Senior Operations Associate - Equity Derivatives

Sydney
Asset Management
Permanent

An exceptional, senior trading operations position has become available working in direct support of a Trading team focussed on Equity Derivatives and ETF’s.

This position would suit an experienced operations, trade support or middle office professional who has experience with a global investment bank, fund manager or trading firm and seeking to support a high-performing team of traders.  

The ideal applicant would have at least 4 + years experience within a middle office style role covering equity derivatives and have good corporate actions knowledge and expertise.

As a Senior Operations Analyst, you will be responsible for helping the day to day running of the back office. This will entail position reconciliations, ensuring trades are captured in an efficient and timely manner and positions are accurate and reconciled to external brokers, produce accurate daily Profit and Loss, and ensure a strong control framework throughout the complete trade life cycle

Responsibilities:

• Reconciliation of position, cash, and trade activity prior to Market open.
• Ability to reconcile front office estimates to prime broker reporting.
• Analysing Accruals including Capital & Interest charges, expenses, and commissions
• Price Validation of Trader End of day close prices.
• Liaise with external parties to resolve any position/cash discrepancies.
• Contribute to system improvement to help streamline daily processes.
• Support the business in its growth and expansion into new products and Markets.
• Working with legal and compliance for onboarding new relationships
• Support desk to effectively manage their Margin obligations.
• Maintaining and managing operational processes as per regulatory framework 

We are looking for high calibre people who possess the following competencies:

• Around 4+ years previous experience in financial services
• Strong knowledge of equities / equity derivatives, especially Options and corporate actions
• A person who excels in a fast-moving environment, self-starter, and resourceful in solving problems
• Have an in-depth knowledge of handling trade flow through to settlement
• Knowledge/Experience of Asian Markets a preference
• Ability to build strong and positive relationships both internally and with Broker contacts.
• Strive for efficiencies and to challenge the status quo to drive changes.
• Ability to prioritise based on materiality and risk considerations.
• Analytical mindset when tackling issues.
• Knowledge of SQL, VBA and Python would be highly regarded