FELIX WEI
Southbank,Australia
Summary
Diligent, analytical, and target-oriented financial professional with 8 years of experience utilizing technical expertise and agile aptitude to contribute to cross-functional collaboration and specializing in delivering accurate investment analysis and processing services under time constraints.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Managed Account Analyst
Netwealth Group Services Pty Ltd
06.2022 - Current
- Conduct daily timely checks to ensure models, assets, performance shadows and client accounts are in correct state and ready to be rebalanced
- Prepare and review daily MA flows report and communicate with team members on model changes and potential large trades prior to rebalance; and send heads up email to broker regarding large trades
- Initiate daily rebalance and conduct rebalance trade review under time constraints to ensure trades are triggered within set criteria and orders are sent out sufficiently before brokers’ cut off
- Estimate and evaluate if it is critical to re-run the rebalance when discrepancies/incorrect trades are picked up
- Review and verify trades generated by SMART, and send orders to broker daily
- Liaise with brokers like Citi, JP Morgan to achieve execution of orders for managed funds, ETFs, ASX listed securities and international securities on a daily basis
- Liaise and communicate with broker for NAV trades and asset underfill due to liquidity, volume or trading halt
- Action and approve in-specie transfers in and out of Managed Account; and cooperate with other teams for various transfer requests
- Monitor/process income and corporate actions into model shadows and performance accounts
- Manage team inbox and provide support to internal and external queries regarding managed account process and reconciliation breakpoint and provide necessary all-rounded support
- Involve in User Acceptance Testing for enhancements to systems supporting managed account facility
- Investigate and report any suspicious/failed transactions to eliminate possible human/system errors to the utmost extent before errors occur
- Analyze how internal human/system errors occur and conduct compensation calculations to assess the impact on model value for clients; liaise with other teams/advisers to evaluate value impact under various error scenarios
- Process trade fills and reprocess failed transactions/missing brokerage fees
- Provide sufficient support to model manager/fund manager regarding general requests and professional services like model creation, model change and fee variations, etc
- Assist with configuring model attributes and accessible lists for advisers, licensees and private labels
- Assist team leader with checking tasks and provide training to new team members
- Conduct monthly/weekly managed accounts and underlying assets checks to ensure accounts have no violation trades and model mandates are complied with
Corporate Action Analyst (International & Domestic)
Netwealth Group Services Pty Ltd
07.2020 - 06.2022
- Process both mandatory and voluntary corporate action events related to domestic and international securities
- Liaise with external fund managers/advisers regarding general queries/commercial arrangements
- Review ASX/Global (CITI) announcements, determine their materiality and decide if actions or communications to advisers/clients are needed
- Reconcile and allot cash and asset positions for corporate actions with 100% accuracy
- Prepare notification for clients and advisers to high professional and technical standard
- Take initiative to facilitate timely resolution to all unexpected problems (e.g. reconciliation break, cost base adjustment, pricing error, unclear/missing announcements/statements) and challenging/complex corporate actions
- Figure out events type, impacts and tax consequences via thorough information gathering and analysis
- Utilize appropriate processing method to correctly reflect tax consequences and corresponding cost base adjustment, whilst precisely distribute cash/securities to clients
- Mitigate risks and operational impact by resolving discrepancies in a timely manner
- Ensure gratification of SLAs by properly managing conflict priorities and delivering high quality results efficiently under time/workload pressure
- Provide support to other teams throughout the company to collaboratively achieve optimum outcomes
- Contribute to efficiency improvement by modifying processing load file template for specific corporate action events, and conducting regular/occasional inhouse system testing
- Possess flexibility and availability to assist team leader/member with daily work or unforeseen urgent tasks
- Maintain proactive attitude to overcome workload surge and frequent working responsibility reallocation without compromising quality and efficiency to achieve high-level performance
- Assist with team’s daily ad hoc work and some senior responsibilities
Data and Financial Analyst/Operations Support and Administrator
SEC Financial Services
04.2018 - 04.2020
- Coordinated and assisted manager in valuating and investing activities
- Created in-depth reports regarding important financial data that was submitted to the manager for final investment strategy decision making
- Monitored the secondary stock market and submitted related analysis report to the manager on a weekly basis
- Conducted qualitative and quantitative research and made individual judgement on internal and external pieces of evidence
- Developed a strong understanding of in-house system and ensured all data was entered correctly and with a 100% accuracy
- Processed data entry initiatives to reflect the appropriate instructions from the client into our system
- Ensured a high level of attention to detail while processing all documents and that any abnormal transactions were highlighted, adhering to AML standards where necessary
- Prepared document for client services upon request and emailing documents to clients
- Cooperated and assisted with other teams on maintaining documentations and position reconciliation
- Worked with compliance team and ensured all risks were minimized and any quality or potential issues were addressed directly and efficiently
- Liaised and handled clients’ enquiries via phone or emails, and ensured all daily KPIs were efficiently met, and SLAs adhered to
Corporate Actions Analyst/Graduate Analyst/Operation Team Member
KD Assets Management
04.2013 - 01.2016
- Thoroughly understood each corporate action events and ensured timely and accurate processing
- Maintained communications and prepared notifications for clients and adviser to high professional and technical standard
- Reviewed and checked all documentations to ensure the compliance of company procedures and policies, as well as legislations
- Built and maintained strong relationships with internal stakeholders and external parties such as banks and other financial institutions
- Assisted in coordinated communication between high net value clients, legal and brokers to settle private placement/bank loan
- Worked with fund performance management and reported processing related exceptions
- Generated in-depth analytical report to senior management for investment strategy decision making by meticulously reviewing and analyzing financial statements, micro and macro factors, and other related data
- Allotted cash and asset positions for corporate actions within set SLAs
- Assisted with accounts reconciliations and ensured all income, positions and records were consistent with bank records
- Interacted with clients and handled enquiries through phone and emails
Education
Master of Accounting -
University of Adelaide
12.2017
Msc of Finance - undefined
University of Leeds
UK12.2012
Skills
- Attention to Detail Displaying competency and high level of attention to details, ensuring accuracy and completeness of particulars, rectifying any errors, and performing thorough reviews on documents
- Communication Skills Effective communication and presentation skills by developing strong peer and client relationships, interacting with people from different background and building up good interpersonal relations
- Teamwork A confident and mature team player with significance experience in teamwork, able to build and maintain cohesive working relationships with colleagues and supervisors
- Self-Motivated A self-starter, exceptionally organized, responsive to direction, reliable, and able to perform responsibilities to a high standard, either in a team environment or autonomously without supervision
- Microsoft Office
- ERP Systems/MYOB/SAP
- EViews/SPSS
Certification
- Passed CFA Level 1 2021-07
- Certificate in ESG Investing (CFA Institute) 2023-11
- FRM 2024-09
LANGUAGE
English
Chinese mandarin
ACTIVES AND INTEREST
Swimming and staying fit, Reading history books, Cooking & cocktail making, Watching movie
Timeline
Managed Account Analyst
Netwealth Group Services Pty Ltd
06.2022 - Current
Corporate Action Analyst (International & Domestic)
Netwealth Group Services Pty Ltd
07.2020 - 06.2022
Data and Financial Analyst/Operations Support and Administrator
SEC Financial Services
04.2018 - 04.2020
Corporate Actions Analyst/Graduate Analyst/Operation Team Member
KD Assets Management
04.2013 - 01.2016
Msc of Finance - undefined
University of Leeds
Master of Accounting -
University of Adelaide