Sydney
Ancillary Areas
Permanent
Our client is a global trading business that focuses on the trading primarily of futures, options and equity derivatives. Their Sydney business has about 200 staff, with about 8 in operations. This position of Operations Associate will sit within their operations team, and reports to the Operations Manager.
They are an employer of choice in Sydney and are known for a great work-life balance, and a great relaxed work environment. This position would suit an operations professional who has experience with a hedge fund, fund manager, trading firm or investment bank.
The ideal applicant would have previous experience for a few years within corporate actions, position reconciliations and dividends processing.
As an Operations Associate you will be responsible for responsible for trade capture and position reconciliations, ensuring trades are captured in an efficient and timely manner and positions are accurate and reconciled to external brokers.
- Capturing trades into internal systems in an efficient and timely manner
- Ensure broker statements reconcile to internal systems daily across all products.
- Fail trade processing, via liaison with Prime Brokers and counterparties.
- Manage after trade details such as conversions cash flows including FX
- Maintain PnL including cash flows for equity swaps/CFD's
- Handle all corporate action activity across holdings including stock splits/rights issues/tender offers/dividends
- Assist with creation/redemption applications for ETF's
- Maintenance of internal system static data – Liaison with IT Development Team to have this correct through both F/O and B/O systems
Essential Qualifications & Experience
- 2-5 years' experience in a similar role
- Operational knowledge of Asian securities markets ideal
- Thorough knowledge of equity and OTC derivatives in particular equity swaps
- Strong corporate actions experience needed to cover economic implications of flows as well as operational booking and reconciling requirements