Officer Financial Markets

**Officer Financial Markets & Treasury - 26025**
- **Permanent**:

- **Sydney, NSW
**How will I Help?**
The IBS business has a proud history of supporting the Westpac Institutional Bank (WIB) and their many different customers, products and stakeholders, with a focus on being a business unit that is equipped to meet the ever-changing market.

The Financial Market Operations (FMO) teams are in Sydney, operating in a 24hr x 6 day “follow the sun” model, with business currently generated through Auckland, Sydney, Singapore, London and New York, and a growing amount of volume from Asia.

This is a role that entails Wrap, Reconciliations, Funding Control and Cash Investigations cases resulting from the activities of the Westpac Institutional Banking (WIB) trading business. This role will also cover administration for the Nostro accounts that are used to conduct the business needs of the Westpac Institutional Banking (WIB) trading business.

**Major accountabilities include, but not limited to**:

- Preparing monthly WRAP certificates, ensuring compliance with accounting policies and procedures
- Prepare/complete ad-hoc analytical financial reviews required to ensure compliance with Westpac’s
group reporting requirements
- Daily matching of unreconciled items on bank accounts or product systems
- Maintain accurate controls over daily funding processes within the various product systems in use by front office - segregation of duties, full reconciliation of balances, exceptional manual adjustments only.
- Investigation of overdrawn nostros, identification and resolution of funding breaks
- Liaising with front office to investigate and improve foreign currency funding processes and controls, including automation of current manual funding processes
- Responsibility for maintaining and developing working relationships between Operations, Finance, Network Management and Front Office to enable thorough and timely issues resolution

**What’s in it for me?**
You’ll play a significant part of the future of a business that has been around for 200 years. Our purpose is helping Australians succeed. So we’ll back you in the development of your career, internal career prospects, and flexible working. You’ll also keep learning to grown, backed by a fantastic team of people with a can-do, supportive structure.

**What do I need?**
**Skills and Experience required**:

- 2 years financial markets experience, preferable in a reconciliations function
- 2+ years financial / accounting experience (preferable)
- Knowledge of reconciliation systems, preferably TLM
- Tertiary qualifications and preferably accounting qualified (or currently studying)
- Excel,Word, and Powerpoint proficient
- Experience and understanding of accounting policies, standards and control
- Proven track record in data management and reconciliation processes
- Prior knowledge and experience of working within a control environment
- Highly organised with an ability to step back from the detail and identify the key issues

**What is it like to work there?**
We aim to provide one big, supportive team of people who love helping others succeed. Working with us you'll discover new ways of working, and an exciting range of roles to showcase your skills. As an equal opportunity employer, we’re proud to have created a culture where people can be their best, in an environment that values diversity and flexibility. And one where everyone belongs.

**How do I Apply?**
- The health and wellbeing of our employees is our top priority. We’ve developed clear standards to ensure our people are confident, safe and healthy whether they’re working from a Westpac Group site or working from home. These are based on expert medical advice and Safe Work Australia guidelines. _