Sydney
Investment Banking
Permanent
This leading global Investment Bank is looking for someone to join its Domestic Equity Settlements team in Sydney. The team is responsible for movement of securities and cash to settle trades with stock exchanges, brokers and clients.
Responsibilities:
- Facilitate timely trade settlements daily
- Liaise with local agents for ad hoc market settlement concerns
- Resolve trade and equity settlement queries
- Clear stock and cash breaks
- Clear internal reconciliation breaks for stock and cash
- Investigate failed trade issues
- Communicate between various business units and external custodians
- Reconcile domestic stock positions and cash accounts
Requirements:
- Minimum 2 years experience in an Equity Settlements role
- Exposure to CHESS
- 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
- Ability to maintain communication and build rapport with offshore colleagues
- High level of attention to detail
- Ability to work through and close out problems
- Strong analytical and interpersonal skills
- Commitment, strong work ethic and significant leadership potential
- HSC (or equivalent) qualification
- Further education in financial related discipline an advantage
- SDIA qualifications an advantage