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 valuable analytical mindset and ability to work under pressure;
- Excellent presentation and problem solving skills;
- Proficient in Excel, Access and Microsoft Office Suite