Job Description:
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:
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Oversight of daily securities settlement and remittance operations, encompassing FX and stock settlement to ensure the accurate and timely execution of all instructions.
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Facilitating client shares transfer process.
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Managing Corporate Actions, both domestically and internationally.
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Vigilantly monitoring operational and risk metrics, promptly escalating potential issues or anomalies.
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Collaborating with customer service and marketing teams to enhance customer experiences.
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Skilfully managing liquidity and minimizing risk in coordination with the finance team.
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Identifying and implementing initiatives to enhance operational processes and reduce risk.
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Close collaboration with compliance teams to maintain a robust AML and KYC program.
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Testing controls to guarantee customers receive exceptional execution quality with venues.
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Formulating, reviewing, and enhancing operational procedures and workflows in response to regulatory changes and business conditions.
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Daily reconciliation of client/exchange/broker trades and positions, along with preparation of daily funding requirements.
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Liaising with clients and counterparties to address settlement issues and resolve discrepancies.
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Active participation in projects and implementation of new business/system enhancements.
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Planning and executing system User Acceptance Testing (UAT).
Requirements
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Minimum 5 years of experience in Operations/Settlement/Remittance gained in financial or brokerage firms, or crypto related context is highly desired;
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Degree holder in Finance, Accounting or related disciplines:
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Sound knowledge of the relevant rules and regulations of ASIC and AUSTRAC;
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Self-motivated, with a good analytical mindset and ability to work under pressure;
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Excellent presentation and problem solving skills;
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Proficient in Excel, Access and Microsoft Office Suite.
