Ancillary Areas

Our client is seeking a sharp junior candidate with 1-3 years experience within equity operations to join their operations team on an ongoing long term contract with view to becoming permanent.

The Equity Settlements team supports the firm’s sales, trading and other business activities and has diverse responsibilities, including:

  • Ensuring that all operational risks are recognised and managed
  • Developing and maintaining strong client relationships
  • Making sure transactions are settled and recorded correctly
  • Providing value-added support in new markets and new products
  • Continually seeking opportunities for improvement and delivering innovative solutions

An opening has become available in the Domestic Equity Settlements team. The team is responsible for movement of securities and cash to settle trades with stock exchanges, brokers and clients.


  • Liaise with Local Agents to facilitate timely trade settlement, as required on a daily basis
  • Liaise with Local Agents for ad hoc market settlement queries
  • Liaise with Trade Support and Client Service groups for unmatched or failing
  • Trade resolution and ad hoc settlement queries
  • Understand the rules and regulations of the Australian markets and work within risk parameters
  • Clear stock and cash breaks between internal accounts vs. external custodian bank’s records, as required on a daily basis
  • Clear Internal reconciliation breaks for both stock and cash, as required on a daily basis
  • Investigate daily pre-matching or failing trade issues and communicate to various business units
  • Facilitate cross-border transfers of dual listed stocks
  • Assist with Management reporting for settlement rates and aged items
  • Identify and mitigate risk
  • Escalation of high risk items as per firm standards
  • Change / adapt process as required by market regulations or internal guidelines
  • TD+2 matching and chasing of custodians
  • Reconciliation of domestic stock positions – Settlement / Entrepot and Proprietary accounts
  • Reconciliation of cash accounts including Trust account
  • Monitor proprietary trading versus stock availability


  • Minimum 1 years financial markets experience, ideally in an Equity Settlements or Operations role with a broker dealer
  • Maximum 3 years experience in financial services
  • Exposure to CHESS held highly
  • Extremely accurate and reliable
  • Self motivated
  • Ability to analyse Settlements Risk and take appropriate action to escalate issues
  • Ability to interact and communicate effectively with local custodians, internal business units and client service groups on market issues
  • Able to work in a fluid team environment and within tight deadlines
  • Able to work flexible hours
  • Ability to work with colleagues in offshore locations, maintain communication and build rapport with these colleagues
  • High level of attention to detail
  • Ability to provide high levels of client service
  • Ability to multi-task, prioritise and project manage daily workflow
  • Ability to work through and close out problems
  • Strong analytical and interpersonal skills
  • Commitment, strong work ethic and significant leadership potential

No Working Holiday Visa candidates will be considered

Apply Now

"*" indicates required fields

Drop files here or
Max. file size: 256 MB.
    Drop files here or
    Max. file size: 256 MB.
      This field is for validation purposes and should be left unchanged.