OTC Derivatives – Operations Associate

Written by Anton Murray Consulting Consulting on .

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Location: Sydney

Salary description: $80 - 90k + super

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

Our client is a global trading business that focuses on the trading of futures, options and equity derivatives. Their Sydney business has about 150 staff and this position of Operations Associate will sit within their small operations team and reports to the Operations Manager.

They are an employer of choice in Sydney and are known for a great work life balance, and a relaxed work environment. This position would suit an operations professional who has experience with a global investment bank and is seeking a more balanced work environment.

The ideal applicant would have a few years’ experience 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/CFD’s
  • 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 ETF’s
  • 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

Contact Us in Sydney


Phone:+61 2 8246 8900

Hiring Staff: hire@antonmurray.com

Seeking Work: apply@antonmurray.com

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