Equity Middle Office
2 days ago
Sydney- Investment Banking- Contract or TemporaryAn opening has become available in the Equity Trade Support team based in Sydney at this prestigious bulge bracket investment bank. The role will be hired at the Associate level ( 3-7 years experience)
The team is responsible for close liaison with equities, derivatives, and program desk traders, interaction with domestic and offshore divisions to facilitate timely and accurate settlement, reconciliations with the ASX, plus accurate books and balances and trade booking functions.
Given the flexible nature of the team, the incumbent will be expected to complete all these tasks at some point. The team is the main point of contact responsible for handling all trade support tasks for the Australian and New Zealand markets.
The role encompasses the daily completion of tasks associated with the market and floor-side activities of the trade support group.
**Responsibilities**:
- Work with program traders, cash dealers, and Clicks operators to ensure trading system parity
- Co-ordinate and facilitate resolution of trade discrepancies (liaison with desk, IT)
- Complete Equity and Derivative trade bookings
- Work with the program desk on setting up / facilitating domestic and international trading details, including liaison with offshore offices
- Australian equity product setup
- Become involved in projects / strategic work as required
- Liaise with local and global IT teams to ensure that trades flow through systems correctly
- Collate monthly management reporting data
We are looking for high-calibre people who possess the following competencies:
- Around 3- 7 years of experience in a middle office/trade support capacity at a global investment bank in Australia
- 2+ years experience working within an equity middle office
- Experience working with AU/NZ markets an advantage
- Ability to work under pressure for long hours
- Ability to work with colleagues in offshore locations, maintain communication and build rapport with these colleagues
- High level of attention to detail and accuracy
- Excellent verbal and written communication skills
- Initiative
- Ability to multi-task, prioritize and manage daily workflow
- Ability to work through and close out problems
Qualifications/experience
- 3-8 years financial markets experience, with 2 + years in varied trade support role
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