Equity Settlements – Senior Associate

Written by Anton Murray Consulting Consulting on .

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Location: Sydney

Salary description: AUD $85k - $120k base salary

  • $50-100k AUD Equivalent
  • Permanent
  • 3 to 7 years of experience

Our client is a global institutional equity brokerage firm, seeking an experienced equity settlement / trade bookings candidate to support their front office team.

The Equity Settlements Senior Associate role is focused on all domestic equities settlements, transfers, trade bookings and enquiries relating to this area.

Ideal candidates will have at least 2 years’ experience in equity broking operations.

The key responsibilities of the Equity Settlements Associate include, but are not limited to:

• Movement of stock between CHESS and within house accounts
• Liaise with client brokers to source stock for timely settlement
• Daily follow-up of outstanding trades and requests
• Review of all exception reporting
• DVP, Cash, On Market Settlement.
• Review short positions to avoid CHESS fail fees
• Liaise with stock lending desk to arrange stock borrow for failing trades
• Liaise with Cash department to arrange late/early settlement
• Reconcile Start and End-of-Day Stock position
• Assist with client’s Scrip Settlement queries
• Liaise with external brokers for transfer requests and settlement queries
• Review system generated reports
• Complete Equity transfers including: Broker-to-Broker; HIN; Off/On Market transfers and conversions
• Complete Electronic and Manual 451 SRN searches
• Assist client CHESS transfer queries
• Assist Deceased Estates / Change Trustee queries
• Reconciling client holdings
• Facilitate International Stock settlement
• Deliver quality service to both internal and external clients ensuring all internal controls and procedures are complied with at all times

The Equity Settlements Administrator will ideally have:

• 2+ years’ experience equity settlements
• Settlements experience gained through equity settlements exposure at a securities organisation or investment bank
• Knowledge of CHESS and ASX business rules

Contact Us in Sydney


Phone:+61 2 8246 8900

Hiring Staff: hire@antonmurray.com

Seeking Work: apply@antonmurray.com

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