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Equity Options Trading Support Specialist
2 months ago
Location: Sydney
Department: Ancillary Areas
Type: Permanent
An outstanding opportunity has arisen for a Trader Assistant role within a prominent global trading firm located in Sydney. This position is situated on the trading floor, providing direct support to an Equity Options trading desk.
This role is ideal for a trade support or middle office professional with a background in a global investment bank, trading firm, or brokerage, who is eager to assist a high-performing team of traders.
Essential Knowledge: Proficiency in equity options is required.
The preferred candidate will have: A few years of experience in equity options within a direct trade support or trade execution role.
Our client is particularly interested in candidates with robust trade support experience, including direct trade booking and P&L assistance for traders, as well as strong knowledge of options products. This position will support one of the Australian market's Options trading desks, and the Trader Assistant may also be called upon to assist other trading desks as needed.
The team is responsible for maintaining close communication with other trading teams and interacting with both domestic and international divisions to ensure timely and accurate settlement, reconciliations with relevant exchanges, and precise trade booking functions.
Key Responsibilities:
• Collaborate with traders, operations, and external Prime Brokers to ensure alignment of trading systems
• Coordinate and resolve trade discrepancies through effective liaison with the desk and IT
• Execute Equity and Derivative trade bookings
• Assist the program desk in establishing domestic and international trading details, including coordination with offshore offices
• Set up Australian equity products
• Participate in projects and strategic initiatives as required
• Maintain flexibility regarding the products handled
• Work with local and global IT teams to ensure accurate trade flow through systems
• Compile monthly management reporting data
Desired Qualifications:
• Approximately 3+ years of experience in a middle office or trade support role at a global investment bank focused on Equity options trading support in the Asia Pacific region
• At least 2 years of experience collaborating with traders, with some P&L experience preferred
• Familiarity with corporate actions is advantageous
• Strong understanding of Equity Options
• Excellent verbal and written communication skills