Equity Settlements Manager

8 months ago


Sydney, Australia Impel Management Pty Ltd Full time

Proven Leadership experience
- CBD Location
- Highly competitive remuneration package

**Join Our Team as a Scrip Settlements Manager - Stockbroking Operations**
Are you a seasoned professional in equity and options market settlements with a strong background in post-trade activities? We're looking for a skilled Scrip Settlements Manager to lead our dynamic Stockbroking Scrip team. This role is pivotal in overseeing CHESS movements, corporate actions, and broker-to-broker transactions within the Domestic Equity market.

If you thrive in a fast-paced environment and possess strong leadership skills, we invite you to explore this exciting opportunity.

**Responsibilities**:

- **CHESS Market Obligations**: Ensure strict compliance with CHESS market obligations and regulations.
- **Broker-to-Broker Transfers**: Facilitate secure transfers of CHESS holdings and Holder Identification Numbers (HINs) between brokers.
- **CHESS Conversions**: Manage conversions between Issuer-sponsored and CHESS-sponsored securities.
- **Settlements Oversight**: Supervise Delivery Versus Payment (DVP) settlements, margin lending settlements, and off-market transfers.
- **Corporate Actions**: Coordinate corporate actions, takeovers, buybacks, and market protections.
- **Sponsored CHESS Holdings**: Oversee the operation of sponsored CHESS holdings.
- **Options Collateral Management**: Ensure accurate management of options collateral.
- **MFunds on ASX**: Handle Mutual Funds (MFunds) on the ASX platform.
- **Trade Monitoring**: Keep a vigilant eye on trade bookings and suspense accounts, taking necessary actions.
- **ASX Bookbuilds and IPOs**: Lead technical management for ASX Bookbuilds and IPOs.
- **Market Initiatives**: Oversee the review and implementation of market and business initiatives.
- **Procedure Development**: Develop and implement operational procedures for efficiency and accuracy.
- **Process Automation**: Proactively seek opportunities to streamline and automate processes, potentially using robotics.

**Key Skills and Experience**:

- Essential:_
- Strong understanding of equity and options market settlements.
- Team management experience.
- Knowledge of CHESS market obligations and regulations.
- Proficiency in corporate actions and post-trade activities.
- Ability to work with various stakeholders.
- Strong problem-solving and communication skills.
- Familiarity with software and system upgrades.
- Experience with GBST Shares.
- Experience with Microsoft Office products.

**Competencies**:

- Excellent written and spoken communication.
- Strong numeracy skills.
- Accuracy and attention to detail.
- Well-organized with the ability to prioritize tasks.
- Ability to multitask and work autonomously to meet deadlines.
- Quick grasp of new concepts.
- Effective communication with internal and external stakeholders.
- Positive and proactive management skills.



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