Assistant Manager, Corporate Actions and Settlements Our client is a global custodian bank delivering local custody services to Australian and New Zealand clients across clearing, settlements and corporate actions. They are now seeking an Assistant Manager to join their Sydney based Banking Services Operations team on a permanent basis.

This role oversees service delivery across onshore and offshore processing teams supporting local custody offerings, spanning custody clearing, settlements and corporate actions for AU and NZ markets.

The Team The Corporate Actions team researches and processes fixed income and equity corporate actions across AU and NZ markets, including complex events. The Clearing and Settlements team handles settlement of equities, fixed income and associated cash across both markets, including physical certificate securities. The Corporate Actions function is already running smoothly and proficiently, so the immediate priority for this role is bringing cohesion and oversight to the Settlements team.

Key Responsibilities

Act as first point of escalation for onshore settlements and corporate actions team members

Serve as SME across AU/NZ settlement and corporate action processes

Support the development of team members, building strong understanding of operating models, risks and controls

Own resolution of reconciliation breaks assigned to onshore teams, applying appropriate typology codes

Support management with oversight of offshore settlement and corporate actions teams, ensuring robust onshore/offshore engagement

Partner with BSO account management teams and CSMs on service delivery and query resolution

Work with the BSO change management team to implement enhancements,



drive efficiencies and submit development requests for platform releases

Lead 1LOD and 2LOD testing requests, closing actions within agreed timeframes

Engage with market infrastructure providers such as ASX, NZX and NZClear, including annual contingency testing

Support timely, accurate delivery of regulatory and tax reports

Opportunity to line manage a graduate within the corporate actions team

Assist with documentation for client service reviews, RFPs and due diligence sessions

Step in as acting General Manager during the manager's absence

About You

5+ years' experience in financial services with strong knowledge of local custody operations

Hands on experience in settlements, covering cash, equities and overall settlement processes, ideally within a 2S custodian environment (not CIB)

Working exposure to corporate actions and corporate announcements, though deep expertise here isn't essential

Back office experience within a custodian bank

Full working rights in Australia required; unfortunately WHV holders cannot be considered for this role

Degree qualified in Business, Accounting, Economics or a related discipline preferred

Proficient in PowerPoint, Word and Excel, with familiarity applying digital automation tools to operational processes

Strong people management skills, with the confidence to build relationships across a diverse team

A project mindset, keen to identify automation and efficiency opportunities that save measurable time

Excellent written and verbal communication skills, with the ability to simplify complexity and present confidently

A collaborative approach, comfortable liaising between team members, the manager and senior leadership

#J-18808-Ljbffr

📌 Assistant Manager, Corporate Actions and Settlements (Sydney)
🏢 Ambition Group
📍 Sydney