OTC Derivatives Operations Associate

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 previous experience with a global investment bank and seeking a more balanced work environment.

The ideal applicant would have previous experience for a few years within equity derivatives, asset management operations or futures & options settlement/support and must have exposure to corporate actions.

Main duties and responsibilities:

• 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 / OTC cash flows including FX
• Produce nightly profit and loss estimate and reconciliation to front office.
• Liaise with Product Accountants & trading desk to ensure accuracy of nightly estimate.
• Maintain PnL including cash flows for equity swaps/CFDs
• Handle all corporate action activity across holdings including stock splits/rights issues/tender offers/dividends
• Assist with new counterparty onboarding process
• Assist with creation/redemption applications for ETFs
• 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:

• 3+ years experience working in the financial markets arena
• Operational knowledge of Asian securities markets
• Thorough knowledge of equity and equity derivatives.
• Knowledge of corporate action’s needs to cover economic implications of flows as well as operational booking and reconciling requirements