Job Description
The Operations Associate will manage day-to-day operations, including overseeing the settlement process, monitoring operational risks, and contributing to the Operations team of our Australian business. Key responsibilities include:
Oversight of daily securities settlement and remittance operations, encompassing FX, stock/option settlement to ensure the accurate and timely execution of all instructions
Facilitating client shares transfer process
Managing Corporate Actions, both domestically and internationally
Vigilantly monitoring operational and risk metrics, promptly escalating potential issues or anomalies
Collaborating with customer service and marketing teams to enhance customer experiences
Skilfully managing liquidity and minimizing risk in coordination with the finance team
Identifying and implementing initiatives to enhance operational processes and reduce risk
Close collaboration with compliance teams to maintain a robust AML and KYC program
Testing controls to guarantee customers receive exceptional execution quality with venues
Formulating, reviewing, and enhancing operational procedures and workflows in response to regulatory changes and business conditions
Daily reconciliation of client/exchange/broker trades/option and positions, along with preparation of daily funding requirements
Liaising with clients and counterparties to address settlement issues and resolve discrepancies
Active participation in projects and implementation of new business/system enhancements
Planning and executing system User Acceptance Testing (UAT)
Requirements
Minimum 1:2 years of experience in Operations/Settlement/Remittance gained in financial or brokerage firms, or crypto related context is highly desired;
Degree holder in Finance, Accounting or related disciplines:
Sound knowledge of the relevant rules and regulations of ASIC and AUSTRAC;
Self-motivated, with a good analytical mindset and ability to work under pressure;
Excellent presentation and problem solving skills;
Good command of written and spoken English and Chinese is a plus;
Proficient in Excel, Access and Microsoft Office Suite.
Oversight of daily securities settlement and remittance operations, encompassing FX, stock/option settlement to ensure the accurate and timely execution of all instructions
Facilitating client shares transfer process
Managing Corporate Actions, both domestically and internationally
Vigilantly monitoring operational and risk metrics, promptly escalating potential issues or anomalies
Collaborating with customer service and marketing teams to enhance customer experiences
Skilfully managing liquidity and minimizing risk in coordination with the finance team
Identifying and implementing initiatives to enhance operational processes and reduce risk
Close collaboration with compliance teams to maintain a robust AML and KYC program
Testing controls to guarantee customers receive exceptional execution quality with venues
Formulating, reviewing, and enhancing operational procedures and workflows in response to regulatory changes and business conditions
Daily reconciliation of client/exchange/broker trades/option and positions, along with preparation of daily funding requirements
Liaising with clients and counterparties to address settlement issues and resolve discrepancies
Active participation in projects and implementation of new business/system enhancements
Planning and executing system User Acceptance Testing (UAT)
Requirements
Minimum 1:2 years of experience in Operations/Settlement/Remittance gained in financial or brokerage firms, or crypto related context is highly desired;
Degree holder in Finance, Accounting or related disciplines:
Sound knowledge of the relevant rules and regulations of ASIC and AUSTRAC;
Self-motivated, with a good analytical mindset and ability to work under pressure;
Excellent presentation and problem solving skills;
Good command of written and spoken English and Chinese is a plus;
Proficient in Excel, Access and Microsoft Office Suite.
💡 Quick Summary
Seeking a career-building opportunity? The Operations Associate position is now open for candidates interested in the Bank Jobs sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.