This position is a futures & options operations, client services and clearing role that sits within the small ETD operations group of one of our global investment banking clients. Our client is seeking a permanent employee to work in a standalone operations support role to manage the operational flow of exchange traded derivative trading and execution.
The ideal applicant will have several years of F&O/ETD operations, clearing or client services experience. Within F&O positions we find solid system knowledge is typically quite important and therefore exposure to GMI and/or Clearvision is quite desirable.
Our client will recruit this role from Associate up to AVP level – and we expect that ideally they would prefer to hire more at the AVP level. As such, they are open to a broad range of applicants. We expect this role to pay from $450-500 per day +super, although this will depend on the level of seniority of the successful candidate.
Responsibilities:
The Listed Derivatives function is our client’s global futures and options business within the Global Markets Division and offers exchange traded derivatives execution and clearing-related services. The Listed Derivatives Operations team in Sydney comprises several people and incorporates Clearing, Cash/Margin, Reconciliations, Brokerage, Client Service and Change.
This individual will be responsible for performing various Futures & Options functions and will need to interact with other Listed Derivative Operations teams across Asia Pacific and A/NZ Operations.
Examples of tasks to be performed are:
- Client Margin calls
- Nostro Funding and Reconciliations
- Manual Payment generation and approval
- FX Exposure management
- Daily/Weekly/Monthly – Reporting, MIS and Reconciliations
- Email queries/response
- Monitoring performance metrics of the remote team
- Escalation of issues in a timely manner to senior management
- Testing new versions of production equipment when required
Experience:
- Minimum 6-10 years Futures and Options operations specific GMI and Clearvision system experience.