Equity Operations Associate

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 and stock 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 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 5 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;
• Proficient in Excel, Access and Microsoft Office Suite.