) markets.• Multiple security classes including; Fixed Income, Discount Securities, Cash & Equity securities.• Performed reconciliations of Cash, Securities and ISIN.• Completing off market transfers of physically held securities.• Correspondence with counterparties, clients and registries. Audit• Liaise with external (PWC) auditors in reviewing historical EOD checklists.• Upholding and maintaining compliance through regular reviews of control.• Liaise with internal auditors to discover and investigate potential risks of the custody business.• Develop and manage new internal control. Show less

  • Australian Settlements Local Agent

    Aug 2016 - Nov 2017

  • Investor Services

    Feb 2015 - Aug 2016
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  Warakirri Asset Management

  Jun 2018 - Oct 2018

  Operations Analyst
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  Morgans Financial Limited

  Dec 2018 - Mar 2020

  Associate Adviser
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  Morgans Financial Limited

  Jun 2020 - now

  Private Client Adviser